[ET Net News Agency, 22 October 2024] UBS raised the target price for China Tower
(00788) to HKD1.15 from HKD1.05 and maintained the "neutral" rating.
The research house said it lowers 2025-26e net profit by 3-9% to reflect lower
depreciation saving assumptions, as CTC has been replacing tower ancillary equipment over
recent years, ahead of Oct-2025 when towers acquired in 2015 would be fully depreciated.
(rc)
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Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
00788 CHINA TOWER
Nominal 
1.050 0.000 (0.000%) Others
22/10/2024 15:34
{I-bank focus}UBS raises China Tower (00788) to HKD1.15
Next︰21/10/2024 15:37 {I-bank focus}Nomura raises China Tower (00788) to HKD1.25
07/10/2024 08:45 Summary of listed companies announcements (2)
16/09/2024 08:45 Summary of listed companies announcements (4)
02/09/2024 09:06 {Block Trade}Pre-opening block trades at 9:05am (1)
28/08/2024 08:45 Summary of listed companies announcements (4)
26/08/2024 08:45 Summary of listed companies announcements (5)
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