00008 PCCW
- 4.520
- +0.080+1.80%
PCCW News
PCCW (HKG:8) Takes On Some Risk With Its Use Of Debt
While Individual Investors Own 41% of PCCW Limited (HKG:8), Public Companies Are Its Largest Shareholders With 41% Ownership
One PCCW Insider Raised Their Stake In The Previous Year
Recent 3.8% Pullback Isn't Enough to Hurt Long-term PCCW (HKG:8) Shareholders, They're Still up 32% Over 1 Year
pccw (00008.HK) issued 1.4251 million shares under the stock incentive plan.
Glory Times September 27th | pccw (00008.HK) announced that on September 27, 2024, it will issue and distribute 1.4251 million shares in accordance with the share incentive plan for rewards.
[Brokerage Focus] UBS expects interest rate cuts to help inflow of risk assets into Hong Kong, and recommends adding CKH Holdings (00001) and BOC Aviation (02588) to the recommended list.
The UBS Group stated in a report that the Federal Reserve recently announced a half-point interest rate cut, and the Hong Kong Monetary Authority also followed suit. HSBC Bank also reduced its preferential interest rates by 25 basis points, which means lower mortgage rates. It is believed that this will inject a strong stimulus for property buyers in the real estate market and is expected to attract capital inflows into Hong Kong's risk assets. However, there is a possibility that different re-ratings may occur due to suppressed dividends. The bank prefers high-yield stocks, companies that are sensitive to interest rates, and companies that have resilience in the face of macroeconomic weakness. The bank has removed CKH Holdings (01038) and CLP (00002) from its list of recommended stocks in the Hong Kong market, and has added
UBS group: Most bullish on HKBN among Hong Kong telecom stocks, prefers PCCW over HKBN.
UBS Group released a research report stating that it has raised the target price of HKBN (01310) from HKD 3.16 to HKD 3.3 and upgraded the rating from "neutral" to "buy", making all three companies covered by the firm's Hong Kong telecom sector receive a "buy" rating. The target price for PCCW (06823) remains unchanged at HKD 12.5; the target price for HKT-SS (00008) has been raised from HKD 4.6 to HKD 5. UBS expects that the Fed will begin a rate-cutting cycle in mid-September, and forecasts that the three-month HIBOR in Hong Kong in 2025 will be 130 basis points lower than this year. It also believes that the lower interest rate environment is favorable for the fundamentals of the telecom industry.
UBS Group: Most bullish on Hong Kong Telecommunications stocks, preferring PCCW (00008) over hkbn (01310)
UBS group believes that the low interest rate environment is beneficial to the fundamentals of the telecommunications industry, can reduce the debt burden of enterprises, drive inflow of funds into risk assets, and is more likely to lead to revaluation due to pressure on dividend yields.
The Ministry of Industry and Information Technology: Accelerate the development of mobile Internet of Things from "Internet of Everything" to "Intelligent Connectivity of Everything".
① The notice is based on the development pace of the mobile internet of things industry and the current status of mobile internet of things applications in various industries, and clarifies the development goal of the mobile internet of things. ② By 2027, based on 4G (including LTE-Cat1, which is the category 1 rate type of 4G network) and 5G (including NB-IoT, narrowband internet of things).
Pinning Down PCCW Limited's (HKG:8) P/S Is Difficult Right Now
PCCW (00008) rose 2.70%, now trading at 4.330 yuan, reaching a 52-week high.
As of 11:48, PCCW (00008) rose 2.70% from the previous closing price to HKD 4.330, hitting a 52-week high. The volume was 2.7628 million shares, with a turnover of HKD 12.0286 million.
Express News | PCCW H1 Revenue HKD 17,698 Million
Express News | PCCW H1 Ebitda HKD 2,302 Million
PCCW: 2024 INTERIM REPORT
PCCW Limited Grants Employee Share Awards
PCCW (00008) granted 0.0787 million shares of bonus shares.
PCCW (00008) announced that on August 22, 2024, the company, in accordance with the relevant regulations, will...
PCCW Limited's (HKG:8) Top Owners Are Public Companies With 41% Stake, While 41% Is Held by Individual Investors
Mox becomes the first virtual bank in Hong Kong that allows the trading of currency etf of cryptos.
Mox, the virtual bank, announced that clients of Mox Invest can invest in the cryptos ETF under the Hong Kong regulatory system that can be offered to Hong Kong retail clients, including crypto spot and futures ETF listed in Hong Kong, as well as crypto futures ETF listed in USA.
PCCW Aims for Deleveraging With Dividend Policy Shift, S&P Says
Is PCCW (HKG:8) A Risky Investment?
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