HKT launches AI horse racing and metaphysics data large model on Now TV APP

HKT launched the horse racing AI and metaphysics data large model "AI Shen Shu" developed by its AI team, which is now available for free trial on the Now TV APP, aiming to combine traditional metaphysics with AI technology to provide horse racing information. The model uses a private AI large model and retrieval-augmented generation architecture to ensure data accuracy. In addition, HKT has partnered with nine mobile network operators to launch the "Golden Roaming" service and enhance 5G network coverage and transmission speed during the National Games. It also collaborated with Lingban Technology to launch AI and AR smart glasses that support Cantonese

The Communications Office completed the auction of the 2.5/2.6 GHz frequency band radio spectrum, involving a total investment of 202 million yuan

The Communications Office has completed the 2.5/2.6 GHz frequency band radio spectrum auction, involving a total of 202 million yuan after 3 rounds of bidding. China Mobile, SMARTONE TELE, and Genius Brand Limited, a joint venture of HKT and Hutchison Telecom, obtained different frequency bands, with a total spectrum usage fee of 202 million yuan. Successful bidders can utilize the spectrum to provide mobile communication services and support the future development of 6G technology

UBS: The impact on profits will be limited if HKT-SS's U.S. business license is revoked

UBS released a research report stating that regarding the Federal Communications Commission (FCC) of the United States' proposal to revoke the telecommunications service license of HKT-SS's subsidiary in the U.S., UBS believes that the potential ban will have a limited impact on the company's profitability, as the company's exposure to the U.S. market is very small; the U.S. market accounts for less than 1% of the company's total revenue, and the profit margin of this business is relatively low. The firm believes that in the face of increasing regulatory uncertainty, a forecasted dividend yield of approximately 7.6% for 2026 is attractive and can support the stock price. The firm currently gives HKT a "Buy" rating with a target price of HKD 13.4

HKT stated that it is "carefully reviewing" the relevant orders from the Federal Communications Commission and will respond appropriately to the relevant authorities

Morgan Stanley: If HKT-SS's subsidiary is revoked of its operating qualifications in the United States, the impact on fundamentals is expected to be manageable

Morgan Stanley released a research report stating that the Federal Communications Commission (FCC) plans to revoke the operating qualifications of HKT International, a wholly-owned subsidiary of HKT-SS, in the United States, due to HKT's connections with China Unicom Americas. Morgan Stanley believes that if the revocation process takes effect, the impact on HKT's fundamentals should be manageable, as its international business revenue (excluding Greater China) accounted for less than 7% of total revenue in 2024, with the U.S. market representing only about 1%, and the profit margin of international business is generally lower than that of local business. However, due to the uncertainty of the situation, negative market sentiment may continue to fester. The firm currently sets a target price of HKD 13 for HKT and maintains an "Overweight" rating