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An update from China Tower ( (HK:0788) ) is now available.
China Tower Corporation Limited has announced revisions to its annual caps for several framework agreements due to anticipated increases in transaction volumes driven by business expansion. The company expects higher demands for value-added services, materials procurement, and non-telecommunications services, prompting adjustments to agreements with major telecom groups such as CMCC, CUC, and CTC. These revisions are expected to support the company’s growth and operational needs while maintaining existing terms and conditions.
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, focusing on providing infrastructure services primarily for telecommunications companies. The company is involved in the maintenance of telecom service providers’ equipment and offers value-added services to major telecom groups.
Average Trading Volume: 21,509,091
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$189.3B
Find detailed analytics on 0788 stock on TipRanks’ Stock Analysis page.