Why Did Jefferies Cut Targets on China Mobile and China Telecom?

What is one of the main challenges China Telecom is facing?

• Lack of skilled workforce

• Declining customer base

• Price competition

• Environmental regulations

How might Huawei's troubles affect the 5G rollout in China?

• By reducing the demand for 5G services

• By improving the quality of 5G equipment

• By increasing the cost of 5G services

• By delaying the rollout due to equipment supply issues

What is a reason for China's push to develop 5G technology?

• To increase internet censorship

• To eliminate foreign investment in telecom

• To develop a globally competitive supply chain

• To reduce the number of telecom companies

What has been the Chinese government's approach to mobile data pricing?

• Allowing market-driven pricing

• Encouraging price increases

• Subsidizing telecom companies

• Imposing price drops

What sector in Hong Kong is most exposed to local economic conditions?

• Retail and property

• Healthcare

• Technology

• Manufacturing