China Telecom (728)
5.64 HKD +0.13 (+2.36%) Volume: 210.32M
China Telecom’s stock price sees a robust performance, trading at 5.64 HKD with a positive session change of +2.36% and a hefty trading volume of 210.32M. Enjoying a significant YTD increase of +15.81%, the telecom giant continues to impress investors as a promising asset in the stock market.
Latest developments on China Telecom
China Telecom (H) stock price experienced fluctuations today amidst a volatile market influenced by various key events. The Hang Seng Index (HSI) opened up by 231 points, with notable gains from BABA-W and a thriving performance by XIAOMI-W and SMIC. Additionally, the midday saw another upswing of 301 points led by BABA-W and MEITUAN-W, while DONGFENG GROUP experienced a significant 20% surge. However, amidst these market movements, China Telecom faced internal changes as Liang Baojun stepped down as President and COO. The day concluded with the HSI closing up by 388 points, driven by BABA and MEITUAN, while DONGFENG GROUP spiked by 26%.
A look at China Telecom Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Telecom (H) has received high scores in both value and dividend factors, indicating a strong financial position and a commitment to rewarding shareholders. With a growth score of 3, the company may see moderate expansion opportunities in the future. However, its resilience and momentum scores of 3 and 4 respectively suggest a mixed outlook in terms of withstanding market fluctuations and sustaining positive performance. Overall, China Telecom (H) seems to be a solid investment option with potential for steady growth and attractive returns for investors.
As a leading provider of wireline telephone, data, and internet services in China, China Telecom Corporation Limited is positioned well in the telecommunications industry. The company’s high scores in value and dividend factors highlight its stability and profitability, making it an appealing choice for investors seeking reliable returns. While the growth score suggests moderate expansion prospects, the resilience and momentum scores indicate a need for cautious optimism regarding the company’s long-term performance. In summary, China Telecom (H) presents itself as a strong player in the market with a promising outlook for the future.
Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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