Morgan Stanley lists the first quarter performance forecasts for Chinese telecommunications stocks (Table)
Morgan Stanley released a report indicating the performance forecasts for Chinese telecommunications stocks in the first quarter:
Stock │ First Quarter Net Profit Forecast (RMB) │ Year-on-Year Change
China Mobile (00941.HK) │ 28.079 billion │ -8.3%
China Unicom (00762.HK) │ 5.055 billion │ -14.7%
China Telecom (00728.HK) │ 7.33 billion │ -17.3%
China Tower (00788.HK) │ 3.926 billion │ +29.8%
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Stock │ First Quarter Revenue Forecast (RMB) │ Year-on-Year Change
China Mobile │ 260.859 billion │ -1.1%
China Unicom │ 103.354 billion │ 0%
China Telecom │ 134.143 billion │ -1.0%
China Tower │ 25.137 billion │ +1.5%
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