Chinese Telecoms: Recent Meetings Suggest a Benign Capex Outlook, but There Are Risks over 5G.
At recent meetings with the Chinese operators and China Tower (788 HK), Alastair Jones came away convinced the operators were not looking at a...
659 Views
AsiaInfo Tech (亚信科技) IPO: What You Need to Know Before the Trading Debut
AsiaInfo Tech priced its IPO at HKD 10.50/share and will start trading today. Prior to the trading debut, in this short note, we summarize the...
643 Views
China Tower: Changing Our View to Positive. Low Cost Expansion Should Generate Better Returns
At the time of the IPO we were quite negative on China Tower (788 HK) prospects. However, in recent calls and meetings our view has changed and...
642 Views
China Mobile Stands Out as a Defensive Holding in Turbulent Times
Following the 3Q18 results, China Telecom (H) (728 HK) outperformed both China Mobile (941 HK) and China Unicom (762 HK) by around 7%, although...
495 Views
AsiaInfo IPO Update: An Unappealing Mix of Declining Revenue Growth and Cost-Cutting
Asiainfo Technologies (1119892D CH) is a leading Chinese telecom software and services provider with a 25% market share as measured by revenue in...
423 Views