601728 China Telecom Corporation
- 6.00
- +0.03+0.50%
China Telecom Corporation News
Data reveal | What did Beishui buy in April? Bank of China sold over HK$10.5 billion and Tencent raised over HK$5.3 billion
Since July 2023, the southbound capital has maintained a net inflow for 10 consecutive months, with a cumulative net purchase of HK$408.792 billion during this period.
Express News | National Shield Quantum: The company cooperated with China Telecom Group to launch quantum secrets and related products
Express News | WiFi Master Key and China Telecom sign a new round of strategic cooperation
Express News | BYD Communications Signal Joins Hands with China Telecom to Create a New “Satellite+Vehicle” Scenario
Beishui is stepping up efforts to sweep Hong Kong stocks! Tencent is the most sought after, receiving net purchases of nearly HK$15 billion in the past two months
Mainland investors have increased their holdings of Hong Kong stocks for 19 consecutive trading days, setting a record for the longest continuous increase in history. In addition to the Chinese title and the concept of high dividends, TechNet stocks are gradually regaining financial popularity.
Research Report | Cathay Pacific Junan: Maintaining China Telecom's target price of HK$5 for H shares, I believe dividends will grow steadily in the next few years
Guotai Junan issued a report indicating that China Telecom's profit grew steadily in the first quarter and that high-quality development continued to advance. Considering the steady increase in profits and dividends, as well as the opportunities brought by the rapid development of the cloud business, maintaining a target price of HK$5 for H shares is equivalent to predicting a price-earnings ratio of 12.7 times this year, with a “buy” rating. According to the report, China Telecom's service revenue and net profit for the first quarter increased by 5% and 7.7%, respectively, year-on-year, in line with market expectations. Due to the steady growth of the main business and good control of operating expenses, the report believes that the company's net profit will continue to grow steadily in the next few years. The company plans to increase the dividend payout ratio within three years from 2024
Cathay Pacific Junan: Target price of HK$5 for a “buy” rating for China Telecom (00728)
Guotai Junan believes that the net profit of China Telecom (00728) will continue to grow steadily in the next few years.
Research and Development | CICC: Maintaining China Telecom's H-share “outperforming the industry” rating and maintaining earnings estimates for this year and next two years
Glonghui, April 25 | CICC released a report indicating that China Telecom's service revenue growth was steady; revenue and net profit for the first quarter increased by 3.8% and 7.7% year-on-year respectively, in line with this forecast. According to the report, it was observed that the company's service revenue grew strongly in the first quarter, rising 5% year-on-year. In addition to R&D expenses, the increase in costs and expenses was less than the increase in revenue, reflecting strict cost and expenditure control. The bank slightly lowered its revenue forecast for this year and next two years by 0.9% and 1.9%, respectively, and generally maintained its earnings estimates for this year and next. The bank maintained the “outperforming industry” rating for H shares, with a target price of HK$5.8.
CHINA TELECOM To Go Ex-Dividend On June 5th, 2024 With 0.09922 HKD Dividend Per Share
April 25th - $CHINA TELECOM(00728.HK)$ is trading ex-dividend on June 5th, 2024. Shareholders of record on June 6th, 2024 will receive 0.09922 HKD dividend per share on July 26th, 2024. The ex-div
China Telecom Logs Over 7% Profit Growth in Q1
China Telecom's (HKG:0728) attributable profit stood at roughly 8.59 billion yuan for the quarter through March 2024, marking a 7.7% increase over the year-ago period, according to a Tuesday filing wi
CHINA TELECOM(00728.HK):STEADY 1Q2024 EARNINGS GROWTH;HIGH QUALITY DEVELOPMENT IS IN PROGRESS
We maintain China Telecom's (the "Company") TP at HK$5.00 and the investment rat
China Telecom (00728.HK) will pay a 2023 final dividend of 0.09 yuan per share on July 26
China Telecom (00728.HK) announced that it will pay the 2023 final dividend of RMB 0.09 per share on July 26, 2024.
中國電信：2023年年報
Minsheng Securities released a research report on April 24 stating that it gave China Telecom (601728.SH) a recommended rating. The main reasons for the rating include: 1) the industrial digital business led to revenue growth, and 24Q1 company's profits i
Minsheng Securities released a research report on April 24 stating that it gave China Telecom (601728.SH) a recommended rating. The main reasons for the rating include: 1) the industrial digital business led to revenue growth, and 24Q1 company's profits increased steadily; 2) the 24Q1 company's mobile/5G/fixed network users grew steadily; 3) the company continues to deploy cloud network integration, and the cloud business is expected to continue to lead the public cloud market. (Mainichi Keizai Shimbun)
China Telecom's Q1 Profit Jumps Nearly 8%
China Telecom's (HKG:0728, SHA:601728) attributable profit rose 7.7% to 8.60 billion yuan from 7.98 billion yuan in the first quarter, according to a Tuesday filing with the Hong Kong bourse. Earnings
Bank Ratings｜Bank of China International: Reiterates China Telecom's “Buy” Rating and Industry Choice Outstanding First Quarter Results
Gelonghui, April 24 | Bank of China International released a report showing that China Telecom had outstanding performance in the first quarter, and the profit margin of industrial digitalization was close to traditional telecom business. Despite China Telecom's strong stock price performance since this year, the dividend rate based on a 72% dividend ratio still reached the attractive 6.4% level. The bank reiterated its “buy” rating and industry first choice, and the target price remained at HK$5.53. According to the bank, China Telecom's first-quarter profit increased by 7.7% year-on-year, and telecom service revenue also increased by 5% year-on-year. Although the industry's digital revenue grew at an annual rate of 10.6%, the highest among all business lines, and contributed 31% of the Group's service revenue, comprehensive EBITD
According to the report published by Citibank, China Telecom (00728.HK)'s first-quarter results were slightly better than expected service revenue, and total revenue rose 5% and 3.8% year-on-year, to 4.5% better than the Ministry of Industry and Informati
According to the report published by Citibank, China Telecom (00728.HK)'s first-quarter results were slightly better than expected service revenue, and total revenue rose 5% and 3.8% year-on-year, to 4.5% better than the Ministry of Industry and Information Technology data, respectively. The year-on-year growth rate of the industry was the fastest growing of the three largest mainland telecommunications companies, which also reflected the relative resilience of its cloud business, industrial digitalization (revenue increased 11% year-on-year in the first quarter), and traditional business performance. It is expected that both telecom and interbank service revenue will continue to improve, and telecom is expected to outperform its peers. Maintain the purchase rating and target price of HK$4.7 for industry-preferred H shares.
Express News | Citibank: China Telecom's first-quarter results slightly beat expectations and strong growth
Major Bank Ratings | UBS: Raising China Telecom's Target Price to HK$5.7 to Maintain “Buy” Rating
Glonghui, April 24 | UBS published a research report stating that China Telecom's performance in the first quarter of fiscal year 2024 was in line with expectations. Among them, service revenue growth has exceeded the industry level and is basically in line with the company's management's good growth guidelines throughout the year. Net profit also increased by 7.7% compared to last year, which is also in line with management's annual guidance of higher than revenue growth. As a result, the bank raised China Telecom's target price from HK$5.6 to HK$5.7, maintaining the “buy” rating. UBS quoted management forecasts that the company will maintain rapid growth in industrial digitization revenue for the full year of fiscal 2024. As for the decline in China Telecom's operating cash flow,
Damo: Target price of HK$5 for “increase in holdings” rating for China Telecom (00728)
China Telecom's year-on-year growth performance in EBITDA and net profit for the first quarter of this year was in line with expectations.
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