The Zhitong Finance App learned that Daimo released a research report saying that the Hong Kong telecommunications industry is expected to see healthy growth this year due to the increase in 5G average revenue per user (ARPU), the stable competitive pattern, and the recovery of roaming revenue. The industry's first choice is HKTM-SS (06823), believing that it can stand on the risk of potential competition and also has better prospects for dividend growth.

The bank believes that Digital Telecom (00315) and Hutchison Telecom Hong Kong (00215) are key stock selections for the restart, indicating that roaming contributed more than 20% to earnings before the pandemic, and roaming revenue in the first half of 2022 has recovered to pre-epidemic levels of about 40%. It is believed that the rest will be a strong rebound in mainland-related roaming revenue. It now predicts that roaming revenue will return to pre-epidemic levels of about 50%-60% this year, driving short-term profit growth.