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China Tower Poised for Sustainable Gains But Expect 4Q Trough -- Market Talk

China Tower Poised for Sustainable Gains But Expect 4Q Trough -- Market Talk

中国铁塔有望持续上涨，但预计第四季度将跌至谷底--市场对话
Dow Jones Newswires ·  2020/11/04 00:19

DJ China Tower Poised for Sustainable Gains But Expect 4Q Trough -- Market Talk

DJ China Tower有望持续盈利，但预计第四季度将跌至谷底--市场对话

0519 GMT - China Tower looks poised for multiyear earnings growth, supported by buoyant demand in internet-of-things, big data and edge computing, Nomura says, maintaining a buy rating on the stock. Although 4Q will likely be another slow quarter for the telecommunications company due to persistent 5G demand weakness, it will likely bottom out in the near term, Nomura says. The Japanese bank says China Tower will still remain a main player in China's 5G supply chain and should benefit from a relatively prudent but sustainable 5G rollout schedule. Nomura cuts its target price to HK$1.63 from HK$2.10. Shares are down 2.3% at HK$1.26.(justina.lee@wsj.com)

0519GMT-野村证券(Nomura)表示，在物联网、大数据和边缘计算需求强劲的支撑下，中国塔看起来有望实现多年收益增长，并维持对该股的买入评级。野村证券(Nomura)表示，尽管由于5G需求持续疲软，4Q可能会成为这家电信公司又一个增长缓慢的季度，但它可能会在短期内触底。这家日本银行表示，中国铁塔仍将是中国5G供应链的主要参与者，应该会受益于相对谨慎但可持续的5G铺设时间表。野村证券将目标价从2.10港元下调至1.63港元。股价下跌2.3%，至1.26港元。(justina.lee@wsj.com)

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November 04, 2020 00:19 ET (05:19 GMT)

2020年11月4日00：19美国东部时间(格林尼治标准时间05：19)

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