No Data
No Data
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
No Data
No Data