You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
研報掘金|招商證券:上調雲音樂目標價至143港元 利潤率擴張推動估值持續回升

招商證券發表報吿指,雲音樂管理層持續專注於提升用户體驗以推動用户增長,在年初推出新的APP首頁界面。此外,公司還持續豐富內容庫。由於在線音樂利潤提升前景清晰,利潤率水平逐步擴張並穩步向騰訊音樂靠攏,並推動估值持續回升,今年社交娛樂業務對集團的拖累逐步消減,將H股目標價由130港元升至143港元。

報吿另指,阿里持續減持雲音樂。今年4月,阿里將其持股比例從9.35%降到8.32%,最近在6月6日,持股比例進一步降至7%。該行認為這是阿里出於減少非核心投資,專注核心業務擴張的考量,同時認為這不會對雲音樂的基本面前景以及與阿里通過88VIP計劃的合作產生影響。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account