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An update from CITIC Telecom International Holdings ( (HK:1883) ) is now available.
CITIC Telecom International Holdings Limited has announced an extension of its Concession Agreement with the Macau Government, allowing continued use of concession assets until September 2027. The agreement outlines conditions for asset usage by other operators and involves CTM in managing applications for asset use, indicating ongoing collaboration with Macau’s development. The company has resumed trading on the Hong Kong Stock Exchange following the announcement.
The most recent analyst rating on (HK:1883) stock is a Buy with a HK$3.10 price target. To see the full list of analyst forecasts on CITIC Telecom International Holdings stock, see the HK:1883 Stock Forecast page.
More about CITIC Telecom International Holdings
CITIC Telecom International Holdings Limited operates in the telecommunications industry, focusing on providing integrated telecommunications services. The company is known for its extensive network services and solutions, serving various markets including Macau and other regions.
Average Trading Volume: 5,610,354
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.44B
Learn more about 1883 stock on TipRanks’ Stock Analysis page.