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《大行報告》高盛:阿里巴巴(09988.HK)進行大型回購 重申「買入」評級
高盛發表研究報告指,阿里巴巴(09988.HK)宣布回購計劃加碼至250億美元,相信更大規模的回購將有助進一步優化資產負債表,更好地協調管理層及股東的利益。 阿里透露,截至3月18日已回購5,620萬股ADS,佔截至2022年2月已發行股本約2%,平均回購價為每股163.7美元,涉及92億美元。 高盛指,截至2021年12月底,阿里巴巴持有4,790億元人民幣的現金、等價物及短期投資,以及590億美元的淨現金,使其成為全球資金最充裕的公司之一。擴大股票回購計劃表明管理層對公司長期、可持續增長潛力和價值創造的信心,以及在估值壓縮的情況下向股東返還資本的承諾,該行繼續認為為這是投資者今年構建中國互聯網投資組合時關注的關鍵因素之一。 該行指,雖然中國企業在回購活動中相對不太活躍,但在中港科技股及醫療公司中確實見到上升趨勢,重申阿里巴巴投資評級為「買入」,維持目標價為180元不變。
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