《大行》招商證券國際:中國互聯網行業首選騰訊 升目標價至670元
招商證券國際發表報告指,中國遊戲市場在上半年實現強勁增長,憑藉新產品、AI及精細化營運,該行重點覆蓋公司的表現超越同行。
對於第二季及全年展望,該行認爲豐富的遊戲儲備有望持續推動增長,利潤率擴張。預計騰訊(00700.HK)、網易(09999.HK)及嗶哩嗶哩(09626.HK)第二季遊戲收入將按年增長15%、18%及13%,2025財年按年增15%、13%及13%。
招商證券維持中國互聯網行業推薦,首選騰訊,因其具備穩固商業護城河、良好增長前景、市場領導地位以及在AI應用生態上的潛力,目標價由650元升至670元。
另外,該行對網易(NTES.US)美股目標價由154美元升至166美元。嗶哩嗶哩(BILI.US)目標價由25美元升至28美元。
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