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China Tower Withdraws Governance Changes, Keeps EGM Schedule Intact

Story Highlights
  • China Tower withdrew special resolutions on governance changes, including scrapping its Supervisory Committee.
  • The EGM will proceed with only ordinary resolutions, while related class shareholder meetings are cancelled.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Tower Withdraws Governance Changes, Keeps EGM Schedule Intact

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

China Tower Corporation Limited has withdrawn several special resolutions that were due to be considered at its second extraordinary general meeting of 2025 and related class meetings on 23 December, including proposed amendments to its Articles of Association, the abolition of its Supervisory Committee and related changes to meeting and board procedural rules. The board said the withdrawal is intended to give shareholders more time to review the extensive proposals and address their concerns; as a result, the class meetings for H shareholders and domestic shareholders are cancelled, while the EGM will proceed on the same date and venue with only the remaining ordinary resolutions to be put to a vote, leaving the company’s existing governance framework and committee structure unchanged for now.

The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 telecommunications infrastructure company in China that builds, owns and operates tower and related assets to provide site and infrastructure sharing services to mobile network operators and other communications customers across the country.

YTD Price Performance: 10.42%

Average Trading Volume: 14,501,535

Technical Sentiment Signal: Buy

Current Market Cap: HK$194.6B

For a thorough assessment of 0788 stock, go to TipRanks’ Stock Analysis page.

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