Goldman Sachs: Increases target price for China Mobile (00941), China Telecom (00728), and China United Network Communications (00762), remains bullish on them in the second half of the year.
Goldman Sachs released a report stating that their view on the three major Chinese telecommunications stocks in the second half of the year remains positive, and believes that the related shares conform to the long-term value evaluation based on the dividend discount model.
HK stocks fluctuate | China Tower (00788) rose more than 4% to a new three-year high, the end of the depreciation period is expected to provide space for dividend growth.
China Tower (00788) rose more than 4% in the afternoon, reaching a high of HKD 0.99, the highest since September 21 years ago. As of the publication, it rose 2.11% to HKD 0.97, with a turnover of HKD 2.28.
[Brokerage Focus] CITIC Securities expects the technology sector to focus on investment in the artificial intelligence industry innovation in the second half of the year.
Jingu Finance | Citic Securities stated that it is focused on AI innovation and technology going global. Looking ahead to the second half of 2024, the bank believes that the investment focus of the technology sector will be around the innovation of the artificial intelligence industry, and it is recommended to pay attention to the opportunities for the outflow of segmented sectors and the pace of recovery. In terms of AI, model iteration upgrades and the landing of applications will continue to drive investment in the technology industry. It is recommended to pay attention to the computing power industry chain, including infrastructure areas such as optical modules, servers, cloud computing, as well as domestically produced alternatives such as AI chips, semiconductor equipment, such as Semiconductor Manufacturing International Corporation (00981); under the empowerment of "AI+", industry applications and consumer electronics.
China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable
With a price-to-earnings (or "P/E") ratio of 15.1x China Tower Corporation Limited (HKG:788) may be sending very bearish signals at the moment, given that almost half of all companies in Hong Kong hav
CHINA TOWER To Go Ex-Dividend On May 23rd, 2024 With 0.0411 HKD Dividend Per Share
May 23rd - $CHINA TOWER(00788.HK)$ is trading ex-dividend on May 23rd, 2024. Shareholders of record on May 24th, 2024 will receive 0.0411 HKD dividend per share on June 28th, 2024. The ex-dividend
China Tower Corp Ltd's Dividend Analysis
China Tower Unveils New Board Structure
China Tower AGM Approves Dividends and Executives
China Tower Announces Final Dividend for 2023
China Tower (HKG:0788) announced a final dividend of 0.03739 yuan per share for the 12 months ended Dec. 31, 2023, according to a Monday filing on the Hong Kong bourse. The record date is May 30, and
China Tower (00788) will pay a final dividend of 0.03739 yuan per share on June 28
China Tower (00788) announced that the company will pay a final dividend per share on June 28, 2024...
China Tower (00788.HK) Annual General Meeting of Shareholders approved Chen Li as Executive Director
Gelonghui, May 20, 丨 China Tower (00788.HK) announced that the annual general meeting of shareholders has approved Mr. Chen Li as an executive director. The term of office will begin on May 20, 2024 until the end of the term of the third board of directors of the Company.
CHINA TOWER: Poll Results of Annual General Meeting, Payment of the Final Dividend and Appointments of Executive Director and Supervisor
Changes in Hong Kong stocks | China Tower (00788) rose more than 4% in the first quarter, profit growth was steady, and the depreciation period for Tower assets expires at the end of next year
China Tower (00788) rose more than 4%. As of press release, it had risen 4.26% to HK$0.98, with a turnover of HK$418 million.
Taiyong Long March (002927.SZ): The company's intelligent 1U small circuit breaker series products are widely used in China Tower's national 5G base station construction project
Gelonghui, May 10 | Taiyong Changzheng (002927.SZ) said at the company's performance briefing that the company's intelligent 1U small circuit breaker series products have been widely used in China Tower's national 5G base station construction projects, and the company continues to launch new smart products that create value for customers and contribute to 5G construction.
While Shareholders of China Tower (HKG:788) Are in the Red Over the Last Five Years, Underlying Earnings Have Actually Grown
Ideally, your overall portfolio should beat the market average. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term China
Changes in Hong Kong stocks | China Tower (00788) is now up more than 3%, profit growth in the first quarter is steady, and the end of the depreciation period is expected to boost dividends
China Tower (00788) is now up more than 3%. As of press release, it has risen 2.17% to HK$0.94, with a turnover of HK$165 million.
Analysts Are Bullish on Top Communication Services Stocks: China Tower (CHWRF), Alphabet Class A (GOOGL)
China Tower announced that Chen Li was appointed as the company's general manager
China Tower (00788) announced that Mr. Chen Li was appointed as the company's general manager. Mr. Chen's term as general manager of the company will take effect from April 23, 2024 until the end of the term of the third board of directors of the company. The board of directors recommended the appointment of Mr. Chen as the company's executive director, subject to approval by the company's shareholders. Its term of office takes effect from the date of approval by shareholders at the upcoming annual general meeting of shareholders of the company and ends on the date of the end of the term of the third board of directors of the company.
China Tower (00788.HK) appoints Chen Li as the company's general manager
Gelonghui, April 23 | China Tower (00788.HK) announced that Mr. Chen Li was appointed as the company's general manager. Mr. Chen's term as general manager of the company will take effect from April 23, 2024 until the end of the term of the third board of directors of the company. The board of directors further announced that the board of directors recommended the appointment of Mr. Chen as the company's executive director, subject to approval by the company's shareholders. Its term of office takes effect from the date of approval by shareholders at the upcoming annual general meeting of shareholders of the company and ends on the date the term of the third board of directors of the company ends.
[Broker Focus] Zheshang Securities maintains China Tower (00788) “buy” rating, indicating that its performance growth rate is expected to gradually recover
Jinwu Financial News | According to the Zheshang Securities Research Report, the overall performance of China Tower (00788) grew steadily, achieving revenue of 94.09 billion yuan in 2023, an increase of 2.0% year on year, and net interest rate increased 0.87 pp to 10.4% year on year. In the first quarter of 2024, the company achieved revenue of 23.974 billion yuan, an increase of 3.3% year on year, and net profit to mother of 2,784 billion yuan, an increase of 11.1% year on year. With the gradual implementation of the new commercial pricing agreement, the company's performance growth rate is expected to gradually recover. The bank expects the company's revenue in 2024-2026 to be 985, 1029,
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