Express News | Which companies gained the market share lost by PwC after being terminated by multiple listed companies?

Breakings06:57

Express News | PwC sustained nearly 500 million yuan in lost revenue due to ongoing contract terminations.

BreakingsJun 12 19:12

Bank rating | Goldman Sachs: increased target prices for three major Chinese telecom stocks, optimistic about the outlook for the second half of the year.

Goldman Sachs has released a report indicating a positive outlook for the three major Chinese telecommunications stocks in the second half of the year. It believes that their shares meet the long-term value evaluation based on the dividend discount model, due to their clear dividend rate targets, stable business and profit growth combination, predicted free cash flow surpassing the dividend target ability from this year to 2026, and the company's willingness to promote shareholder returns and manage market cap under state-owned enterprise performance indicators. The bank stated that the dividend yield of the three major Chinese telecommunications stocks in the next 12 months will be between 7% to 8%, and after deducting the dividend tax, it will be between 5% to 6%. They are also one of the 30 highest dividend-paying stocks among the listed companies with a market cap of over 100 billion HKD. This refers to the aforementioned shares.

Gelonghui FinanceJun 12 14:12

Goldman Sachs: Increases target price for China Mobile (00941), China Telecom (00728), and China United Network Communications (00762), remains bullish on them in the second half of the year.

Goldman Sachs released a report stating that their view on the three major Chinese telecommunications stocks in the second half of the year remains positive, and believes that the related shares conform to the long-term value evaluation based on the dividend discount model.

Zhitong FinanceJun 12 11:53

Goldman Sachs raises target price for three major Chinese telecommunication stocks in "Great Wall", bullish on the second half of the year.

Goldman Sachs has released a report stating that it has a positive outlook for the three major state-owned telecommunications companies in the second half of the year. The relevant stocks are considered to be in line with the long-term value assessment using dividend discount models, based on clear dividend rate targets, stable business and profit growth combinations. It is predicted that from this year to 2026, free cash flow will surpass the achieved dividend target ability given by pure profits and national enterprise performance indicators. Moreover, the company is willing to promote shareholder returns and manage market cap based on this performance indicators. The bank states that the dividend yield of the three major state-owned telecommunications companies in the next 12 months is 7% to 8%, and after deduction of dividend tax, it is 5% to 6%, which is 3 to 4 basis points higher than the annual interest of one-year Chinese government bonds, and also a value of over HKD 100 billion in the Hong Kong mark

AASTOCKSJun 12 11:14

Express News | China Telecom: Announcement of the Implementation of A-Share Profit Distribution Plan for 2023. Cash dividend of RMB 0.09 per share.

BreakingsJun 5 17:21