China Telecom (728)
4.36 HKD +0.02 (+0.46%) Volume: 162.55M
China Telecom’s stock price stands strong at 4.36 HKD, showcasing a positive trading session with a 0.46% increase and an impressive trading volume of 162.55M. With a year-to-date percentage change of +17.11%, China Telecom (728) continues to display robust stock market performance.
Latest developments on China Telecom
[“China Telecom (H) announced a major investment in 5G infrastructure”, “China Telecom (H) reported strong quarterly earnings”, “China Telecom (H) expanded its operations into new markets”, “China Telecom (H) won a significant government contract”]China Telecom (H) has seen notable stock price movements today, following a series of key events. These include a significant investment in 5G infrastructure, strong quarterly earnings reports, expansion into new markets, and a substantial government contract win. These developments collectively signal a positive growth trajectory for the company, influencing investor sentiment and stock market activity.
China Telecom on Smartkarma
Analysts on Smartkarma, including Travis Lundy, have provided bullish insights on China Telecom (H). In a recent report titled “HK Connect SOUTHBOUND Flows (To 1 Mar 2024); Continued Big Buys of SOEs (Getting Boring to Say This)”, Lundy highlighted the positive SOUTHBOUND flows and the continued buying of state-owned enterprises (SOEs) like China Telecom. Lundy expects the net flows to continue, especially with the upcoming ex-dates for high-dividend SOEs in the oil and telecom sectors. Despite fluctuations in stock indices, the report indicates strong buying interest in China Telecom and other high-dividend SOEs.
A look at China Telecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Telecom (H) is poised for a bright future according to Smartkarma Smart Scores. With top marks in Value, Dividend, Growth, and Momentum, the company is showing strength across key factors. This indicates a positive long-term outlook for the telecommunications giant.
Despite a slightly lower score in Resilience, China Telecom (H) remains a solid investment option with its strong performance in other areas. As a leading provider of wireline telephone, data, and Internet services in China, the company is well-positioned to capitalize on the growing demand for telecommunications services in the region.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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