Nomura published a research report, listing the investment ratings and Target Prices for the three major Chinese telecom operators as follows:
Stock | Investment Rating | Target Price (HKD)
China Telecom (00728.HK) | Buy | 5.5 - 7.2 HKD
China Unicom (00762.HK) | Neutral to Buy | 6.9 - 11.7 HKD
China Mobile (00941.HK) | Buy | 88 - 106 HKD