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China Tower Proposes Governance Amendments Following Regulatory Changes

Story Highlights
  • China Tower plans to amend its Articles of Association and abolish its Supervisory Committee.
  • The changes aim to align with new PRC laws and streamline governance by shifting functions to the audit committee.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Tower Proposes Governance Amendments Following Regulatory Changes

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The latest announcement is out from China Tower ( (HK:0788) ).

China Tower Corporation Limited has announced proposed amendments to its Articles of Association and the abolishment of its Supervisory Committee, in response to recent changes in the PRC Company Law and other regulatory updates. These changes, which are subject to shareholder approval, aim to align the company’s governance structure with new legal requirements and streamline its operations by transferring the Supervisory Committee’s functions to the audit committee under the Board. The proposed amendments will be considered at an extraordinary general meeting and class meetings scheduled for December 2025.

The most recent analyst rating on (HK:0788) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on China Tower stock, see the HK:0788 Stock Forecast page.

More about China Tower

China Tower Corporation Limited is a joint stock company incorporated in the People’s Republic of China, primarily operating in the telecommunications infrastructure industry. The company focuses on providing tower infrastructure services, which are essential for mobile network operators to deploy their networks efficiently.

Average Trading Volume: 17,769,859

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$190.5B

Learn more about 0788 stock on TipRanks’ Stock Analysis page.

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