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China Communications Services ( (HK:0552) ) has provided an announcement.
China Communications Services Corporation Limited has secured overwhelming shareholder approval to grant its board a general mandate to repurchase H shares, following an extraordinary general meeting and separate class meetings for domestic and H shareholders held in Beijing on 22 January 2026. With high turnout across share classes and more than two-thirds of votes in favour at each meeting, the special resolution passed comfortably, reinforcing the board’s flexibility in managing the company’s capital structure and potentially supporting shareholder value and market confidence in its Hong Kong-listed H shares.
The most recent analyst rating on (HK:0552) stock is a Buy with a HK$5.50 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 mainland China-based provider of telecommunication support services, operating as a joint stock limited company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 552. The company primarily serves domestic and international telecom operators and related enterprises through engineering, construction, maintenance and other integrated support services across the communications industry.
Average Trading Volume: 7,396,115
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$31.79B
Learn more about 0552 stock on TipRanks’ Stock Analysis page.