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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Hutchison Telecommunications Hong Kong Holdings Limited    215   KYG4672G1064

HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED

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UK to ban Huawei from 5G network

07/14/2020 | 05:47am EST
Huawei logo is pictured on the headquarters building in Reading

Prime Minister Boris Johnson's government will ban Huawei from Britain's 5G network by ordering telecoms companies to remove its equipment by 2027, Media Secretary Oliver Dowden said on Tuesday.

Operators will not be able to purchase 5G components from Huawei from the end of this year and were told to remove all existing Huawei gear made by the Chinese telecoms behemoth from the 5G network by 2027.

"The NCSC (National Cyber Security Centre) has now reported to ministers, that they have significantly changed their security assessment of Huawei's presence in the UK's 5g network," Dowden told the House of Commons after Johnson chaired a meeting of Britain's National Security Council (NSC).

(Reporting by Paul Sandle and Guy Faulconbridge; editing by Michael Holden)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BT GROUP PLC -1.68% 120.25 Delayed Quote.-36.45%
HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED -1.64% 1.2 End-of-day quote.-23.57%
TELEFONICA S.A. -3.79% 3.296 Delayed Quote.-44.98%
VODAFONE GROUP PLC -0.97% 121.98 Delayed Quote.-16.07%
All news about HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED
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08/25HUTCHISON TELECOMMUNICATIONS HONG KO : Ex-dividend day for interim dividend
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08/19LETTER AND REPLY FORM TO NEW REGISTE : Election of language and means of receipt..
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07/29HUTCHISON TELECOMMUNICATIONS HONG KO : Sustainability committee - terms of refer..
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07/28HUTCHISON TELECOMMUNICATIONS HONG KO : Unaudited results for the six months ende..
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07/15FACTBOX - UK TO BAN HUAWEI FROM 5G N : timescale, cost and laws
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07/15UK to purge Huawei from 5G by end of 2027, siding with Trump over China
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07/14UK to purge Huawei from 5G by end of 2027, siding with Trump over China
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07/14UK to purge Huawei from 5G by end of 2027, siding with Trump over China
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07/14UK to purge Huawei from 5G by end of 2027, siding with Trump over China
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More news
Financials
Sales 2020 4 786 M 617 M 617 M
Net income 2020 289 M 37,2 M 37,2 M
Net cash 2020 4 937 M 637 M 637 M
P/E ratio 2020 20,7x
Yield 2020 3,28%
Capitalization 5 783 M 746 M 746 M
EV / Sales 2020 0,18x
EV / Sales 2021 0,12x
Nbr of Employees 979
Free-Float 25,3%
Chart HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED
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Hutchison Telecommunications Hong Kong Holdings Limited Technical Analysis Chart | 215 | KYG4672G1064 | MarketScreener
Technical analysis trends HUTCHISON TELECOMMUNICATIONS HONG KONG HOLDINGS LIMITED
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 1,52 HKD
Last Close Price 1,20 HKD
Spread / Highest target 62,5%
Spread / Average Target 26,8%
Spread / Lowest Target 3,33%
EPS Revisions
Managers
NameTitle
Sing Fai Koo Chief Executive Officer & Executive Director
Kin Ning Fok Chairman
Yuen Chun Tan Chief Operating Officer
Wai Sin Cheng Chief Financial Officer
Yiu Man Chung Chief Technology Officer