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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?
Goldman Sachs gives PCCW (00008) a "neutral" rating with a target price of HKD 4.
Morgan Stanley is bullish on Hong Kong Telecommunications-SS (06823) compared to PCCW (00008), due to the former's dividend yield of 8% and improved prospects for dividend per share growth.
PCCW LIMITED To Go Ex-Dividend On August 12th, 2024 With 0.12513 USD Dividend Per Share
UBS Group: Maintains "buy" rating on PCCW, target price raised to HKD4.6.
UBS Group released a research report stating that it has raised the target price for PCCW (00008) from HKD 4.4 to HKD 4.6, based on the upward adjustment of the target price for HK Telecom-SS (06823) to HKD 12.5 and to adjust profit forecasts due to PCCW's mid-term performance, maintaining a "buy" rating. The bank pointed out that the forecast dividend yield of the current stock price is 9.7 cents, which provides support to the stock price. If investors exempt from dividend tax through Stock Connect, it will be a potential catalyst for the stock. The company's interim dividend per share was HKD 0.0977, which remained unchanged year-on-year, and the average unit distribution per share of HK Telecom increased by 2.7% year-on-year, meaning that the company
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