The Zhitong Finance App learned that Bank of China International released a research report stating that it maintained the “buy” rating of China Communications Services (00552.HK) and adjusted the target price to HK$4.55, based on a projected price-earnings ratio of 7.5 times for the 2027 fiscal year. The dividend payout ratio was raised from 40% in FY2022 to 43% in FY2025. Management aims to be no less than 46% in FY2028, further increasing the attractiveness of shareholder returns.

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