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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

中國鐵塔有望持續上漲，但預計第四季度將跌至谷底--市場對話
Dow Jones Newswires ·  2020/11/04 00:19

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

DJ China Tower有望持續盈利，但預計第四季度將跌至谷底--市場對話

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-野村證券(Nomura)表示，在物聯網、大數據和邊緣計算需求強勁的支撐下，中國塔看起來有望實現多年收益增長，並維持對該股的買入評級。野村證券(Nomura)表示，儘管由於5G需求持續疲軟，4Q可能會成為這家電信公司又一個增長緩慢的季度，但它可能會在短期內觸底。這家日本銀行表示，中國鐵塔仍將是中國5G供應鏈的主要參與者，應該會受益於相對謹慎但可持續的5G鋪設時間表。野村證券將目標價從2.10港元下調至1.63港元。股價下跌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美國東部時間(格林尼治標準時間05：19)

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