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The HSI slid 114 points or 0.6% to 20,689 at midday. The HSCEI dropped 41 points or 0.6% to 7,430. The HSTECH ebbed 11 points or 0.25% to 4,589. Total half-day turnover for the market amounted to $107.26 billion.Chip stocks rose against the market. SMIC(688981.SH) surged 15% at midday, while its H-share, SMIC (00981.HK), rallied...
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CHINA TOWER (00788.HK)’s 1-3Q24 revenue and net profit conformed with the broker's expectations, CICC released a research report as saying. China Tower's tower revenue grew steadily in 3Q24, and the Distributed Antenna System (DAS) Business continued to maintain a relatively rapid growth rate. In addition, China To...
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CHINA TOWER (00788.HK) saw a 2.2% YoY growth in its 3Q revenue to RMB24 billion, which was below Morgan Stanley's expectations, the broker released a report noting. However, the company's EBITDA margin rose by 1 ppt to 68.9% during the period, and its net profit increased by 12.6%, both exceeding expectations.The broker ...
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CHINA TOWER (00788.HK)'s 9M24 revenue/ net profit increased 3.3%/ 11% YoY each, equivalent to 2.2%/ 13% YoY growth in 3Q24, Nomura released a research report saying.In addition, Nomura slightly lowered its FY2024-FY2025 revenue forecasts for CHINA TOWER by 0.2-0.6%, while raising its FY2024-FY2026 earnings forecasts by 0.1-3...
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CHINA TOWER (00788.HK) announced the unaudited key performance indicators for the first three quarters of 2024. Operating revenue was RMB72.452 billion, up by 3.3% YoY. Net profit was RMB8.153 billion, up by 11% YoY. EBITDA was RMB49.717 billion, up by 3.4% YoY. ~AAStocks Financial NewsWeb Site: www.aastocks.com
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