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國泰君安:予阿里巴巴(9988.HK)“買入”評級 目標價360港元
格隆匯 12-28 16:38

國泰君安證券發表研究報吿表示,國家市場監管總局就《反壟斷法》對阿里巴巴(9988.HK)展開調查,儘管公司股價短期面臨阻力,但認為公司的基本面仍然穩固。該行予其“買入”評級,目標價360港元。

該行指,根據國家市場監管總局最近於12月14日作出的處罰,公司受到行政處罰50萬元人民幣,顯示相對較低的罰款額,同樣預期這次罰款額可能也不會太大,目的是提醒公司於將來避免不正當行為,並避免相關反壟斷法所禁止的壟斷行為。該行認為,互聯網行業可能還會面臨其他有關反壟斷法的調查,從而導致整個互聯網行業的短期不確定性。

該行又認為,中國監管機構的目標不是阻止中國互聯網業務的發展。另一方面,中國監管機構試圖遏制互聯網企業的不當行為,促使互聯網企業調整自己的擴展策略。此舉有助於中國的互聯網業務健康發展並採取對社會負責的做法,最終使整個社會受益。

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