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《大行報告》野村:與國企合作將使騰訊雲更容易投資內地IT領域資產
野村發表研報告指,內地當局披露聯通(00762.HK)與騰訊(00700.HK)騰訊雲旗下騰訊創投已成立合資企業,將合作拓展分發網絡及邊緣計算服務,由聯通及騰訊持股48%及42%。 野村認為,與聯通等國企的合作,令騰訊雲可更容易投資於中國IT行業資產,指出過去兩年監管機構加強對大型互聯網平台併購的審查,以防止「資本無序擴張」,其中雲端業務由於涉及數據安全問題,相關投資可能會引起監管機構的特別關注。 該行指,透過與國企建立合作夥伴關係,有助於騰訊雲進軍企業服務市場,同時騰訊於合資企業持股不會達到引起監管機構擔憂的程度,維持對騰訊的「買入」評級及目標價420元,對應明年預測市盈率約13倍。
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