智通财经APP获悉，瑞银发布研究报告称，将香港宽频(01310)目标价由3.16港元升至3.3港元，评级由“中性”升至“买入”，使该行在其香港电讯板块覆盖的三家公司均为“买入”评级。香港电讯-SS(06823)目标价为12.5港元不变;电讯盈科(00008)目标价由4.6港元上调至5港元。
瑞银预期，美联储9月中开始减息周期，料香港2025年三个月HIBOR会比今年低130个基点，同时认为较低利率环境对电讯业基本面有利，可减轻企业的偿债负担，带动资金流入风险资产，更有可能随股息收益率的受压而导致重新评级。该行表示，基于香港电讯公司的流动债务约在50%水平，认为利息成本会降低，从而令股息前景改善。
该行最看好香港电讯，因其流动通讯市场竞争稳定，加上大型企业客户持续带动数码化需求，香港电讯的业务前景是三家公司中最具韧性。此外，偏好电盈多过香港宽频，主要因为前者南向持股比例较低以及业务经营稳定，而后者仍处于业务转型的初期。
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