Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. China Telecom Corporation Limited
  6. News
  7. Summary
    728   CNE1000002V2

CHINA TELECOM CORPORATION LIMITED

(728)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China's Three Major Telcos to Keep Stock Listings on NYSE

01/05/2021 | 04:03am EDT

By Martin Mou

China's three largest telecommunications companies said Tuesday that their shares will continue to trade on the New York Stock Exchange.

China Mobile Ltd., China Unicom (Hong Kong) Ltd. and China Telecom Corp. said in separate statements that they have taken note of the New York Stock Exchange's decision to no longer seek their delistings.

In a statement released Monday night Eastern time, the Big Board said "it no longer intends to move forward with the delisting action" on the three companies.

The Hong Kong-listed shares of the three state-owned firms surged on the news. Shares of China Mobile, which numbers among the most valuable of China's listed state-owned enterprises, closed 5.1% higher Tuesday, while China Telecom and China Unicom gained 3.4% and 8.5%, respectively.

Write to Martin Mou at martin.mou@wsj.com

(END) Dow Jones Newswires

01-05-21 0402ET

Stocks mentioned in the article
ChangeLast1st jan.
CHINA MOBILE LIMITED 1.27% 47.75 End-of-day quote.8.03%
CHINA TELECOM CORPORATION LIMITED 0.77% 2.63 End-of-day quote.22.33%
CHINA UNICOM (HONG KONG) LIMITED 0.50% 3.99 End-of-day quote.-10.34%
All news about CHINA TELECOM CORPORATION LIMITED
09/23CHINA TELECOM : Hits Nearly 377 Million Mobile Subscribers in August
MT
09/23CHINA TELECOM : Announcement in relation to operating statistics for August 2021, dated Se..
PU
09/21CHINA TELECOM : Controlling Shareholder Seeking to Acquire $618 Million Shanghai Shares to..
MT
09/21CHINA TELECOM : Announcement in relation to the plan to increase shareholding by the contr..
PU
09/13CHINA TELECOM : Terminates ADS Program
MT
09/10CHINA TELECOM : Announcement in relation to termination of American Depositary Shares prog..
PU
09/06Ericsson CEO To Not Give Up On China Easily
MT
09/03Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on
RE
08/24China shares end higher as cenbank pledges more credit support
RE
08/23TRIGIANT : Unit Wins Bid to Supply China Telecom with Cables, Accessories; Shares Jump 5%
MT
More news
Analyst Recommendations on CHINA TELECOM CORPORATION LIMITED
More recommendations
Financials
Sales 2021 430 B 66 538 M 66 538 M
Net income 2021 25 498 M 3 946 M 3 946 M
Net Debt 2021 10 254 M 1 587 M 1 587 M
P/E ratio 2021 7,34x
Yield 2021 7,69%
Capitalization 383 B 59 248 M 59 219 M
EV / Sales 2021 0,91x
EV / Sales 2022 0,83x
Nbr of Employees 277 809
Free-Float 25,2%
Chart CHINA TELECOM CORPORATION LIMITED
Duration : Period :
China Telecom Corporation Limited Technical Analysis Chart | 728 | CNE1000002V2 | MarketScreener
Technical analysis trends CHINA TELECOM CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Last Close Price 2,18 CNY
Average target price 3,55 CNY
Spread / Average Target 62,5%
EPS Revisions
Managers and Directors
Rui Wen Ke Chairman & Chief Executive Officer
Zheng Mao Li President, COO & Executive Director
Min Zhu CFO, Secretary, Executive Director & Executive VP
Yi Xun Sui Chairman-Supervisory Board
Er Ming Xu Independent Non-Executive Director
Sector and Competitors