China Tower (788)
0.92 HKD -0.01 (-1.08%) Volume: 126.25M
China Tower’s stock price is currently valued at 0.92 HKD, experiencing a decrease of -1.08% this trading session with a substantial trading volume of 126.25M, yet showcasing a promising YTD increase of +13.41%, reflecting its dynamic performance in the stock market.
Latest developments on China Tower
After a string of lackluster IPO debuts in Hong Kong, all eyes are now on China Tower as it prepares for its highly anticipated stock market debut. The bullish block trade of 2.1 million shares of CHINA TOWER (00788) at $0.95 has generated a turnover of $1.995 million, indicating strong investor interest in the telecommunications tower company. This positive movement in the stock price suggests that investors are optimistic about China Tower’s potential growth and long-term prospects in the market.
A look at China Tower Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 Tower Corporation Limited, a telecommunications company operating in China, has received high scores in value, dividend, growth, and momentum according to Smartkarma Smart Scores. With a strong focus on providing telecommunication towers construction, maintenance, and ancillary facilities management services, China Tower is positioned well for long-term success. Despite a lower score in resilience, the company’s overall outlook remains positive based on its high scores in key factors.
Investors looking at China Tower can take comfort in its top scores in value, dividend, growth, and momentum. The company’s wide range of services across China solidifies its position in the telecommunications market. While resilience may be an area for improvement, the strong performance in other factors indicates a promising future for China Tower. Overall, the company’s Smartkarma Smart Scores suggest a favorable long-term outlook for investors seeking opportunities 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
