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The latest update is out from China Communications Services ( (HK:0552) ).
China Communications Services has called a first extraordinary general meeting for 22 January 2026 in Beijing, where shareholders will vote on granting the board a general mandate to repurchase up to 10% of the company’s issued H shares, excluding any treasury shares. The proposed repurchase authority, which would be effective until the 2025 annual general meeting or earlier revocation, is intended to give the board additional flexibility in managing the company’s capital structure and could potentially support the share price and enhance returns for investors, subject to approvals at the extraordinary general meeting and separate class meetings of domestic and H shareholders.
The most recent analyst rating on (HK:0552) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on China Communications Services stock, see the HK:0552 Stock Forecast page.
More about China Communications Services
China Communications Services Corporation Limited is a PRC-incorporated telecommunications infrastructure service provider listed in Hong Kong, primarily engaged in providing integrated services such as telecommunications network construction, operation support and related value-added services to telecom operators and other industry customers in China and overseas markets.
Average Trading Volume: 8,691,750
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.58B
Find detailed analytics on 0552 stock on TipRanks’ Stock Analysis page.