Glonghui, Feb. 27丨According to the Daimo Development Research Report, PCCW (0008.HK) announced a final dividend of HK$28.48, or HK38.04 cents per share for the whole year, reflecting the full dividend transfer of Hong Kong Telecom (6823.HK), and described it as meeting the bank's expectations, giving the company an “increase in holdings” rating with a target price of HK$4.5. Daimo pointed out that although advertising faced uncertainty, thanks to strong user growth, the media business maintained a healthy trend, with revenue rising 26.9% and EBITDA rising 31.9% year-on-year. In addition, the bank also mentioned that the company's net debt-to-EBITDA ratio is 3.78 times, which is a healthy level, and that about 60% of loans involved a fixed interest rate; the overall real interest rate for the entire fiscal year was about 3%. The stock is currently reported at HK$3.89, with a total market value of HK$30.1 billion.