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惠譽授予百度(09888.HK)擬發行美元票據 「A」評級
阿思達克 08-18 14:20
惠譽評級表示,向百度(09888.HK)擬發行的美元高級無抵押票據授予「A」評級,與百度現有及未來的高級無抵押債務處於同等受償順序,因此評級與百度「A」的高級無抵押評級一致。該票據或其中部分將作為可持續發展債券發行,資金料用於一般公司用途,包括償還部分現有債務。 惠譽表示,百度核心營銷業務表現強勁,截至6月1日百度App月活躍用戶達到5.8億人,每日登錄用戶達77%,相信可保持中國搜索引擎市場的領先地位。受惠於AI業務及直播平台YY Live營收增長貢獻率提升,惠譽預計2022年至2023年核心非營銷業務佔核心營收比例將由今年第二季度的21%提升至30%。 惠譽預期,百度將繼續投資無人駕駛、智能汽車以及AI雲服務,以實現長期增長,預測未來幾年百度AI雲業務佔核心非營銷業務及YY業務外營收佔比將達到70%至80%。 對於內地監管風險加劇,惠譽認為中國互聯網市場監管環境將持續演變,由於百度在數據隱私和數據保護方面在同業中屬高標準,並與監管機構保持積極溝通,並參與制定行業標準,相信不會對百度運營帶來重大影響。
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