[Nouveau suivi des actions] evaluation of China's iron tower is expected to be nearly 400 billion – Newsletter website hkej.com



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Three major Chinese telecommunications companies, China Mobile (00941), China Unicom (00762) and China Telecom (00728) joint venture of China Tower, valuing up to 51 billion US dollars (about 39.7 billion US dollars). Hong Kong dollars).

Goldman Sachs, one of the co-sponsors, said that according to the EV forecast / EBITDA of 7.7x to 9x of China Tower in 2019, the value of China Tower will be between 41 billion and 51 billion US dollars (about 319.8 billion to 39.7 billion). ).

Goldman Sachs also pointed out that the company's share of market income has reached 97%, coupled with the government and financial support, it is expected that its revenue will continue.

The China Tower began to evaluate the demand for IPOs in Hong Kong. The Reuters IFR quoted familiar people as saying that the company raised funds ranging from $ 8 billion to $ 10 billion (about $ 62.4 billion to $ 78 billion from Hong Kong) and is expected to to win the title of "Funding King" this year.

For more information on IPO and fundraising data badysis, please visit the new Hong Kong Stocks 360 IPO page.

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