China Tower (788) Earnings: 9M Revenue Hits 72.45B Yuan Amidst Third Quarter Results

China Tower on Smartkarma

Analyst coverage on China Tower on Smartkarma by Brian Freitas reveals potential changes in the iShares China Large-Cap (FXI) ETF. In the research report titled “FXI Rebalance: China Tower (788 HK) Will Replace CICC (3908 HK),” it is highlighted that China Tower will replace CICC in the ETF on 20th September. The report indicates a shift in positioning and short interest, with more activity observed in CICC compared to China Tower.

In another report, “FXI Rebalance Preview: China Tower (788 HK) Could Replace CICC (3908 HK),” Brian Freitas suggests a high probability inclusion of China Tower and deletion of CICC in the upcoming ETF rebalance. The analysis notes changes in short interest and cumulative excess volume for both stocks, signaling a potential switch in the ETF components. This insightful coverage provides valuable insights for investors tracking the FXI ETF and the Chinese market.

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, shows a promising long-term outlook according to the Smartkarma Smart Scores. The company achieves high scores in value and dividend, indicating strong financial health and potential for good returns for investors. Additionally, with above-average scores in growth and momentum, China Tower demonstrates potential for expansion and positive market performance in the future. Despite a slightly lower resilience score, the overall outlook for China Tower appears favorable, with a composition of scores that point towards a robust and promising future in the telecommunication industry.

China Tower Corporation Limited stands out in the telecommunication sector with its focus on tower construction, maintenance, and ancillary facilities management across China. With top scores in value and dividend, investors can expect to benefit from the company’s solid financial position and attractive dividend payouts. The company’s commendable scores in growth and momentum further bolster its long-term prospects, indicating opportunities for sustained development and market momentum. While resilience scores slightly lower, the overall outlook for China Tower remains positive, highlighting its potential for ongoing success and growth within the telecommunications 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.
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