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標普重申騰訊(00700.HK)「A+」信貸評級 展望穩定
阿思達克 10-05 10:57
評級機構標普表示,重申對騰訊控股(00700.HK)的「A+」長期發行人信用評級及長期發行評級,展望為「穩定」,預計在手機遊戲、線上廣告、雲計算及支付業務推動下,騰訊未來24個月將保持收入雙位數增長及強勁現金流,支持其進一步投資雲計算基建、內容及進行收購。 標普指出,中國監管環境不斷變化,或會對騰訊實施其長期戰略計劃帶來不確定性,但看好管理團隊表現,以及公司在其各個業務領域都保持強勁市場地位,因此將管理與治理(M&G)評分由「強」調整至「滿意」。 惟該行認為,中國互聯網公司正面臨越來越多的監管審查,政府尋求推動科技平台開放生態系統,為騰訊未來2年的戰略舉措實施帶來更多不確定,經營波動性增加,其中網絡遊戲面對越來越多的監管審查,當局對在內容審查及數據收集使用等方面亦施加更大限制,預期將提升公司營運複雜性及成本,導致增長放緩。
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