---
title: "Bank of China Sticks to Its Buy Rating for China Tower (CHWRF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295914260.md"
description: "Bank of China maintained a Buy rating on China Tower (CHWRF) with an HK$11.64 price target, while shares closed at HK$9.32. Jefferies also issued a Buy rating, whereas CMB International Securities kept a Hold rating."
datetime: "2026-08-14T09:36:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295914260.md)
  - [en](https://longbridge.com/en/news/295914260.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295914260.md)
---

# Bank of China Sticks to Its Buy Rating for China Tower (CHWRF)

Bank of China analyst maintained a Buy rating on China Tower on August 12 and set a price target of HK$11.64. The company’s shares closed yesterday at HK$9.32.

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In addition to Bank of China, China Tower also received a Buy from Jefferies’s Edison Lee in a report issued yesterday. However, on the same day, CMB International Securities maintained a Hold rating on China Tower (Other OTC: CHWRF).

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