野村:料騰訊(0700.HK)首季收入錄按年增長 尤其手遊增長強勁
野村發表研究報告指,騰訊(0700.HK)在投資者會議中表示,在新冠肺炎的疫情下,手遊業務看到強勁的增長,社交廣告亦表現穩定,但媒體廣告及支付數量受到負面的影響。不過,由3月份開始,線下業務回覆正常後,支付數量亦開始恢復。該行維持騰訊“買入”投資評級,目標價440港元,併為行業首選股。
野村預期,第一季騰訊在收入及non-GAAP每股盈利分別按年上升20%及24%,較市場預期高1%及10%,並料騰訊線上遊戲、廣告及金融科技與雲板塊的收入分別增長20%、19%及25%。
野村表示,由於難以估算經濟衰退將維持多久,市場的注意力已逐步轉移在疫情後期的回覆期上。該行相信,在環球的不確定性中,中國的市民因疫情侷限在社交媒體及遊戲的娛樂上,故料中國線上遊戲業務仍能維持相對穩健。
不過,該行指,不少公司因疫情削市場推廣預算,所以對廣告恢復的進度感審慎,而中國線上旅遊平台業務或需待市民對安全的憂慮消除才能恢復。

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 this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.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.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.