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HK $1.3 HK $4.04% in Hong Kong

Source: Internet
Author: User
Keywords Hong Kong dollar share
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Hutchison Telecom Hong Kong (00215-HK) is now up 4.04%, at HK $1.03, to clinch HK $31.5169 million, which is now winning the big city, with the index rising 0.34%. JPMorgan Chase will first give the unit a rating of more than $1.3 a target price.　　The bank noted that the integrated telecommunications operator provides mobile and ftns services in Hong Kong, offers mobile services in Macau, a 22% share of wireless users in Hong Kong, and a 47% share of 3G users. The bank also said it was bullish on its dividend yield, currently at 7%, as one of the highest dividend yields in the Asian telecoms unit and the Hong Kong market. Added that the bank believes it is a mature, stable cash flow of the company, the valuation is reasonable.

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