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《大行報告》美銀證券上調小米(01810.HK)目標價至31元 評級「中性」
阿思達克 01-18 14:37
美銀證券發表報告,指美國總統特朗普政府將小米集團(01810.HK)列入與中國軍方相關的企業名單,並限制美國公民在2021年11月11日後投資,影響資金的流向,目前美國投資者持有公司15%的B類股權,不過,對業務影響則料非常有限,目前公司有望成為中國最大的智能手機製造商,但因應美國政府換屆將令禁制令面對不確定性,加上內地投資者興趣增加,考慮估值高昂,即使核心業務穩固及盈利擴張,重申予「中性」評級,目標價由26.4元升至31元。

該行指出,禁令對小米營運影響十分有限,因並沒有限制零部件的供應,同時公司的產品幾乎完全沒有銷售往美國,預期今明兩年手機的付運量亦達1.93億及2.32億部。手機付運量增加料有助今年收入增長,並帶動明年起互聯網及盈利增長。

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