華泰金控引述小米(01810.HK)管理層指已與供應商確認業務合作將持續正常開展
華泰金融控股發表報告表示,就美國國防部早前將包括小米(01810.HK)在內的9家公司列入所謂的中國軍工公司名單,禁止美國投資者投資這些公司。小米管理層召開電話會議,回應稱小米只提供民用和商用產品和服務,不應定義為《1999財政年度國防授權法案》下的相關公司,管理層表示將尋求與相關機構進一步溝通,同時,其已與主要供應商確認業務合作將持續正常開展。
華泰金控稱,評估事件對小米股價的潛在影響程度,據截至今年1月15日的彭博數據,小米前50機構投資者共計持有33.75%的股份,其中16家美國投資者共計持股約6.8%。此外,小米創始人之一林斌持有小米9%的股份。與投資禁令相關的更重要細節有待發布,例如將小米加入黑名單的理由、美國投資者的確切定義、允許或禁止交易股票的確切場所等。
該行認為不正當的投資禁令會削弱美國作為全球領先金融市場的地位,料小米正常業務經營將會持續,而投資禁令名單有別於美國商務部發布的阻止美國公司向納入黑名單的公司出口技術的「實體清單」。小米確認其與供應商之間的業務合作將不受影響,且當前沒有證據表明公司有被美國政府納入「實體清單」的風險。
華泰金控維持對小米「買入」評級及目標價34元,相當非國際財務報告準則口徑下預測今明兩年預測市盈率各38.3倍及30.7倍。
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