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《大行報告》摩通:聯通(00762.HK)股價今年有追落後空間 爲中資電訊股首選
摩根大通發表研究報告指,中國移動(00941.HK)(600941.SH)宣佈母公司擬於2022年內在二級市場以30億至50億元人民幣回購A股,帶動中移動股價上漲2%,預期H股及A股回購計劃有助穩定A股IPO後股價。 摩通又指,考慮到中國聯通(00762.HK)股息政策具有潛在吸引力,加上H股與A股價格大幅折讓逾60%,聯通H股價格今年仍有追落後空間,假設今年行業收入增長將保持約8%,相信受5G貢獻及新業務持續快速增長的推動下,行業資本開支可能按年增長1%並達到頂峯,行業首選爲聯通H股,其次爲中電信(00728.HK)、中移動,最後爲中國鐵塔(00788.HK)。 摩通給予聯通「增持」評級,目標價爲5.7元;中移動評級「中性」,目標價52元;中電信評級爲「增持」,目標價3.6元。至於中國鐵塔評級爲「中性」,目標價1.05元。
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