share_log

中银国际维持有线宽频(1097.HK)卖出评级，目标价0.50港元

Bank of China International maintains its cable broadband (1097.HK) selling rating, with a target price of HK$0.50

中銀國際 ·  Jul 30, 2009 14:55  · Researches

Bank of China International maintains its cable broadband (1097.HK) selling rating, with a target price of HK$0.50.

The stock surged 61% to HK$1.24 yesterday as cable broadband called on the Hong Kong government to issue a free TV business license. Bank of China International believes that the stock's gains have clearly gone too far because there are too many uncertainties in the planned free TV business. Bank of China International said that it is uncertain whether cable broadband can succeed in the free-to-air TV market because the company is unable to withstand the impact of China Energy (0008.HK) NOW TV in the pay TV market, and it is impossible to resolve BOC International's confidence in the company.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment