Communication industry investment accelerated last December

Ministry of Industry recently released 2009 of the year's business data. With the steady recovery of the economy, the income and business of the communications industry has recovered steadily since the beginning of the year, with a cumulative income of 870.73 billion yuan and a growth rate of 4.1% in December.　　2009 is 3G year, the three major operators capital expenditure is unprecedented, the cumulative completion of investment of 372.49 billion yuan, the growth rate of 26.1%. State Securities published research report, proposed in the next 1-3 months "standard" communications equipment plate. January communications equipment beyond the market nearly 7%, analysts believe that the communication equipment this month, the main reason for the excess income is the internet of things, the start of the three-network convergence and the TMT plate is still a hot market. Analysts predict that in the next 1-3 months the communications equipment industry will be "a small run to win" the market, but the overall win will be narrowed, because the average value of the plate is 2010 years 35 times times PE, plate PE relative to the market ratio of PE has exceeded the historical average, so recommended "standard."　　Stocks, the key recommendation of the technology, ZTE, three-dimensional communications. As for the Communications Operations Section, analysts also suggested "standard" for the next 1-3 months. January Communications operations beyond the market nearly 5%, analysts believe that the communications operation this month, the main reason for the excess returns is the overall strength of the communications sector, and this month, China Unicom released 3G users added 920,000 to get a relatively positive response, at the same time, the media report portability to its share price has a positive impact In the next 1-3 months, analysts believe that the telecommunications industry will be "run flat" market, because of the 2010 industry profitability is difficult to make a significant improvement, and 3G users to develop rapidly, is waiting for the emergence of a profit inflection point. At present, Unicom PB in twice times, in the historical low, the downlink space is limited, at the same time, Unicom PB relative to the ratio of PB is lower than the historical average, the future of its valuation there is an upward space, but it takes time, it is recommended "standard." (Jing)