You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》野村:中資電訊股股息回報吸引 看好中移動(00941.HK)
阿思達克 04-03 14:27
野村發表報告指,三大中資電訊商在過去兩周分別公布了去年業績,收入增長疲弱及盈利錄得下跌,大致如市場預期。在競爭緩和下,行業重新開始有收入增長,於去年第四季按年上升3%。

該行表示,由於電訊商維持其派息比率政策,股息回報率在近期的股價下跌後更為吸引。其中中移動(00941.HK)雖然去年盈利下降10%,但仍維持穩定的每股派息,股息回報率在6%以上,主要是因為有強勁的現金流及資產負債表,公司亦指引在今年會保持每股派息穩定。

野村提到,今年中國電訊行業的關注點包括實際的5G智能手機用戶增長、下半年的資本開支計劃,及行業是否會有新的政策。該行認為,行業收入會繼續逐步改善,雖然資本開支不是重大憂慮,但電訊商在今年仍要面對經營成本上升等的挑戰。

三大中資電訊股中,該行最看好中移動,對其評級為「買入」,目標價72,其後依次為中電信(00728.HK)及聯通(00762.HK),兩企評級均為「中性」,目標價分別2.6元及4.8元。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account