Market Movers

China Tower’s Stock Price Soars to 0.93 HKD, Witnessing a Positive Surge of +1.09%

China Tower (788)

0.93 HKD +0.01 (+1.09%) Volume: 235.56M

China Tower’s stock price stands at 0.93 HKD, experiencing a positive shift of +1.09% in the latest trading session with a substantial trading volume of 235.56M, underlining an impressive YTD performance, soaring by +13.41%. Invest in China Tower (788) for robust returns.


Latest developments on China Tower

China Tower Co. Limited (OTCMKTS:CHWRF) is experiencing significant stock price movements today, following a bullish block trade of 2.5M shares at $0.92, contributing to a $2.3M turnover. This comes shortly after the company’s notable recognition at the ArchDaily China Building of the Year 2024 Awards, further bolstering investor confidence in the firm’s potential growth.


A look at China Tower Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE4.0

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 Tower Corporation Limited is a telecommunication company that operates in China. The company is responsible for constructing and maintaining telecommunication towers, as well as managing ancillary facilities. With a strong focus on value and dividends, China Tower has received top scores of 5 for both categories. This indicates a positive long-term outlook for the company, as it is well-positioned to provide value to its shareholders and potentially offer attractive dividends.

Furthermore, China Tower has received a score of 4 for growth and momentum, indicating a promising future for the company. This suggests that China Tower is expected to experience growth in its operations and maintain a strong momentum in the market. However, the company received a score of 2 for resilience, suggesting that it may face some challenges in the future. Overall, with its impressive scores in key areas, China Tower appears to have a bright future ahead in the telecommunication industry in China.


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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