Market Movers

China Tower’s Stock Price Stands Firm at 0.93 HKD, Showcasing Stability with 0.00% Change

China Tower (788)

0.93 HKD +0.00 (+0.00%) Volume: 129.22M

China Tower’s stock price is currently at 0.93 HKD, showing a steady performance with a 0.00% change this trading session. The trading volume stands at a substantial 129.22M, reflecting active market participation. With a promising year-to-date (YTD) percentage change of +13.41%, China Tower (788) continues to demonstrate strong stock price growth.


Latest developments on China Tower

China Tower Corp Ltd has been making significant moves recently that have impacted its stock price. The company recently declared a year-end dividend for 2023, signaling strong financial performance and returning value to shareholders. In addition, China Tower unveiled a new board structure, possibly indicating strategic changes within the company. The approval of dividends and executives at the Annual General Meeting further solidifies the company’s commitment to growth and stability, which could potentially influence its stock price movements today.


A look at China Tower Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

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, indicating a positive long-term outlook. With top marks in Value and Dividend, investors can expect strong returns and stable dividend payments. Additionally, the company’s Growth score suggests potential for expansion and development in the future. However, its lower Resilience score may pose some challenges in navigating market fluctuations.

China Tower’s impressive scores in Value, Dividend, Growth, and Momentum highlight its promising prospects in the telecommunications sector. As a provider of telecommunication tower construction, maintenance, and ancillary services throughout China, the company is well-positioned for continued success. With a solid foundation in place, China Tower’s high scores across key factors bode well for its future performance and potential for growth in the industry.


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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