China Tower Corporation Limited (HKG:788) Stock Most Popular Amongst Private Companies Who Own 48%, While Public Companies Hold 21%
China Tower Corporation Limited (HKG:788) Stock Most Popular Amongst Private Companies Who Own 48%, While Public Companies Hold 21%
Key Insights
主要见解
- China Tower's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
- The top 3 shareholders own 69% of the company
- 12% of China Tower is held by Institutions
- 中国铁塔的重要私人公司所有权表明,主要决策受到更大的公众股东的影响
- 前3大股东拥有公司的69%
- 中国铁塔的12%由机构持有
If you want to know who really controls China Tower Corporation Limited (HKG:788), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 48% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).
如果你想了解中国铁塔有限公司(HKG:788)真正的控制者,那么你需要看看它的股份登记簿构成。在该公司中持有最多股份的公司集团,确切地说,约为48%,是私人公司。换句话说,该集团面临着最大的上行潜力(或下行风险)。
Meanwhile, public companies make up 21% of the company's shareholders.
同时,公共公司占公司股东的21%。
Let's take a closer look to see what the different types of shareholders can tell us about China Tower.
让我们更仔细地看看不同类型的股东对中国铁塔的告诉我们些什么。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240803/0-0134b6fecaa1198cb966b47850a16246-0-463c47ae685648f1edfc2a7ef817e65f.png/big)
What Does The Institutional Ownership Tell Us About China Tower?
机构所有权告诉我们有关中国铁塔的什么?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
机构通常在向自己的投资者报告时会针对一个基准进行衡量,因此一旦某只股票被纳入主要指数,他们通常会更加热衷于该股票。我们预计大多数公司都会有一些机构在登记簿上,尤其是那些正在增长的公司。
As you can see, institutional investors have a fair amount of stake in China Tower. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of China Tower, (below). Of course, keep in mind that there are other factors to consider, too.
正如您所看到的,机构投资者在中国铁塔公司中有相当多的股份。这表明专业投资者之间存在一定的信任。但我们不能仅仅依靠这个事实,因为机构有时会进行失败的投资,就像每个人一样。如果两个大型机构投资者同时试图出售股票,很容易看到股价大幅下跌的情况。因此,值得检查中国铁塔的过去盈利轨迹(如下所示)。当然,还要考虑其他因素。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240803/0-0134b6fecaa1198cb966b47850a16246-1-2d26cffdc0bbf01c9f3e9d6767afd45f.png/big)
Hedge funds don't have many shares in China Tower. China Mobile Communications Group Co., Ltd. is currently the company's largest shareholder with 28% of shares outstanding. The second and third largest shareholders are China United Network Communications Limited and China Telecom Group Co., Ltd., with an equal amount of shares to their name at 21%.
对于中国铁塔,对冲基金的持股不多。中国移动通信集团有限公司是目前公司的最大股东,拥有28%的流通股。第二和第三大股东是中国联合网络通信有限公司和中国电信集团有限公司,都持有相等的股份,占股21%。
To make our study more interesting, we found that the top 3 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
总的来说,包括散户投资者在内,公众拥有公司的14%的股份,因此不能轻易忽视。尽管这种所有权的规模可能不足以在他们的利益方面影响政策决策,但他们仍然可以对公司政策产生集体影响。
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
研究机构所有权是衡量和过滤股票预期性能的好方法。通过研究分析师的情绪,也可以实现同样的效果。很多分析师都在关注该股票,看看他们的预测值得不值得。
Insider Ownership Of China Tower
中国铁塔的内部股东
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
公司内部人员的定义可能是主观的,并且在不同的司法管辖区之间是不同的。我们的数据反映了个别内部人员,至少捕捉到了董事会成员。公司管理业务,但首席执行官即使是董事会成员也必须向董事会负责。
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
当内部人持股情况表明领导层思考和公司真正所有者一样时,内部所有权是积极的。然而,高达内部人士所有权也可能为公司内的小团体带来巨大的权力。在某些情况下,这可能是负面的。
We note our data does not show any board members holding shares, personally. We do not see this low level of ownership often, and it is possible our data is imperfect. But shareholders can click here to check if insiders have been selling stock.
我们注意到,我们的数据没有显示任何董事会成员持有股份。我们很少见到这种低股权比例,但我们的数据可能不完全准确。但股东们可以点击这里查看是否有内部人员出售股票。
General Public Ownership
一般大众所有权
The general public-- including retail investors -- own 19% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
一般公众(包括零售投资者)持有该公司19%的股份,因此不能轻易忽略。尽管这样的持股规模相当可观,但如果决策不与其他大股东一致,可能不足以改变公司政策。
Private Company Ownership
私有公司的所有权
We can see that Private Companies own 48%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
我们可以看到,私人公司持有发行股份的48%。如果关联方,如内部人员,在其中一家私人公司中有参与,那应该在年度报告中披露。私人公司也可能对该公司有战略利益。
Public Company Ownership
上市公司所有权
Public companies currently own 21% of China Tower stock. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
公共公司目前拥有中国铁塔股票的21%。很难确定,但这表明他们有纠缠在一起的商业利益。这可能是一种战略性的持股,因此值得留意所有权的变化。
Next Steps:
下一步:
It's always worth thinking about the different groups who own shares in a company. But to understand China Tower better, we need to consider many other factors. For instance, we've identified 1 warning sign for China Tower that you should be aware of.
总是值得考虑拥有公司股份的不同团体。但是,要更好地了解中国铁塔,我们需要考虑许多其他因素。例如,我们已经为中国铁塔确定了一个警告信号,您应该意识到这一点。
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
但最终,决定该业务所有者将获得多大利益的是未来而非过去。因此,我们认为最好查看此免费报告,以了解分析师是否预测更光明的未来。
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
注:本文中的数据是使用最后一个财务报表日期结束的为期12个月的数据计算的。这可能与全年年度报告数据不一致。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。