《大行報告》富瑞:阿里(09988.HK)新結構釋放估值並提升表現
富瑞發表評級報告指,阿里(09988.HK)公布重組方案,設立六大部門,並各自設有CEO及董事會,以及可以獨立融資和上市。該行認為此次重組令不同業務部門能夠快速回應市場的變化,增強其決策度。而每個單位負責其業績,進一步激勵潛在的IPO。
該行指,這是一個重要的結構重組變化,「1+6+N」結構令管理變得更靈活和精簡,並獲得中層和後端基礎設施支持。該行表示,新結構釋放估值並提升表現,並相信市場將進一步尋找機會及每個業務部門的潛力。該行給予公司目標價為214元,維持其評級為「買入」。(ca/u)
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