China Tower’s Stock Price Soars to 1.03 HKD, Marking a Positive Change of +0.98%

China Tower (788)

1.03 HKD +0.01 (+0.98%) Volume: 586.64M

China Tower’s stock price is currently performing well at 1.03 HKD, with a positive trading session change of +0.98% and a significant year-to-date increase of +25.61%. With a high trading volume of 586.64M, China Tower (788) continues to show promising growth in the market, making it a stock to watch in 2021.

Latest developments on China Tower

China Tower (00788) stock price experienced fluctuations today due to a series of block trades. The day started with a bullish block trade of 2 million shares at $1.03, followed by a bearish trade of 3 million shares at $1.02. This was further impacted by another bearish trade of 1.9 million shares at $1.01. However, the stock saw some positive movement with a bullish trade of 1.7 million shares at $1.0 and a significant bullish trade of 6 million shares at the same price, resulting in a $6 million turnover. These trades contributed to the overall stock price movement of China Tower today.

A look at China Tower Smart Scores

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 telecommunication 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, ancillary facilities management, and other services, China Tower is poised for long-term success in the industry. Despite a lower score in Resilience, the company’s overall outlook remains positive, especially in terms of value and growth potential.

China Tower’s impressive scores in Value, Dividend, Growth, and Momentum reflect its solid position in the telecommunication market in China. As a provider of essential services throughout the country, the company’s strong performance in key areas bodes well for its future prospects. While there may be room for improvement in terms of resilience, China Tower’s overall outlook remains promising, making it a potentially lucrative investment opportunity for those looking to capitalize on the growth of the telecommunication industry in China.

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