＜Research＞JPM Ratings, TPs on CN Telecoms (Table)

　　Shares | Ratings | Target prices (HK$)

　　ZTE(00763.HK) -0.300 (-1.623%) Short selling $6.82M; Ratio 4.062% | Underweight -> Neutral | 13 -> 20

　　Related NewsCICC: Rate Cut Not Determining Factor for HK Shrs, CN Econ More Important; High Div. Sector May Temporarily Underperform

　　CHINA MOBILE(00941.HK) -1.350 (-1.758%) Short selling $354.20M; Ratio 24.654% | Overweight | 85 -> 95

　　CHINA UNICOM(00762.HK) -0.280 (-3.810%) Short selling $63.53M; Ratio 24.353% | Overweight | 6.9 -> 8.2

　　CHINA TELECOM(00728.HK) -0.250 (-5.030%) Short selling $17.90M; Ratio 4.993% | Overweight | 4.8 -> 5.7

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　　CHINA TOWER(00788.HK) -0.020 (-1.980%) Short selling $17.34M; Ratio 8.522% | Neutral | 0.95 -> 1.1

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-16 16:25.)

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