JPMorgan Roll Outs AI Chatbot That Can Do the Work of a Research Analyst - Report
Goldman Sachs: Maintains 'shareholding' rating for Hong Kong Telecom-SS with a target price of HKD 11.
JPMorgan released a research report stating that it maintains a 'shareholding' rating for Hong Kong Telecom-SS (06823) with an unchanged target price of HKD 11. JPMorgan reiterated its bullish outlook on Hong Kong Telecom, citing it as the bank's preferred stock in the Hong Kong telecom sector due to its attractive 9% dividend yield and improving DPS prospects. The bank stated that Hong Kong Telecom announced its half-yearly results yesterday and that its DPS per share steadily increased by 3% in the first half of the year due to the continuous recovery of its roaming business. Strict control over operating expenses/capital expenditures, reduced tax payments, and positive changes in operating capital offset the increase in interest payments in the first half of the year.
Express News | JPMorgan Pitches in-House Chatbot as AI-Based Research Analyst- FT
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