Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00728 CHINA TELECOM
RTNominal down4.470 -0.050 (-1.106%)
Others

16/08/2019 17:17

{I-bank focus}HSBC reduces China Telecom (00728) to HK$4.8

[ET Net News Agency, 16 August 2019] HSBC Global Research reduced its target price for
China Telecom (00728) to HK$4.8 from HK$5 and maintained its "buy" rating.
The research house said it will watch China Telecom's tone at half-year results on 22
August with interest. It was less interested with 4G in sharing, but it may be keener to
share with 5G.
Being the largest residential fixed-line operator in China in terms of the number of
subscribers, China Telecom relies heavily on cash inflows from the broadband business.
More aggressive broadband pricing from China Mobile (00941) would further hit the market
leader's position, cash flow, and profit outlook. (KL)

Back to Others

Remark: Real time quote last updated: 18/04/2024 14:22
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.