中金:予阿里(9988.HK)“跑贏行業”評級 目標價203港元
中金髮表研究報吿,指阿里巴巴(9988.HK) 昨日(20日)股價漲幅達6.7%,較近期最低點已累計反彈33.2%。該行認為對業績疲軟的預期,已充分反映在現價中。該行指,有較高定價權的海外資金的逐步買入阿里,主要考慮公司各大指數中權重較大,阿里有望逐步走出監管風險的陰霾,迎來估值修復。
報吿又指,阿里長遠核心電商基於供給側優勢的電商核心基本盤仍保持穩健;新業務淘特用户增長屢創新高;儘管加大投放犧牲短期收入及利潤,但用户獲取、加強留存、搶奪份額的戰略路徑日益清晰,持續高舉高打市場份額已有逐步恢復的趨勢;阿里雲持續深自研技術雲原生處理器芯片、雲原生服務器、神龍40架構、PolarDB關係型數據庫、大數據AI平台等重磅產品不斷夯實阿里雲長期的基礎,予“跑贏行業”評級,目標價203港元。

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.