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China Unicom's Big Connectivity Subscribers Reach 1.08 Billion in July
China United Network Communications (00762.HK) released its July operational data: the number of 5G package subscribers has accumulated to 0.279 billion households.
On July 2024, China United Network Communications (00762.HK) released its operational data. As of July 2024, the total number of 'Big Connection' users reached 1077.803 million, the total number of 5G package users reached 279.032 million, and the cumulative number of internet of things terminal connections reached 572.774 million.
BOCI: It is expected that photovoltaic modules and copper connections will be the first sectors of AI upstream hardware to achieve performance.
In 2024, the ambitious vision for AI in 2023 will be validated. It is expected that light modules and copper connections will be the first sectors in hardware to realize performance in the upstream of AI.
Citigroup: Maintains 'buy' rating on China United Network Communications (00762), target price lowered to HKD6.9.
Citigroup has lowered its profit forecast for China United Network Communications (00762) from 2025 to 2026 by 6% to 7%.
Research Reports | Shanxi Securities: China United Network Communications maintained double-digit growth in the first half of the year, maintaining a "buy-A" rating.
Shanxi Securities research report pointed out that China United Network Communications (600050.SH) achieved a total profit of 16.8 billion yuan and a net profit attributed to equity shareholders of 6 billion yuan, with a YoY growth of 10.2% and 10.9% respectively in the first half of the year. The performance maintained a double-digit growth, building a stable operation foundation for the 'three news'. With regard to the business performance outlook in 2024, the company strives to achieve steady revenue growth and double-digit growth in pre-tax profit. The annual capital expenditure will be controlled at around 65 billion yuan, with a YoY decrease of 12%. As for dividends, in 2024H1, the company's dividend per share is 0.2481 yuan, with a YoY growth of 22.2% and a dividend payout ratio of 55%. In the future.
Capital trend statistics for the Shenzhen-Hong Kong Stock Connect (T+2) on August 19th.
Capital trend for the Stock Connect of Smart Hong Kong | August 19th
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