share_log

Canning Fok: HUTCHTEL HK Keeps Eye on Investment Chances, Upbeat on Biz Outlook

AAStocks ·  Jul 30, 2021 06:03
HUTCHTEL HK (00215.HK) has poured over $3 billion in expanding mobile network and developing 5G network since 2019, and will continue to be watchful of any investment and acquisition opportunities in Hong Kong or overseas, said Chairman Canning Fok at the press conference.

The company had distributed two times of special dividend after selling fixed network business in 2017, said Fok, who pledged to make good use of the money, adding the company will return to shareholders by way of dividend in absence of promising opportunity.

Unworried about the business performance, the Chairman was sanguine about the company's outlook, believing roaming fee income to come back sooner or later with ascending vaccination rate.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment