《大行报告》瑞信料中资电讯股上季收入加快提升市场信心 首选中移动
瑞信发表研究报告,指中资电讯商收入於去年第四季的收入加速,令市场对行业基本面重拾信心。中移动(00941.HK)为行业首选,因其派息率达6.1%较吸引。该行同时亦看好中国铁塔(00788.HK),认为目前有超卖迹象,而且其盈利有机会超出预期。
该行预期中移动、中电信(00728.HK)、联通(00762.Hk)第四季服务收入增速加快至9.8%、9.8%及6.6%,与其他同业相若,主因竞争和监管环境较稳定。
该行又指,今年中移动资本开支将是影响估值的重要因素,预期今年将持平於1.8亿元人民币,因5G资本开支增加,抵销4G资本开支减少,相信可以消除投资者的忧虑。
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