PCCW sets new low of HK$2.4 before B2C strategy announcement

PCCW (0008) followed the declining trend of US stocks and once dipped to HK$2.4. 

The company is expected to announce the B2C business late this month including the restructuring plan of NOW and the future development trend. Many foreign banks are waiting for PCCW to release the B2C development strategy so to adjust its investment rating.

Related stock : (8)