《大行报告》里昂:中移动(00941.HK)可受惠5G增长动力 指现估值吸引
里昂发表报告表示,中移动(00941.HK)第三季主要营运数据大致符合预期,整体服务收入按年升3.6%至1,845亿元人民币,移动业务收入按年稳定於1,326亿元人民币,而固网业务收入更按年升20.6%,季内移动用户及每用户平均收入(ARPU)均相对平稳,但5G用户数目高於预期。
该行补充,5G有机会有助中移动改善收入增长,随着5G规模的扩大,更多年轻用户加入5G网络以及更多5G应用,ARPU将会重拾增长。报告指,中移承诺今年维持稳定派息每股3.22元人民币,意味股息收益率达6.4%,加上现水平估值吸引,重申「买入」评级,目标价80元。
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