Changes in Hong Kong stocks | China Telecom (00728) rose more than 3%, and Damo expects the company's 2024-26 dividend per share compound annual growth rate of 10%

China Telecom (00728) rose more than 3% and rose 3.44% to HK$4.51 at press time, with a turnover of HK$273 million.

Zhitong FinanceApr 16 23:28 ET

Beishui Trends | Beishui Trading's net purchase of 9.887 billion yuan of domestic capital continues to grab the Chinese title Yingfu Fund (02800) is once again popular

The Zhitong Finance App learned that on April 16, the Hong Kong Stock Exchange had a net purchase of HK$9.877 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$5.624 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$4.253 billion. The individual stocks that Beishui Net bought the most were Yingfu Fund (02800), Tencent (00700), and CNPC (00857). The most sold individual stock by Beishui Net was the Hong Kong Stock Exchange (00388). Hong Kong Stock Connect (Shanghai) active trading shares Hong Kong Stock Connect (Shenzhen) active trading stock Yingfu Fund (02800) received a net purchase of HK$2,678 billion. According to the news, Zhejiang Shang International

Zhitong FinanceApr 16 05:43 ET

Research Report Nuggets丨Shanxi Securities: China Telecom's dividend rate continues to rise, maintaining a “buy-A” rating

According to the Shanxi Securities Research Report, China Telecom (601728.SH) achieved net profit of 34 billion yuan in 23 years, or +10.3% over the same period last year. Among them, the basic business grew steadily, and the company achieved comprehensive broadband ARPU growth for three consecutive years. The bank sees, on the one hand, a rapid increase in the proportion of gigabit broadband users. On the other hand, the company continues to explore smart home businesses such as FTTR, Whole-House Intelligence, Tianyi Home Watch, and Cloud Computers. The company plans to continue to maintain high dividends. Starting in 2024, profits distributed in cash within 3 years will gradually increase to more than 75% of the profits due to shareholders in that year, continuing to create greater value for shareholders.

Gelonghui FinanceApr 16 03:23 ET

Sino-Singapore Group (601512.SH): Not participating in China Telecom's Yangtze River Delta National Hub Jiaxing Computing Power Center project

Gelonghui, April 15, 丨 Sino-Singapore Group (601512.SH) said on an interactive platform that the company did not participate in the Jiaxing Computing Power Center project, China Telecom's Yangtze River Delta national hub.

Gelonghui FinanceApr 15 06:40 ET

China Telecom (00728.HK) plans to hold a board meeting on April 23 to approve quarterly financial results

Gelonghui, April 11, 丨 China Telecom (00728.HK) announced that the board of directors will hold a meeting of the company's board of directors on April 23, 2024 (Tuesday) to approve (including) the financial results of the company and its subsidiaries for the three months ended March 31, 2024.

Gelonghui FinanceApr 11 05:03 ET

Big Bank Ratings｜Damo: Maintaining the “Gain” Ratings of the Three Major Telecom Companies, China Telecom Is Preferred

Morgan Stanley published a report. In the context of state-owned enterprise reform, increasing shareholder returns is a long-term trend. The three major telecom companies in the mainland will maintain healthy growth this year. Telecom companies, on the other hand, are on track to achieve their goal of saving capital expenses. Their new technology is also getting a lot of attention. The bank maintained the “gain” rating of the three major telecommunications companies, with China Telecom, China Mobile, and China Unicom in order of preference. According to the bank, with the support of the State Assets Administration Commission, it has seen telecommunications companies actively manage market capitalization and increase shareholder returns. At the same time, telecom operators have maintained healthy fundamental growth. This is the core of market value management. Other aspects of managing market capitalization include making more matches with the market

Gelonghui FinanceApr 3 04:07 ET