Why does a stock go down?

The current value of anticipated future profits is influenced by expectations for growth and market risk. If profit growth expectations fall or market risk rises, stock prices may drop.

Is it bad if stock goes down?

A falling stock price means the investor faces a loss, depending on how much the stock's value has declined since purchase. The lower the price drops, the more the investor's holdings lose value.

Is it possible to predict the market?

While absolute certainty isn't possible, investors use tools like technical analysis and chart reading to make informed guesses about market direction.

China Tower Corporation Limited

0788.HK•HKSE

Communication Services

Telecommunications Services

HK$11.58

HK$-0.04(-0.34%)

Why Is China Tower Corporation Limited (0788.HK) Stock Down Today?

Live update on 0788.HK's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

Day Change

0.34%

↓ 0.34%

Volume (Unusual)

10.29M

↓ 36.00%

Open / Previous Close

$11.58 / $11.62

Day Range (Low / High)

$11.44 - $11.66

Summary

China Tower Corporation Limited (0788.HK) is trading down -0.34% at $11.58, reflecting a negative shift in investor sentiment today. The stock opened at $11.58 and has moved between $11.44 and $11.66 so far.

Trading volume is 10288655, which is 36% below its average, and the price action suggests selling interest.

Technically, 0788.HK is trading above its 50-day moving average of $11.35 and above its 200-day moving average of $10.99, indicating short-term and long-term strength.

Meyka's AI assigns 0788.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +2.16% in 1 month ($11.83), +8.88% in 1 year ($12.61), and +120.35% in 5 years ($25.52).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

0788.HK Technical Signals

Trading over 50-day moving average ($11.35)

Trading over 200-day moving average ($10.99)

Analyst Recommendations data is not available for 0788.HKAnalyst Recommendations details for 0788.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$11.83

1 Year

$12.61

3 Years

$19.21

5 Years

$25.52

B+

Good76.00

Is this change significant?

5-Day:+0.96%

1-Month:-10.41%

3-Month:-3.67%

What's next?

Next earnings date: 7/30/2025