Nov 18, 2021 08:28 AM (GMT+8) · EqualOcean
Financial Associated Press, November 18 - CICC research report pointed out that the valuation of the communication sector in 2021 is at an all-time low. By the end of October 2021, according to Shenwan industry classification, the communication sector index had decreased by 9.0% over the beginning of the year; The overall rolling P / E ratio of the A-share communication sector was 36.65x, lower than the ten-year average valuation level of 43.81x, at the historical quantile of 26.07%. Looking forward to 2022, we believe that new infrastructure represented by 5g, Internet of things, artificial intelligence and security, digital office, cloud computing and new energy is expected to become the main investment line and blossom in many aspects.

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