《大行報告》匯豐研究升香港電訊(06823.HK)評級至「買入」 另上調電盈(00008.HK)目標價
匯豐研究發表報告,指香港寬頻(01310.HK)取消了其明年進取的市佔率增長目標,現時該行預期企業客戶增長的競爭將會更為緩慢。在固網方面,香港電訊(06823.HK)應會受惠於持續的寬頻速度升級需求及企業的國際寬頻服務。下半年料會看到漫遊服務進一步下跌,但部分影響會被5G的轉移所抵銷,並料真正的5G優勢將會在明年可見。
另外,電訊盈科(00008.HK)的重組降低了業務的複雜性,將Now TV售予香港電訊及特別息派盈大地產(00432.HK)都是正面的事。現時電訊盈科持有盈大地產股權約40%,合併將會令總債務減少約13%,並將財務成本減少約8%,而Viu的變現是潛在的催化劑。
該行表示,將香港電訊的投資評級由「持有」上調至「買入」,目標價由原來的11.8元調高至13元,並維持電訊盈科的評級為「持有」,目標價由4.5元調高至5.4元。
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