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《大行報告》里昂:三大中資電訊股息率吸引 偏好中移動(00941.HK)
里昂發表研究報告指,三大中資電訊商將陸續公布業績,預期由於宏觀疲軟下政府數字化支出放緩,今年第二季電訊商總服務收入按年增長速度將從首季的7.7%,放緩至約6%,工業互聯網增速則可能放緩至按年增長15-20%,繼續成為主要增長動力。 該行預計,隨著資本支出適度增長,電訊商淨利潤率將持平或按年上升,當中中國移動(00941.HK)淨利潤料按年增長約5%,中國電信(00728.HK)及中國聯通(00762.HK)則預期增長10%至12%。 里昂又指,三大電訊商股息率頗具吸引力,其中更為偏好中移動,預期其今明兩年股息回報可分別達到7.6%及8.1%,屬同業中最高。
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