China Telecom (728)
5.42 HKD -0.11 (-1.99%) Volume: 163.6M
China Telecom’s stock price is currently trading at 5.42 HKD, experiencing a slight dip of -1.99% this trading session with a trading volume of 163.6M. Despite the recent slide, the telecommunications giant still boasts a positive YTD performance, with a percentage change of +11.29%.
Latest developments on China Telecom
China Telecom (H) stock price experienced fluctuations today following news that U.S. lawmakers have subpoenaed the company and other Chinese telecom giants over security concerns. This move comes amidst escalating tensions between the U.S. and China, with lawmakers expressing worries about potential national security risks posed by these companies. Investors are closely monitoring the situation as it unfolds, with uncertainty surrounding the future implications of these investigations on China Telecom (H) and its stock performance.
A look at China Telecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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 positioned favorably for the long term based on the Smartkarma Smart Scores. With top scores in Value and Dividend, the company demonstrates strong financial health and a commitment to rewarding shareholders. While Growth and Resilience scores are slightly lower, indicating room for improvement, the company’s Momentum score suggests positive market sentiment and potential for future growth.
Overall, China Telecom (H) appears to be a solid investment option with a strong focus on value and dividends. As a leading provider of telecommunications services in China, the company’s strategic positioning and consistent performance in key areas bode well for its future prospects. Investors may find China Telecom (H) to be a reliable choice for long-term growth and stability in the telecommunications sector.
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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