China Tower Corp Ltd (788)

China Tower Corp Ltd (788)


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China Tower Corp Ltd (788) Profile

China Tower Corp Ltd (788.xhkg) is a Chinese state-owned telecommunication company headquartered in Beijing, the People’s Republic of China. China Tower focuses on telecommunication tower construction and tower maintenance, ancillary facilities management, and other services, including distributed antenna systems (DAS), integrated solutions, trans-sector site application and information, energy, field supervision, operation and maintenance, assuring emergency communications and service hotline. The Chinese telecommunication company has approximately 23,300 employees, more than 3.361 million tenants, and site resources across 31 provinces, municipalities and autonomous regions in Mainland China. China Tower Corp Ltd (788.xhkg) is listed on the Hong Kong Stock Exchange (SEHK), a Hang Seng Index (HSI) constituent, has a ¥183,04B (CNY) market cap as of October 2021 and ¥82,46B (CNY) in 2020 yearly revenues. China Tower completed infrastructure of over 256,000 5G base stations, arriving at 250.69 million 5G subscribers. As of December 2020, China Tower Corp Ltd operated and managed 2.023 million tower sites.

China Tower Corp Ltd (788.xhkg): Trade a Contract for Difference (CFD) on 788.xhkg and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
04:00 - 07:00
08:00 - 11:00
Mon
04:00 - 07:00
08:00 - 11:00
Tue
04:00 - 07:00
08:00 - 11:00
Wed
04:00 - 07:00
08:00 - 11:00
Thu
04:00 - 07:00
08:00 - 11:00
Sun
Closed
Sat
Closed

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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