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《大行報告》高盛:與騰訊(00700.HK)重續戰略合作 京東-SW(09618.HK)風險回報吸引
高盛發表研究報告指,騰訊(00700.HK)(TCEHY.US)與京東-SW(09618.HK)(JD.US)宣布重續戰略合作協議,為期來三年,預期京東將繼續受到微信的流量支持。 根據合作協議,京東在未來三年將向騰訊發行A類普通股,作為對價的一部分,最高價值可達2.2億美元,但公告中並未披露全部協議金額。 高盛指,雖然騰訊今年3月以實物形式向股東分派京東股份,但目前騰訊仍持有京東約2.3%股權,認為未來三年再發行股票將有助於加強騰訊與京東之間的利益一致性。高盛認為京東的風險回報具有吸引力,給予目標價382元,維持「買入」評級,續列確信買入名單。
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