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野村:中移動光纜集中採購招標能加速光纖行業整合
格隆匯 06-19 14:46

野村發表研究報告指,中國移動(0941.HK)昨日公佈2020年至2021年普通光纜產品集中採購招標公告,採購普通光纜1.192億芯公里,特種光纜517.06萬芯公里。野村認為,總採購招標規模增加對中國光纖行業發展整面,尤其在經歷過2019年需求低迷和供應過剩的一年後。

野村表示,中移動的招標策略與去年類似,分配最多的市場份額予最大的三間公司,這會逼使光纜供應商互相競爭,並使價格有下行的壓力,但會加速行業整合。該行指,由於實質價格及長飛光纖(6869.HK)可分配的份額仍不確定,故維持其“中性”投資評級,目標價17港元不變。

在5G供應鏈中,野村看好中鐵塔(0788.HK)、深南電路(002916.SZ)及廣東生益科技(600183.SH)。

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