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《大行報告》大和:繼續看好科網股 薦騰訊、網易、美團和京東
大和發表研究報告指,近期宏觀經濟疲軟及監管不確定性令中國互聯網股受壓,加上遊戲審批的暫停時間較預期久,或推遲焦點新遊戲的發佈時間,影響遊戲公司明年上半年收入。 但大和提到,內地疫情受控情況或好過預期,加上遊戲審批可能提速,都將是近期潛在股價催化劑。另外,雖然可變利益實體(VIE)的合法性仍有待釐清,但大和預計中美監管機構合作將會取得進展,有助提振市場信心。 該行重申對行業積極看法,首選爲騰訊(00700.HK)、網易(09999.HK)、美團(03690.HK)和京東(09618.HK),對騰訊目標價650元及維持「買入」投資評級,予網易(JD.US)目標價140美元及維持「買入」投資評級,將新遊戲提前發佈及審批正常化視作潛在催化劑;並看好美團在外賣行業的領先地位及新業務發展有起色,目標價350元。
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