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《大行報告》匯豐研究料內地互聯網行業短期維持波動 較看好網遊類股份
昨日(21日)傳出內地停發遊戲版號,其後國家新聞出版署澄清目前申請仍在接收。匯豐研究發表報告,市場傳出一系列未獲證實監管消息,遊戲股遭拋售,發改委施壓下調服務費,令美團(03690.HK)變現率下調4個百分點,收入下降14%。該行看好網絡遊戲股,但認爲近期上行空間可能受限。 匯豐研究認爲,中國互聯網行業仍將保持短期內較大波動,且對市場消息敏感,疲軟的宏觀前景和監管風險可能會限制估值上行空間,更好地支持小商戶而採取持平至更低的收費率可能仍然是2022年的關鍵主題。該行認爲,儘管遊戲審批可能會進一步延遲,但豐富的產品管道和強大的傳統遊戲性能應該有助於騰訊(00700.HK)和網易(09999.HK)(NTES.US)更好地渡過難關。
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