標普確認騰訊(00700.HK)高級無抵押票據「A+」評級
評級機構標準普爾給予騰訊(00700.HK)擬發行的高級無抵押票據「A+」長期發行評級。該票據將根據其300億美元的中期票據計劃發行。
標普發表報告指,發行票據的評級與騰訊的發行人信用評級相同,反映公司強勁的現金流和資本結構中的最低優先級借款。報告預計騰訊的今年收入增長放緩至15%至20%,主要由於疫情帶動收入的影響逐漸消退,但在線應用和支出的上升仍能支持公司各項業務的增長。
對於中國加強對反壟斷和金融科技行業的監管審查。標普認為,可能會影響騰訊的增長和盈利能力,而監管機構加強對在線業務審查,或會對併購交易帶來更多障礙,並增加小型互聯網公司的競爭,但相信騰訊龐大的財務空間應能為可能會發生的監管行動提供足夠的緩衝。
報告提到,基於穩健的增長和現金流,未來24個月,騰訊調整後的債務對息稅折舊攤銷前利潤比率應遠低於1.5倍。而去年公司的債務槓桿率約為0.4倍。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.