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| HSI1 | 26,009.46 | 0.00 | -- |
| HSCEI1 | 8,634.34 | 0.00 | -- |
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2026-08-21 16:05:16 Citi issued a research report on CHINA TELECOM (00728.HK), of which 2Q revenue faded 5% YoY, below the broker's and the market's expectations. EBITDA subtracted 8% YoY, while net profit dropped 14% YoY, both above the broker's forecasts. The company declared an interim DPS of RMB0.1606, down 11.4% YoY, representing a slimmer decline than the drop in net profit. The payout also hiked from 72% in the same period last year to 75%, reflecting management's commitment to continuously enhancing shareholder returns. The rapid development of AI and the token economy led daily token call volume to almost double over the past two quarters. During the period, CHINA TELECOM's computing revenue grew by more than 50% YoY, while AIDC revenue increased 9.3% YoY. Management also maintained its targets for steady growth in revenue, EBITDA and net profit. Citi maintained its Buy rating on CHINA TELECOM and set a TP of HKD5.7. ~ AASTOCKS Financial News Website: www.aastocks.com | |