野村:料聯想集團(0992.HK)回A將刺激股價走高 重申"買入"評級
聯想集團(0992.HK)建議發行中國存託憑證(CDR)及在上海科創板上市,有關申請在上週四(9月30日)已獲上交所受理。
野村發表研究報吿指,聯想將很快舉行投資者路演以及持續推進科創板IPO事宜,若果一切順利,預料最快在未來1-2個月內掛牌。而參考中芯國際、上海復旦和中國中車的回A經驗,估計聯想在科創板上市前H股股價很大可能走高。 該行重申聯想集團的"買入"評級,維持目標價10港元。
報吿提到,聯想計劃公開發行不超過13.38億股CDR,擬募集資金100億元人民幣,用於新產品及項目發展、行業策略投資,和強化營運現金流。每份CDR的初始報價約為7.5元人民幣(摺合約9港元),較9月30日的8.37港元的收市價為高,因此認為聯想回A在不久的將來屬正面催化。
報吿又指,自中芯國際、上海復旦和中國中車宣佈回A獲監管受理後,其H股股價最高曾分別飆升130%、139%和89%,並在正式回A掛牌前見頂。 因此該行認為,投資者可參考上述三股的走勢,以判斷聯想未來的股價表現。

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