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《大行报告》花旗引述中移动(00941.HK)指去年派息比率指引维持70%或以上 料资本支出趋降
中移动(00941.HK)今早股价向上,半日股价上扬2.6%收65.7元。花旗发表报告表示,中移动管埋层参与了该行所举行中国科技与电信企业日,引述中移动管理层维持2023年派息比率70%或以上指引,随著5G网络相关投资的减少,料资本支出将呈下降趋势,至2025年资本支出与销售比率会降至20%水平,预计5.5G网路会有一定的资本支出投资,但该领域资本支出投资总额可能相当有限。 中移动管理层维持云端收入800亿元人民币指引,对云端业务成长空间仍持乐观态度,料可受益于中国数位化趋势发展。 公司管理层指6G规划方面,其实际商用仍需要更长的时间,因为历史上3G到4G等技术的升级周期需要五年。管理层预计6G商业化可能会在2030年或更长时间开始。而花旗维持对中移动「买入」投资评级及目标价77元。(wl/k) ~
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