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CHU - Don't Pigeonhole China Tower An Essential 5G Stock To Follow
January, 19 2021 02:05 AM
China Unicom (Hong Kong) Ltd
Massive capacity and large user base help China Tower form a strong moat. Its poor stock performance might be due to the unsatisfactory growth within the core segments throughout 2020. This, in turn, is a result of the low pricing power of China Tower's 5G-related businesses. Improving the tower tenancy ratio and refining the business structure may help the company change the status quo. We remain neutral on China Tower, but got our finger on the pulse, expecting a possible turnaround. For further details see:
Don't Pigeonhole China Tower, An Essential 5G Stock To Follow
Stock Information
Company Name:
China Unicom (Hong Kong) Ltd
Stock Symbol:
CHU
Market:
NYSE
Website:
chinaunicom.com.hk
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