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China Tower Could be Weighed by Slower 5G Rollout -- Market Talk

China Tower Could be Weighed by Slower 5G Rollout -- Market Talk

中國鐵塔可能會受到5G部署放緩的拖累-市場傳言
Dow Jones Newswires ·  2021/06/04 02:25

DJ China Tower Could be Weighed by Slower 5G Rollout -- Market Talk

DJ China Tower可能會受到5G部署放緩的拖累-市場討論

0625 GMT - Slower rollout of the 5G network in China could weigh on telco company China Tower, Citi says. The company's battery exchange business segment could be a potential growth driver, it says. The U.S. investment bank cuts its 2021-2023 earnings estimates for China Tower by 1% amid expectations that the pace of construction for 5G equipment could slow in 1H and the sector's capex growth may remain muted in the next few years. It lowers the stock's target price to HK$1.20 from HK$1.35 and maintains a neutral rating. Shares are 1.8% higher at HK$1.10. (yiwei.wong@wsj.com)

0625GMT-花旗表示,中國5G網絡鋪設速度放緩可能會給電信公司中國塔(China Tower)帶來壓力。該公司表示,電池更換業務部門可能是潛在的增長動力。這家美國投資銀行將中國塔2021-2023年的收益預期下調了1%,原因是預計5G設備的建設速度可能在上半年放緩,該行業的資本支出增長在未來幾年可能保持低迷。將該股目標價由1.35港元下調至1.2港元,維持中性評級。該公司股價漲1.8%,報1.10港元。(yi wei.wong@wsj.com)

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June 04, 2021 02:25 ET (06:25 GMT)

2021年06月04日02:25美國東部時間(格林尼治標準時間06:25)

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