国元国际指出，三大运营商的传统业务基本盘稳定，未来将持续提交稳定的现金流；随着AI技术的普及和其他新技术、新业务形态的涌现，运营商在数字产业中的新动能也将不断增长，进而推动整体业务体量保持持续增长。与此同时，三大运营商仍在不断提高分红派息比率。按目前的股价，其股息率有望在当下6%的水平上进一步提升。Telecommunication stocks collectively rose, as of the time of publication, Chinacomservice (00552) rose by 6.7% to HK$4.46; China United Network Communications (00762) rose by 4.61% to HK$7.03; China Mobile (00941) rose by 3.39% to HK$74.65; China Telecom (00728) rose by 2.86% to HK$4.68.
According to the Smart Finance News APP, telecommunication stocks collectively rose, as of the time of publication, Chinacomservice (00552) rose by 6.7% to HK$4.46; China United Network Communications (00762) rose by 4.61% to HK$7.03; China Mobile (00941) rose by 3.39% to HK$74.65; China Telecom (00728) rose by 2.86% to HK$4.68.
On the news front, on October 8, the National Development and Reform Commission and other departments issued the "Guidelines for the Construction of the National Data Standard System," clarifying the content of the basic establishment of the national data standard system by 2026, providing a clear development path for the CNI Data Factor Index industry. CITIC SEC pointed out that policies related to the CNI Data Factor Index industry are intensively released, and various provinces and cities are rapidly building relevant basic platforms, laying a good foundation for subsequent data operation and circulation. Bullish on the industry's development prospects supported by policy guidance, the data industry chain is expected to develop in synergy upstream and downstream.
Guoyuan International pointed out that the basic stability of the three major operators' traditional businesses is stable, and they will continue to provide stable cash flow in the future; with the popularization of AI technology and the emergence of other new technologies and business models, the new dynamics of operators in the digital industry will continue to grow, thereby driving the overall business volume to maintain continuous growth. At the same time, the three major operators are continuously increasing their dividend payout ratios. Based on the current stock prices, their dividend yield is expected to further increase beyond the current level of 6%.
