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大和:料內地互聯網監管風險短期持續 仍看好騰訊、美團等

大和發表研究報吿指,受到校外輔導課程的政策影響,近期市場極端波動,投資者擔心政策延伸至其他行業,包括互聯網行業,加上騰訊(0700.HK)旗下微信暫停新申請,以及外送速遞員的政策,引起進一步的擔憂。因應近日監管機構舉行會議解釋,恢復市場信心,故建議投資者可以小心選擇收集部份超賣股份。

該行指,公司可以採取較進取的股份回購方式,以重建投資者信心,不過市場將面對進一步的數據安全、反壟斷的監管,並會造成短期波動,當中特別是一些較重要的行業。而創新是互聯網行業的重要增長因素,只是估值會受到監管政策所影響。

該行看好騰訊控股(0700.HK)、網易(NTES.US)、百度(BIDU.US)、美團(3690.HK)。此外,阿里巴巴(9988.HK)、京東(9618.HK)和拼多多(PDD.US)股價亦同樣吸引。

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