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大行評級丨高盛:阿里售銀泰及高鑫以專注核心業務及股東回報 予“買入”評級
格隆匯 01-02 14:22

高盛發報吿指,阿里巴巴近日宣佈出售非核心線下零售業務——高鑫零售,按每股最多1.75港元,最高所得款項總額為122.98億港元。基於SOTP估值,該行予集團目標價131港元及“買入”評級。

高盛指,交易標誌着繼早前宣佈出售銀泰後的第二項重大非核心資產出售。兩項資產在其SOTP估值中並不重要,高鑫零售和銀泰業務均計入所有其他分部,對集團的利潤貢獻極小。高盛認為,出售兩項主要的線下零售業務符合集團持續專注電商的方針,同時相信交易獲得淨額,或回饋股東,包括回購及股息。

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