里昂升中移动(0941.HK)评级至“买入”目标价维持87港元
里昂发表研究报告指,中移动(00941.HK)上半年业绩不理想,总服务收入按年下跌1.3%,较预期高0.4%,以及净利润按年跌14.6%,较预期低7.6%。同时,移动业务在成熟的4G市场及激烈竞争下,承受巨大压力。

报告指,中移动加快部署5G以刺激增长,今年5G资本支出料达240亿元人民币,该行预计2020年将增加至600亿元人民币。不过中移动已预料未来三年,总资本支出不会大幅增长,公司今年将会维持稳定派息,这意味着每股派3.22元或达到5.1%的吸引股息率。
由年初至今,该股股价已下跌16%,里昂维持其87港元目标价,评级由“跑赢大市”升至“买入”。
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