Galaxy Securities of China: First assigns a "recommended" rating to China Tower (00788.HK) "One body, two wings" position leading, scale effect prominent.

Smart Finance APP learned that China Galaxy Securities released a research report, covering China Tower (00788.HK) for the first time, giving it a "buy" rating. The company's "one body, two wings" positioning is leading, with scale effects evident. The bank expects the company's net profit attributable to shareholders for 2025-2027 to be 11.629/16.097/17.435 billion yuan, corresponding to EPS of 0.66/0.91/0.99 yuan (taking into account the short-term significant thickening effect on net profit due to the depreciation completion of existing towers in 2026).