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《大行报告》花旗下调中国有赞(08083.HK)目标价至3.5元 评级「买入」
阿思达克 05-12 10:32
花旗发表的研究报告指,中国有赞(08083.HK)首季商品交易额(GMV)按年升13%,收入则增长12%,认为或逊市场预期,主要因为快手平台GMV增长较慢,而微信方面受基数较高影响增长则维持稳定。

期内交易费用收入下跌,而订阅收入增长则达21%,估计增长势头在第二季将恢复,主要因为微信平台基数将较正常,而下半年受惠快手方面竞争较轻松,表现应有改善,将公司2021-23年净利润率预测分别调整至负4.95%、负1.7%及正1.7%,目标价由4.1元降至3.5元,维持「买入」评级,相信在社交电商及线下数码化等带动,公司长远发展未变。(el/a) ~

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