|Bid||1.710 x 0|
|Ask||1.720 x 0|
|Day's Range||1.650 - 1.770|
|52 Week Range||0.990 - 2.330|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.12%)|
|1y Target Est||1.53|
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of China Tower...
The world's biggest brewer, Anheuser-Busch InBev, filed plans on Friday to spin off its Asian business via a Hong Kong initial public offering, in a deal which two sources with knowledge of the matter said could be worth at least $5 billion. The brewer said the IPO of Budweiser Brewing Company APAC Ltd would involve a minority stake and that it would continue to maintain a significant holding in the listed entity. No details of pricing, timing or deal size were given in the filing.
* Hang Seng index up 0.83 pct HSCE rises 0.13 pct HSI financial sub-index 1.3 pct higher; property up 0.9 pct HONG KONG, May 2 (Reuters) - Hong Kong stocks closed firmer on Thursday as investors cheered ...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we'll look at China Tower Corporation Limited (HKG:788) and reflect on its potential as an investment. Specifically, we...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return OnRead More...
HONG KONG, Feb 27 (Reuters) - Hong Kong's stock exchange operator said on Wednesday its 2018 net profit surged 26 percent to a record high, just shy of market expectations, boosted by fees from a number ...
Jan 25 (Reuters) - Ta Yang Group Holdings Ltd: * UNIT TO SELL PROPERTY AT A CONSIDERATION OF RMB42 MILLION TO CHINA TOWER CORPORATION * EXPECTS A GAIN OF ABOUT RMB12 MILLION FROM DISPOSAL FOR YEAR ENDING ...
* PREVIOUS TRADING SESSION MOVES: * SSEC -0.4 pct, CSI300 -0.6 pct, HSI -0.5 pct * HK- Shanghai Connect daily quota used 3.3 pct, Shanghai- HK daily quota used 3.1 pct * HK- Shenzhen Connect daily ...
A flurry of initial public offerings (IPOs) in Hong Kong propelled the financial centre to first place for IPO volumes globally, but next year is unlikely to see as many big-ticket listings. Companies raised a total of $36.3 billion in Hong Kong listings this year, well ahead of New York Stock Exchange's $28.9 billion, and a 174 percent increase on year-on-year, according to Refinitiv data. Hong Kong hosted three of Asia's top five IPOs - smartphone maker Xiaomi's $5.4 billion float, mobile telecommunications tower operator China Tower's $7.5 billion IPO and online food delivery-to-ticketing services firm Meituan Dianping's $4.9 billion listing.
Does the December share price for China Tower Corporation Limited (HKG:788) reflect it's really worth? Today, I will calculate the stock's intrinsic value by taking the foreast future cash flows Read More...
Telecom giant China Unicom said net profit in the first three quarters of the year will be around 8.78 billion yuan ($1.27 billion), up 116.6 percent from a year earlier, as mixed-ownership reforms boosted growth. China Unicom said in a filing on Sunday that net profit during the period was boosted by a 1.5 billion yuan gain arising from the change in its shareholding in China Tower after its IPO earlier this year. For the nine months to the end of September, China Unicom expects overall service revenue to grow 6.5 percent to 200 billion yuan, mobile service revenue to rise 7.2 percent to 125.4 billion yuan, and fixed-line service revenue to increase 5.2 percent to 73.2 billion yuan.
The number of companies filing to go public in Hong Kong has jumped almost threefold this year, driven in part by China's burgeoning technology sector, but they will have to contend with weaker markets which could hurt deals. Hong Kong is on track for a bumper year of initial public offerings (IPOs), spurred by a market rally late last year and listing reforms designed to attract high-growth technology and biotechnology companies.
Haidilao's shares gave up their sharp initial gains on debut in Hong Kong on Wednesday, raising questions about the Chinese hotpot chain's $12 billion valuation and about the outlook for IPOs in the financial hub. It is the second major Hong Kong listing in a week to lose steam after a strong start. Haidilao climbed as much as 10.3 percent early on Wednesday to HK$19.64 compared with its IPO price of HK$17.80.
Meituan Dianping rose 5 percent on debut in Hong Kong on Thursday, valuing the Chinese online food delivery-to-ticketing services firm at about $55 billion and sending a positive signal to companies lining up to list in the financial hub. The stock's performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and multi-billion dollar initial public offerings (IPOs) that have struggled to rise above their issue price, such as smartphone maker Xiaomi and China Tower.
* PREVIOUS TRADING SESSION MOVES: * SSEC -1.2 pct, CSI300 -1.5 pct, HSI -1.3 pct * Shanghai- HK daily quota used 1.8 pct * Shenzhen- HK daily quota used 0.7 pct * CNY official close 6.8557 per dollar ...
I am writing today to help inform people who are new to the stock market and want to learn about the link between company’s fundamentals and stock market performance. ChinaRead More...
HONG KONG, Aug 16 (Reuters/IFR) - China's leading online parenting firm Babytree Group, backed by e-commerce giant Alibaba Group, plans to raise up to $1 billion in a Hong Kong initial public offering (IPO) in October, people close to the transaction told Reuters. Babytree, which also counts conglomerate Fosun International among its backers, is looking to raise $800 million to $1 billion from the float, the people said on condition of anonymity as the plans have not been made public.
China Tower Corp Ltd's shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment towards the world's biggest initial public offering (IPO) in two years. Coming after a string of weak IPO debuts in Hong Kong, China Tower's performance could influence upcoming listings such as Sinochem Energy. Shares of China Tower, the world's largest mobile telecommunications tower operator, edged only as high as HK$1.29 before ending unchanged from their IPO price at HK$1.26.
Hong Kong's stock exchange operator posted a rise in first-half net profit to an all-time high, thanks to record revenues from both trading and new listings. Hong Kong Exchanges and Clearing (HKEX) said net profit for the six months to the end of June rose 44 percent to HK$5.04 billion compared to HK$3.49 billion ($444.62 million) for the same period a year earlier.