《大行報告》中金上調騰訊(00700.HK)目標價至406元 評級「跑贏行業」
中金發表研究報告指,國家新聞出版署日前公布新一批遊戲版號審批結果,有84款遊戲獲批,當中包括騰訊(00700.HK)端遊《無畏契約》、《重生邊緣》、《寶可夢大集結》等。
該行指,本次版號審批緩解了市場對於進口遊戲獲發版號不確定性的擔憂,預期版號發放節奏已正常化,雖然預測騰訊遊戲流水在短期內仍然受壓,但憧憬新遊戲逐步推出,對騰訊遊戲業務可持續增長仍有信心。
該行又指,騰訊早前公布《視頻號商家技術服務費管理規則》,宣布視頻號將於明年起向商家收取技術服務費,技術服務費率介乎2%至5%,電商變現進度加快,預期有助推進視頻號商業化生態進一步發展,相信電商業務可與內循環廣告相輔相成,成為收入增長重要引擎,並可進一步促進視頻號內容生態。
中金維持今明兩年收入和盈利預測,並維持「跑贏行業」評級,目標價上調至406元。
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