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《大行報告》里昂:騰訊(00700.HK)季績勝預期 中期特別息有助估值重評
里昂發表報告指,騰訊(00700.HK)第三季業績優於預期,總收入按年下跌1.6%至約1,400億元人民幣,較該行預期低1.3%,但線上遊戲及廣告收入表現優於預期。 該行表示,集團國際遊戲收入按年仍有增長,主要受到成功推出新遊戲支持,而線上廣告的按年跌幅亦迅速收窄至4.7%,相信是受惠於視頻號信息流廣告的強勁需求。 報告提到,騰訊宣派特別中期股息,將派發其持有的90%美團-W(03690.HK)股份,市值200億美元,相當於5.5%的股息收益率,該行認為此舉應可支持騰訊獲估值重評。 里昂維持對騰訊股份「買入」評級,目標價450元。
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