Hong Kong Telecommunications (06823.HK) has obtained approval for a pilot operation of value-added telecommunications Business in mainland China.

HKT Trust and HKT (06823.HK) announced that its wholly-owned subsidiary has obtained approval for the expansion of value-added telecommunications services in a pilot project in mainland China, becoming the first Hong Kong telecommunications operator to qualify as an Internet service provider (ISP) and an Internet content provider (ICP), marking an important step since the group's development in mainland China began in 1992. HKT's Managing Director of Business Customer Operations, Ng Ka Lung, stated that the company has been committed to assisting various sectors of enterprise customers in expanding their markets and business, covering new energy Autos, retail, Technology, finance, and manufacturing. In the future, the company will continue through

AASTOCKSFeb 28 16:47

Morgan Stanley has listed the latest focus stocks for Hong Kong stocks, Chinese concept stocks, and A shares (table).

Morgan Stanley published a report on the Emerging Markets strategy in the Asia-Pacific region, giving the China market a "market perform" rating, and listing the latest focus stocks for Hong Kong stocks, Chinese concept stocks, and A-shares, all rated as "Shareholding": stocks Alibaba (BABA.US), HKT Trust and HKT (00388.HK), Meitu (01357.HK), PetroChina (00857.HK), POP MART (09992.HK), Tencent (00700.HK), Zijin (02899.HK), ZTO Express (ZTO.US), China Resources Sanjiu Medical & Pharmaceutical (000999.SZ).

AASTOCKSFeb 27 11:26

Deutsche Bank raises the Target Price of Hong Kong Telecommunications (06823.HK) to 12 Hong Kong dollars, with clear skies ahead.

Deutsche Bank published a research report indicating that after HKT Trust and HKT (06823.HK) announced last year's results, management has greater confidence in the prospects. Coupled with the gradually recovering affordability in the suppressed market, interest rate reductions, and increased business revenue opportunities brought by customer digitalization, as well as the gradual consolidation of the Industry, the bank has raised the group's Target Price from 11 to 12, maintaining a Buy rating. Deutsche Bank noted that HKT has clear Bullish factors, such as an 8% increase in local data fixed-line business (TSS) revenue, driven by strong demand for solutions related to 5G, Internet of Things (IoT), AI, cloud, and Cybersecurity; mobile service revenue.

AASTOCKSFeb 24 14:38

UBS Group: Maintains a "Buy" rating on PCCW (00008) and raises the Target Price to 5.5 Hong Kong dollars.

The bank has lowered its revenue and EBITDA forecasts for PCCW from 0% to 6% for this year to 2027, and reduced the dividend per share forecast by 1% to 5%, expecting the dividend per share to remain flat.

Zhitong FinanceFeb 24 11:10 · Ratings

UBS Group raised the Target Price of Hong Kong Telecom (06823.HK) to 13 yuan with stable dividend growth.

UBS Group issued a report indicating that Hong Kong Telecommunications (06823.HK) recorded service revenue of 16.3 billion yuan in the second half of last year, an increase of 1.4% compared to the same period last year; EBITDA was 7.6 billion yuan, a rise of 2.5% year-on-year; net profit was 3.1 billion yuan, up by 1.3% year-on-year. Its service revenue was roughly in line with the bank's forecast, while EBITDA and net profit were lower than the bank's estimates by 1% to 7%, mainly due to decreased mobile phone sales and increased income tax. The report stated that Hong Kong Telecommunications declared a final dividend of 0.4588 yuan per share, an increase of 3.2% from the same period last year, with a payout ratio of 100%, consistent with that.

AASTOCKSFeb 24 09:44

In the "Performance" report, PCCW (00008.HK) narrowed its full-year loss to 0.3 billion yuan, with a final dividend maintained at 28.48 cents.

PCCW (00008.HK) announced the full-year results for the year ended December last year, with a Shareholder loss narrowing to 0.3 billion yuan, compared to a loss of 0.471 billion yuan in the same period last year; the loss per share was 3.88 cents. The final dividend per share is 28.48 cents, the same as the same period last year, bringing the total annual dividend to 38.25 cents, unchanged year-on-year. Annual revenue is 37.557 billion yuan, up 3.3% year-on-year. By Business, HKT Trust and HKT (06823.HK) revenue (excluding sales of mobile communication products) grew by 2% to 32.031 billion yuan. Revenue from the OTT business reached 24.5.

AASTOCKSFeb 21 17:51