《大行報告》野村料內地科網股短期區間上落 估末季或回升 首選騰訊及阿裏等
野村發表報告表示,根據近期該行與投資者的溝通後,發現不少海外投資者對內地互聯網行業股票持謹慎態度,擔心行業面臨監管力度加大,或導致股價持續波動。相比之下,該行發現不少本港及內地基金在互聯網行業股份最近顯着調整後態度更加積極,並認爲短期內監管環境可能仍然緊張,指無法預見監管事件在何時及那個領域再次出現,並指部份香港及內地投資者在最近的拋售潮之後開始收集個別藍籌股,如騰訊(00700.HK)、阿裏巴巴(09988.HK)及網易(09999.HK)。
該行指,相關投資者認爲內地監管旨在解決與互聯網行業發展相關的各種問題,而不是抑制其增長,該行同意此觀點;第二是相關藍籌互聯網公司目前的估值已過度反映內地監管收緊影響。
野村認爲,內地互聯網股份短期仍會呈區間上落,倘若內地監管環境趨於穩定,估計可能會在今年第四季度出現持續回升。該行預計亞洲基金的購買的增加,可能有助於抑制相關藍籌股進一步的下行風險。然而,除非更廣泛的投資者羣體加入購買,該行認爲相關股價走向這取決於監管環境的發展。
該行指,在內地互聯網領域的首選仍然是網易(NTES.US)、微博(WB.US)、京東(JD.US)、歡聚時代(YY.US)、阿裏巴巴(BABA.US)及騰訊。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.