Strong 1H Result from China Telecom with Mobile Outshining Fixed Broadband
China Telecom Corp Ltd (H) (728 HK)'s first-half 2017 result was strong with services revenue up 6.8% and EBITDA up 3.7%. Mobile services revenue...
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China Unicom's Mixed Ownership Reform Plans Announced but Benefits Likely Overhyped
China Unicom Hong Kong Ltd (762 HK)'s first-half result was slightly better than expected with strength in the mobile businesses more...
350 Views
China Mobile's Improvement Continues. Special Dividend a Surprise.
Our thesis on the Chinese telcos has been that from a period of very low returns we would see improvement. We believe this is happening with the...
255 Views
Chinese Telecom Market Provides Favorable Backdrop for Stocks: Defensive Long-Term Growth on Offer
The Chinese telecom market is one of our favorites in the region, with organic growth stemming from country GDP growth forecasts averaging around...
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China's 5G Capex. $411bn over 10 Years Is in Line with Our Expectations. The Capex Holiday Is Real.
Our positive view on Chinese telcos has been at least partly predicated on a capex holiday allowing for returns to move higher in the next few...
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