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UBS Group: Latest investment rating and target price for the telecommunication sector (table) China Telecom (00728) is the top choice in the industry.
According to the Ministry of Industry and Information Technology, china telecom industry revenue growth year-on-year decreased from 4.5% in the first quarter to 1.6% in the second quarter, with July and August at 1.8%, affected by the slowdown in traditional telecom and value-added service revenue.
Daiwa: It is expected that the revenue growth of telecommunications stocks in the mainland in the third quarter will still be weak, but profitability will remain stable.
It is reported that china tower (00788) will release its quarterly results tomorrow (18th), followed by the three major telecommunications operators in the mainland announcing their performance next week.
China Communications Services Renews Transactions With China Telecom
Hong Kong stock unusual movement | Telecommunication sector collectively rises, cni data factor index policies intensively implemented, further increase in operator dividend payout ratio.
Telecommunication sector 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.
China Telecom Corp Ltd (SHSE:601728) (H1 2024) Earnings Call Highlights: Steady Growth and ...
China Telecom to Approve Financial Results in Board Meeting