China Mobile: Operating and Profit Weakness in 1Q19. Our Main Concern Remains the 5G Capex Outlook.
After a small improvement in operating trends in 4Q18, China Mobile (941 HK) failed to consolidate those gains and recently reported poor 1Q...
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China Tower: Onwards and Upwards (For Now).
China Tower (788 HK) recently reported strong 1Q19 results, boosted by the adoption of IFRS16 (big positive impact to EBITDA). Revenue growth has...
584 Views
HK Connect Discovery Weekly: Air China and Great Wall Motor (2019-04-04)
In our Discover HK Connect series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as analyzed by...
612 Views
China Mobile 4Q18 Trends Improved Slightly. It Remains Most Exposed to 5G Capex Uncertainty.
Chris Hoare downgraded China Mobile (941 HK) some time ago on rising concerns that 5G capex would be higher than expected. While China Unicom (762...
552 Views
China Telecom Mobile Business Recovered in 4Q. Broadly in Line with Expectations
China Telecom (728 HK), having delivered strong revenue growth but weak margins in 3Q18, delivered better 4Q numbers. Like its peers however, the...
524 Views