快手(01024.HK)止跌曾回升9.5% 瑞銀維持「買入」評級
快手-W(01024.HK)五連跌昨天股價反覆守穩上周五盤中所創上市低位78.6元後,今早股價曾反彈9.5%高見90.35元,現報86.45元,回升4.8%,成交1,915萬股。
瑞銀昨天維持快手「買入」評級,目標價由400元大幅降至115元,以反映其用戶趨勢的短期壓力,以及直播收入轉弱、電商變現減慢及近期經營開支提升等因素。瑞銀預計快手今年次季及全年收入按年分別升158%及100%,仍可維持強勁增長,但對其直播收入及經營利潤率看法較為審慎;對其電商商品交易額(GMV)增長看法正面,但料提成率將有所下降,主要因為管理層短期聚焦於GMV增長而非收入增長,預計次季其毛利率將將由首季41%升至43%,主要受惠收入組合轉變,但次季海外投資增加,料營銷及員工成本均有所提升,將拖累全年虧損擴大。
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.