大摩:若香港电讯-SS(06823)附属被撤销美国经营资格 料基本面影响可控
HKTHKT(HK:06823) 智通财经网·2025-10-16 08:20

Core Viewpoint - Morgan Stanley reports that the FCC plans to revoke HKT International's operating qualifications in the U.S. due to its connection with China Unicom Americas, but the impact on HKT's fundamentals is expected to be manageable [1] Company Summary - HKT International's international business revenue (excluding Greater China) is projected to account for less than 7% of total revenue in 2024, with the U.S. market representing approximately 1% [1] - The profit margin of international business is generally lower than that of local operations [1] - Morgan Stanley has set a target price of HKD 13 for HKT and maintains an "Overweight" rating [1] Market Sentiment - There is potential for continued negative market sentiment due to the uncertainty surrounding the situation [1]