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China Tower Plans Board Meeting for Interim Results
China Tower (00788.HK) plans to hold a board of directors meeting on August 7th to approve its interim performance.
China Tower (00788.HK) announced on July 24 that the board of directors will hold a company board meeting on Wednesday, August 7, 2024 to approve the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, and consider distributing interim dividends (if any).
CHINA TOWER: Date of Board Meeting
JP Morgan: Latest Ratings and Target Prices for the Telecommunication Sector (Table)-China Mobile (00941) is the top choice.
Morgan Stanley expects that the revenue of Chinese telecommunication sector in the second quarter will be weak, but their profits will remain stable, while the revenue and profits of ZTE (00763) and China Tower (00788) may remain stable.
Investors Met With Slowing Returns on Capital At China Tower (HKG:788)
The Shenzhen Stock Exchange IPO of Sairui Co., Ltd. was terminated. China Tower ranks first in the market in terms of comprehensive maintenance services for provincial and municipal quantities.
According to the Zhixin Finance APP, on July 11th, Sertong Communication Services Technology Co., Ltd. (referred to as Sertong shares) terminated their IPO on the Growth Enterprise Market of the Shenzhen Stock Exchange. Due to Sertong shares and their sponsor withdrawing their application for listing, according to Article 62 of the "Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (revised in 2024)", the Shenzhen Stock Exchange decided to terminate their listing review process. The prospectus shows that Sertong shares is a high-tech enterprise specializing in communication network technology services and intelligent operation and maintenance products, wireless network deep coverage products, and solutions. The company is committed to implementing a "service + product" dual-wheel drive strategy.
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