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Weimob's Strategy Could Drive Long-Term Growth -- Market Talk

Weimob's Strategy Could Drive Long-Term Growth -- Market Talk

Weimob的戰略可能推動長期增長--市場談話
Dow Jones Newswires ·  2021/06/13 22:51

DJ Weimob's Strategy Could Drive Long-Term Growth -- Market Talk

DJ Weimob的戰略可能推動長期增長--市場談話

0251 GMT - Weimob's recent fund-raising and push into more research and development could continue to drive its long-term growth, UOB Kay Hian says. The company has recently issued US$300 million worth of zero coupon convertible bonds in a private placement, for which the proceeds could go toward research and development, as well as potential M&A activity. The brokerage views the fundraising as being timely amid intensifying competition in the e-commerce sector. UOB maintains its target price of HK$25.00 and its buy rating, as it remains optimistic on Weimob's smart retail business. Shares last closed 0.8% lower at HK$17.42. (yiwei.wong@wsj.com)

0251GMT-大華銀行凱賢(UOB Kay Hian)表示，微眾最近的籌資活動以及對更多研發的推動可能會繼續推動其長期增長。該公司最近以私募方式發行了價值3億美元的零息可轉換債券，所得資金可能用於研發以及潛在的併購活動。該經紀公司認為，在電商行業競爭日益激烈的情況下，此次融資是及時的。大華銀行維持目標價25.00港元及買入評級，因仍看好微眾的智慧零售業務。該股尾盤收低0.8%，報17.42港元。(yi wei.wong@wsj.com)

(END) Dow Jones Newswires

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June 13, 2021 22:51 ET (02:51 GMT)

2021年6月13日22：51美國東部時間(格林尼治標準時間02：51)

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