《大行报告》里昂:中资科网股明年首选腾讯、美团、阿里及京东健康等
里昂发表研究报告指,年初至今中国科网板块表现(跌18%)跑赢MSCI中国指数和纳指(跌27%),虽然行业仍面对宏观困境,但企业盈利于今年第二季见底并强劲反弹,第三季按年增长44%,预期第四季将继续实现按年增长。
考虑到估值压力及成本优化,该行认为中国互联网行业是中国经济重启中的最佳选择,相信随著防疫措施放宽,电商收入增长将最明显快,料旅游增40%、本地服务增25%及实体商品增13%,海外游戏将会是另一催化剂,而广告则相对落后。
里昂2023年首选为腾讯(00700.HK)、美团(03690.HK)、阿里巴巴(09988.HK)(BABA.US)、携程(09961.HK)(TCOM.US)及京东健康(06618.HK),憧憬明年监管和宏观环境将更加有利,其中当局已恢复每月新游戏版号审批,并表示对互联网平台整改感到满意。
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