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《大行報告》大摩:阿里大重組及網信辦執法規定屬兩大重要訊號 反映內地已完成監管重置
摩根士丹利發表中國市場策略報告表示,阿里巴巴-SW(09988.HK)(BABA.US)公布重組方案,國家互聯網信息辦公室近日亦公布《網信部門行政執法程序規定》,以維護企業和企業家的網絡合法權益,兩項事件都進一步顯示出中國監管改革重置已完成,亦證明當局正加強對私營企業及平台公司的支持,相信將有助於改善商業環境,從而激發產業效率及創造力,對中國股市有利。 大摩表示在重要訊號下將維持在新興及全球股市中對中國市場「增持」看法,預期全國兩會於3月完滿舉行後支持力度正由上而下地加快。 該行維持對優質大型平台公司的「增持」看法,當中阿里巴巴仍是港股與A股焦點股名單的重要組成部分,考慮到MSCI中國未來12個月預測市盈率估計較MSCI新興市場折讓13%,預計資金將進一步配置中國市場。
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