Narrative Update • Jul 24

The Integrated Telecom Services industry is up 1.4% in the last week, with China Unicom (Hong Kong) up 3.4%. In contrast, the industry has lost 19% in the last 12 months. Looking forward, earnings are forecast to grow by 8.4% annually.
Has the Hong Kong Integrated Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 Jul 2026 | HK$1.1t | HK$1.3t | HK$79.4b | 11.6x | 14.3x | 0.9x |
| Thu, 25 Jun 2026 | HK$1.0t | HK$1.3t | HK$79.0b | 11.1x | 13.2x | 0.8x |
| Sat, 23 May 2026 | HK$1.2t | HK$1.3t | HK$79.1b | 13.5x | 15.2x | 1x |
| Mon, 20 Apr 2026 | HK$1.2t | HK$1.3t | HK$81.7b | 13.3x | 14.2x | 0.9x |
| Wed, 18 Mar 2026 | HK$1.2t | HK$1.3t | HK$81.9b | 15.5x | 14.6x | 1x |
| Fri, 13 Feb 2026 | HK$1.1t | HK$1.2t | HK$81.5b | 15x | 13.8x | 0.9x |
| Sun, 11 Jan 2026 | HK$1.2t | HK$1.2t | HK$80.3b | 16.1x | 15.1x | 1x |
| Tue, 09 Dec 2025 | HK$1.3t | HK$1.2t | HK$79.2b | 17.4x | 16.3x | 1.1x |
| Thu, 06 Nov 2025 | HK$1.3t | HK$1.2t | HK$78.6b | 16x | 16.3x | 1.1x |
| Sat, 04 Oct 2025 | HK$1.3t | HK$1.2t | HK$77.9b | 16.6x | 16.1x | 1x |
| Mon, 01 Sep 2025 | HK$1.4t | HK$1.2t | HK$77.9b | 16.8x | 17.6x | 1.1x |
| Wed, 30 Jul 2025 | HK$1.3t | HK$1.2t | HK$76.2b | 16.6x | 17.7x | 1.1x |
| Fri, 27 Jun 2025 | HK$1.4t | HK$1.2t | HK$76.2b | 16.4x | 17.8x | 1.1x |
| Sun, 25 May 2025 | HK$1.4t | HK$1.2t | HK$76.0b | 16.9x | 18.2x | 1.2x |
| Tue, 22 Apr 2025 | HK$1.3t | HK$1.2t | HK$73.9b | 16.1x | 17.9x | 1.1x |
| Thu, 20 Mar 2025 | HK$1.3t | HK$1.2t | HK$73.5b | 15.9x | 17.9x | 1.1x |
| Sat, 15 Feb 2025 | HK$1.3t | HK$1.1t | HK$72.8b | 15.4x | 18.1x | 1.1x |
| Mon, 13 Jan 2025 | HK$1.2t | HK$1.1t | HK$72.2b | 14.4x | 16.1x | 1x |
| Wed, 11 Dec 2024 | HK$1.1t | HK$1.2t | HK$72.9b | 14.5x | 15.4x | 1x |
| Fri, 08 Nov 2024 | HK$1.1t | HK$1.2t | HK$73.7b | 14.7x | 15.1x | 1x |
| Sun, 06 Oct 2024 | HK$1.2t | HK$1.2t | HK$72.0b | 13.5x | 16.1x | 1x |
| Tue, 03 Sep 2024 | HK$1.1t | HK$1.2t | HK$71.7b | 13.7x | 15.1x | 0.9x |
| Thu, 01 Aug 2024 | HK$1.0t | HK$1.1t | HK$68.5b | 13.4x | 15.3x | 0.9x |
| Sat, 29 Jun 2024 | HK$1.1t | HK$1.1t | HK$68.0b | 13x | 15.8x | 0.9x |
| Mon, 27 May 2024 | HK$1.0t | HK$1.1t | HK$68.2b | 13x | 14.9x | 0.9x |
| Wed, 24 Apr 2024 | HK$1.0t | HK$1.1t | HK$67.7b | 13.3x | 15x | 0.9x |
| Fri, 22 Mar 2024 | HK$984.2b | HK$1.1t | HK$67.3b | 14x | 14.6x | 0.9x |
| Sun, 18 Feb 2024 | HK$979.0b | HK$1.1t | HK$66.0b | 14x | 14.8x | 0.9x |
| Tue, 16 Jan 2024 | HK$902.7b | HK$1.1t | HK$66.2b | 13.3x | 13.6x | 0.8x |
| Thu, 14 Dec 2023 | HK$883.2b | HK$1.1t | HK$66.0b | 11.7x | 13.4x | 0.8x |
| Sat, 11 Nov 2023 | HK$866.5b | HK$1.1t | HK$65.1b | 11x | 13.3x | 0.8x |
| Mon, 09 Oct 2023 | HK$929.1b | HK$1.1t | HK$65.4b | 12.5x | 14.2x | 0.8x |
| Wed, 06 Sep 2023 | HK$930.8b | HK$1.1t | HK$65.5b | 12.7x | 14.2x | 0.8x |
| Fri, 04 Aug 2023 | HK$955.6b | HK$1.1t | HK$64.1b | 14x | 14.9x | 0.9x |
14.9x
How does Hong Kong Integrated Telecom Services compare with similar industries?
| HK Market | 0.77% | |
| Telecom | -4.05% | |
| Telecom Services and Carriers | 0.12% | |
| Integrated Telecom Services | 0.097% | |
| Alternative Carriers | 2.22% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 728 China Telecom | HK$4.75 | 1.7% +HK$7.3b | -20.8% | PE11.8x | |
| 762 China Unicom (Hong Kong) | HK$6.79 | 3.0% +HK$6.1b | -29.3% | PE9.1x | |
| 6823 HKT Trust and HKT | HK$12.85 | 3.0% +HK$2.9b | 3.8% | PE18.4x | |
| 788 China Tower | HK$9.78 | 1.6% +HK$2.6b | -14.1% | PE11.7x | |
| 8 PCCW | HK$5.78 | 1.0% +HK$464.7m | 3.0% | PS1.1x |