Log in
E-mail
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

Three Chinese telecom companies to be delisted by NYSE

05/07/2021 | 05:57pm EDT
A sign of China Unicom is seen on a street, during the coronavirus disease (COVID-19) outbreak in Shanghai

(Reuters) - Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.

In separate announcements earlier on Friday, China Mobile Ltd; China Unicom and China Telecom Corp said they expect the NYSE to notify regulators of their delistings after the companies unsuccessfully appealed the move.

A NYSE spokesman declined to comment.

The delistings stem from investment restrictions put in place by former U.S. President Donald Trump targeting Chinese technology firms. President Joe Biden has left the rules in place amid continuing tensions between the world's two largest economies, despite objections from businesses.

The companies said their delistings will be effective 10 days after the exchange files a Form 25 to the U.S. Securities and Exchange Commission.

(Reporting by Ross Kerber in Boston; editing by Diane Craft)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CHINA MOBILE LIMITED 1.22% 49.6 End-of-day quote.12.22%
CHINA TELECOM CORPORATION LIMITED -2.52% 3.1 End-of-day quote.44.19%
CHINA UNICOM (HONG KONG) LIMITED 0.69% 4.35 End-of-day quote.-2.25%
All news about CHINA TELECOM CORPORATION LIMITED
08/02MARKET CHATTER : Ericsson Bags 3% of China Telecom, China Unicom's 5G Radio Cont..
MT
08/02MARKET CHATTER : Ericsson Wins 3% of Chinese 5G Contract in Surprise
MT
08/02MARKET CHATTER : Ericsson Secures 3% Share In China's 5G Radio Contracts
MT
08/02Ericsson wins 5G radio contracts in China - sources
RE
08/02Ericsson wins 3% share in china telecom and china unicom joint 5g project ten..
RE
07/30CHINA TELECOM : PRELIMINARY PRICE CONSULTATION PERIOD OF A SHARE OFFERING AND SU..
PU
07/30EMEA MORNING BRIEFING : Stocks Set to Fall After -2-
DJ
07/30China Telecom Corporation Limited signed an agreement to acquire 7.6% stake i..
CI
07/29NEWS HIGHLIGHTS : Top Company News of the Day
DJ
07/29CHINA TELECOM : Announcement in relation to approval of A share offering by the ..
PU
More news
Financials
Sales 2021 419 B 64 708 M 64 708 M
Net income 2021 23 861 M 3 688 M 3 688 M
Net Debt 2021 25 044 M 3 871 M 3 871 M
P/E ratio 2021 9,17x
Yield 2021 5,92%
Capitalization 209 B 32 256 M 32 261 M
EV / Sales 2021 0,56x
EV / Sales 2022 0,50x
Nbr of Employees 277 809
Free-Float 17,1%
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 2,58 CNY
Average target price 3,35 CNY
Spread / Average Target 30,0%
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