06823 HKT Trust and HKT
- 9.000
- +0.130+1.47%
HKT Trust and HKT News
HKT-SS (06823.HK) grants 1.184,500 combined share position rewards
On April 19, Ge Longhui, Hong Kong Telecom - SS (06823.HK) announced that on April 19, 2024, according to the Hong Kong Telecom Joint Stock Account Subscription Plan adopted by the company, a total of 1.184,500 joint stock positions jointly issued by HKT Trust and the Company will be awarded rewards. The current period of the subscription plan starts on October 11, 2021.
Intraday Overview | Domestic housing stocks and telecom stocks generally rose. Sunac China rose more than 5%, and China Telecom rose about 3%
The three major indices weakened slightly. Most gaming stocks fell, Galaxy Entertainment fell more than 5%, and Sands China and Macau International Development fell nearly 4%.
Damo: Reiterates HKT-SS (06823.HK) “Gain” Rating Target Price of HK$10.5
Morgan Stanley released a research report stating that it reaffirmed the “increase” rating of HKT-SS (06823.HK), with a target price of HK$10.5. The bank believes that HKT's dividend rate of 9% this year, and considering the estimated 3.5% increase in dividends this year, even if the US 10-year bond interest rate remains at 4% to 4.5% for a longer period of time, HKT's valuation is still attractive.
HKT Trust and HKT: 2023 Annual Report
Xiaomo: Investors are advised to selectively invest in the Hong Kong telecommunications industry and prefer HKT-SS (06823)
HKT-SS (06823) has the best defensive performance and steady business performance. The dividend ratio also reached 9%, and profit and dividend growth were quite clear.
Bank Ratings | J.P. Morgan Chase: HKT's fundamentals diverge, HKT is preferred
Glonghui, March 18 | J.P. Morgan Chase released a report stating that due to the fundamental differences in Hong Kong Telecom stocks and the outlook for US interest rates is still uncertain, the bank advises investors to select stocks selectively. According to the bank, PCCW downgraded its rating from “increase” to “neutral” after outperforming its peers by about 30% since last year. Due to concerns about dividend prospects and potential profit pressure, the target price was lowered from HK$4.4 to HK$4, which is equivalent to 6.3 times the predicted embedded value of EBITDA. At the same time, Hong Kong's broadband rating was cut from “increase in holdings” to “reduced holdings” due to the company's execution, corporate governance, and assets and liabilities
Big Bank Rating | Damo: Lowering the target prices of Dengying, Hoden and Hong Kong broadband, it is expected that HKT will continue to outperform this year
Glonghui, March 7 | Morgan Stanley published a research report stating that in the volatile competitive environment of the industry, the growth resilience of telecom companies is even more valuable. It is expected that in the face of continued competitive pressure in the market, there may be differences in the performance of telecom companies, which will affect the growth and investment prospects of local telecommunications stocks this year. It is recommended to focus on leading companies. Among them, the “leader” Hong Kong Telecom is more optimistic, and maintains a “gain” rating. The target price is HK$10.5. Damo pointed out that in the high-end market, HKT relies on user loyalty, network quality and brand awareness to consolidate its stable market position and achieve steady growth. It is expected that the company will continue to outperform this year
Komo: The target price of HKT-SS (06823) was raised to HK$11, making it the first choice for the Hong Kong telecommunications industry
Komo believes HKT-SS (06823) is the best defensive local telecommunications stock.
Major Bank Rating | UBS: Raising HKT's Target Price to HK$12.1 Rating “Buy”
According to a report published by UBS, HKT's service revenue, EBITDA and net profit increased by 3.1%, 2.2%, and 1.6% year-on-year respectively in the second half of last year, in line with UBS and market forecasts. The final interest rate per share increased 2.9% year-on-year, in line with UBS and market forecasts, meaning a dividend ratio of more than 8%. After the announcement of the results, UBS kept HKT's 2024-2026 forecast unchanged, and continued to expect an annual dividend growth rate of 2 to 3% per share. The bank raised its target price from HK$11.8 to HK$12.1, with a “buy” rating.
Featured Announcements | Jiumao Jiuyingxi: Net profit is expected to increase more than 8 times last year; Maogan Entertainment Yingxi: Profit is expected to increase more than 7 times last year
HSBC Holdings plans to repurchase up to $2 billion of common stock in the next two months; Cathay Pacific carried 1,717,200 passengers in January, an increase of 66.4% over the previous year.
HKT Trust and HKT To Go Ex-Dividend On June 3rd, 2024 With 0.4444 HKD Dividend Per Share
February 23rd - $HKT Trust and HKT(06823.HK)$ is trading ex-dividend on June 3rd, 2024. Shareholders of record on June 4th, 2024 will receive 0.4444 HKD dividend per share on June 20th, 2024. The
HKT (06823): Roaming revenue is expected to increase by at least 30% this year
HKT's total roaming revenue increased 1.76 times year-on-year last year. Personal outbound roaming revenue in December last year even surpassed pre-pandemic levels in 2019.
HKT's 2023 Profit Rises
HKT's (HKG:6823) profit rose to HK$5.01 billion, or HK$0.6588 per diluted share, in 2023, from HK$4.92 billion, or HK$0.6470 per share, in the previous year, a Thursday filing said. Revenue at the tel
HKT-SS (06823): Du Jiayi Appointed as Independent Non-Executive Director
Zhitong Finance App News, HKT-SS (06823) announced that Du Jiayi was appointed as the custodian-manager and independent non-executive director of the company, effective February 22, 2024.
HKT-SS (06823) Announces 2023 Results Profit attributable to joint share holders of HK$4.991 billion, up 2% year-on-year, with final allocation of HK44.44 cents per share
HKT-SS (06823) announced its 2023 results, with total revenue of HK$34.33 billion, up 1% year on year; profit attributable to share account holders of HK$4.991 billion, up 2% year on year; basic profit per share contract position was HK$65.89, and the final allocation for each share account was HKD 44.44 points, so the total distribution for the whole year was HK$76.49 points.
HKT-SS (06823) will pay a final dividend of HK$0.4444 per share on June 20
HKT-SS (06823) announced that the company will pay a final dividend on June 20, 2024 for every...
HKT Trust and HKT: Annual Results Announcement for the year ended 31 December 2023
HKT-SS (06823.HK) plans to hold a board meeting on February 22 to approve the annual results
Gelonghui, Feb. 8, 丨 HKT-SS (06823.HK) announced that the custodian-manager board meeting and company board meeting will be held on February 22, 2024 (Thursday) to approve (among other things) the annual results of HKT Trust, the company and its subsidiaries and custodian-managers for the year ended 31 December 2023, and consider paying dividends/distributions (if applicable).
HKT Trust and HKT: Date of Board Meetings
Ministry of Industry and Information Technology's latest disclosure! Last year, telecom business volume increased, operators' capital expenditure skewed towards computing power, A-share equipment vendors “a few happy, some sad”
Financial Services Association, January 26 (Reporter Fu Jing) Recently, the Ministry of Industry and Information Technology issued the 2023 Communications Industry Statistics Bulletin. Last year, telecom business revenue totaled 1.68 trillion yuan, an increase of 6.2% over the previous year; the total telecom business volume calculated at the previous year's prices increased 16.8% year on year.
Analysis
Price Target
No Data
