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CHINA TELECOM CORPORATION LIMITED

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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

NYSE Reverses Course Again, Will Delist Three Chinese Telecom Stocks

01/06/2021 | 10:38am EDT

By Alexander Osipovich

The New York Stock Exchange will move forward with delisting three Chinese telecommunications companies targeted by an executive order from President Trump, reversing course again after the NYSE said earlier this week that it wouldn't delist them.

The NYSE said Wednesday that trading of the U.S.-listed shares of China Mobile Ltd., China Telecom Corp. and China Unicom (Hong Kong) Ltd. would be suspended at 4 a.m. ET on Monday. Mr. Trump's order seeks to ban trading in securities of companies that the administration says have links to the Chinese military.

(More to Come)

(END) Dow Jones Newswires

01-06-21 1037ET

Stocks mentioned in the article
ChangeLast1st jan.
CHINA MOBILE LIMITED -1.95% 47.7 End-of-day quote.7.92%
CHINA TELECOM CORPORATION LIMITED -2.60% 2.62 End-of-day quote.21.86%
CHINA UNICOM (HONG KONG) LIMITED -0.98% 4.05 End-of-day quote.-8.99%
All news about CHINA TELECOM CORPORATION LIMITED
09/13CHINA TELECOM : Terminates ADS Program
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09/10CHINA TELECOM : Announcement in relation to termination of American Depositary S..
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09/06Ericsson CEO To Not Give Up On China Easily
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09/03Exclusive-Ericsson CEO to double down on China as 5G tussle rumbles on
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08/24China shares end higher as cenbank pledges more credit support
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08/23TRIGIANT : Unit Wins Bid to Supply China Telecom with Cables, Accessories; Share..
MT
08/23China Telecom jumps 34% on Shanghai debut, defying weak market
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08/20CHINA TELECOM : ARTICLES OF ASSOCIATION OF CHINA TELECOM CORPORATION LIMITED (Fo..
PU
08/20Half a trillion dollars wiped from China markets in a week as clampdowns shat..
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08/20HK, China stocks drop on deepening fears of Beijing's regulations
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More news
Analyst Recommendations on CHINA TELECOM CORPORATION LIMITED
More recommendations
Financials
Sales 2021 430 B 66 527 M 66 527 M
Net income 2021 25 498 M 3 949 M 3 949 M
Net Debt 2021 10 111 M 1 566 M 1 566 M
P/E ratio 2021 8,82x
Yield 2021 6,37%
Capitalization 459 B 59 007 M 71 132 M
EV / Sales 2021 1,09x
EV / Sales 2022 1,00x
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 2,62 CNY
Average target price 3,50 CNY
Spread / Average Target 33,6%
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