CHA - China Telecom Corporation Limited

NYSE - NYSE Delayed Price. Currency in USD
46.04
+0.36 (+0.79%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close45.68
Open45.93
Bid46.03 x 2200
Ask52.86 x 900
Day's Range45.93 - 46.24
52 Week Range42.34 - 57.09
Volume44,912
Avg. Volume39,593
Market Cap36.886B
Beta (3Y Monthly)0.50
PE Ratio (TTM)13.15
EPS (TTM)3.50
Earnings DateDec 20, 2016 - Dec 28, 2016
Forward Dividend & Yield1.60 (3.52%)
Ex-Dividend Date2019-05-31
1y Target Est63.64
Trade prices are not sourced from all markets
  • Why Did Jefferies Cut Targets on China Mobile and China Telecom?
    Bloomberg

    Why Did Jefferies Cut Targets on China Mobile and China Telecom?

    Aug.21 -- Edison Lee, analyst and head of telecom research at Jefferies in Hong Kong, talks about Chinese technology stocks, and the trade war between the U.S. and China. He speaks with Bloomberg's Shery Ahn and Paul Allen "Bloomberg Daybreak: Asia."

  • 6 Guru Stocks That Could Grow Fast
    GuruFocus.com

    6 Guru Stocks That Could Grow Fast

    Baidu is expecting to boost its earnings Continue reading...

  • Do Hedge Funds Love China Telecom Corporation Limited  (CHA)?
    Insider Monkey

    Do Hedge Funds Love China Telecom Corporation Limited (CHA)?

    Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]

  • Benzinga

    11 Chinese Stock Plays On Trade War Weakness

    U.S.-listed Chinese stocks have taken a beating in the past six months, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI ) down 11.8% overall in that time. Fears over the negative economic impact ...

  • China Telecom Voted as "Most Honored Companies in Asia" by Institutional Investor for the Ninth Consecutive Year
    PR Newswire

    China Telecom Voted as "Most Honored Companies in Asia" by Institutional Investor for the Ninth Consecutive Year

    HONG KONG , Sept. 27, 2019 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the Company was voted ...

  • 5G Is for Show-offs, Bernstein Says
    Bloomberg

    5G Is for Show-offs, Bernstein Says

    (Bloomberg) -- With 5G, the latest, greatest wireless networks promise to revolutionize industries from transportation to medicine. But for mobile-phone users, 5G is a way to show off, said analysts at Sanford C. Bernstein.Handsets compatible with the superfast service are more expensive, but don’t offer practical benefits over the latest 4G models that already download at speeds well above that required to stream high-definition video, wrote analysts Chris Lane and Samuel Chen in a Friday note to clients.“We see no rational case for a consumer to upgrade to 5G,” wrote the analysts. “And yet they are.”South Korean carrier SK Telecom Co. reached one million 5G subscribers last month, 140 days after introducing the world’s first commercial service, representing about 3.5% of its user base. China will have about 170 million 5G smartphones available by next year, according to estimates by China Telecom Corp., which targets 60 million 5G users for its network.Carriers in the U.S., Australia and other markets have also introduced 5G services to limited areas, with plans for expanding coverage nationwide over the next few years.The latest 5G handsets do not “future proof” users because the technology isn’t fully matured and will continue to evolve, while a new 4G handset will still be a leading-edge device in two years, Lane and Chen wrote. Specifically, first-edition 5G phones can’t access millimeter wave bands that will be added in coming years to fulfill the technology’s high-speed, low-latency promise.At the same time, carmakers are looking to 5G’s speed for eventual use in guiding autonomous-driving vehicles, while surgeons are already performing remote procedures using the technology, which transmits data with virtually no lag time. Manufacturers intend to use 5G networks for automation, robotics and machine-learning systems.“Having the latest 5G smartphone, and equally importantly, showing it off might be its single most important benefit,” the analysts wrote. “Especially if you are one of the first. For a single millennial in search of a partner, it might even provide validation of them as a potential good catch.”\--With assistance from Ryan Lovdahl and Gao Yuan.To contact the reporter on this story: Dave McCombs in Tokyo at dmccombs@bloomberg.netTo contact the editors responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net, Ryan LovdahlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Senators want FCC to review Chinese telecom approvals to operate in U.S.
    Reuters

    Senators want FCC to review Chinese telecom approvals to operate in U.S.

    Two U.S. senators on Monday asked the FCC and national security agencies to review whether two Chinese state-owned telecom companies should be allowed to operate in the United States, at a time of heightened concern about possible Chinese spying. Senate Democratic Leader Charles Schumer and Senator Tom Cotton, a Republican, asked Federal Communications Commission chairman Ajit Pai to review approvals in the early 2000s that allow China Telecom and China Unicom to operate in the United States.

  • Reuters

    UPDATE 2-Senators want FCC to review Chinese telecom approvals to operate in U.S.

    Two U.S. senators on Monday asked the FCC and national security agencies to review whether two Chinese state-owned telecom companies should be allowed to operate in the United States, at a time of heightened concern about possible Chinese spying. Senate Democratic Leader Charles Schumer and Senator Tom Cotton, a Republican, asked Federal Communications Commission chairman Ajit Pai to review approvals in the early 2000s that allow China Telecom and China Unicom to operate in the United States.

  • Telecom Stock Roundup: Qualcomm Plans Low-Priced 5G Chips, CenturyLink's Deal & More
    Zacks

    Telecom Stock Roundup: Qualcomm Plans Low-Priced 5G Chips, CenturyLink's Deal & More

    While Qualcomm (QCOM) is planning to develop cheap 5G chipsets for the masses, CenturyLink (CTL) aims to strengthen its position in the content delivery network with the acquisition of Steamroot.

  • China Telecom Collaborates With China Unicom for 5G Network
    Zacks

    China Telecom Collaborates With China Unicom for 5G Network

    The "co-build, co-share" framework agreement between China Telecom (CHA) and China Unicom (CHU) is likely to foster a congenial environment for faster deployment of 5G networks through apportioned infrastructure investments.

  • China Telecom, Unicom will team up to build 5G network
    Reuters

    China Telecom, Unicom will team up to build 5G network

    China Telecom said last month it was ready to join rivals to build network for 5G, the fifth generation cellular network technology that promises to support new features such as autonomous driving. China is the world's biggest smartphone market and tie-ups between major operators there could lessen overall infrastructure spending, potentially affecting telecoms gear makers such as Huawei that are banking on the gradual rollout of 5G services. Countries like South Korea and the United States have already started 5G services, and China is rushing to join the race.

  • New Strong Sell Stocks for September 5th
    Zacks

    New Strong Sell Stocks for September 5th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

  • Telecom Stock Roundup: Sprint Boosts Video Analytics, AT&T's Content Deal & More
    Zacks

    Telecom Stock Roundup: Sprint Boosts Video Analytics, AT&T's Content Deal & More

    While Sprint (S) partners with Ericsson (ERIC) to offer improved video analytics solution, AT&T (T) collaborates with Starz for enriched video content for subscribers.

  • China Telecom to Launch Blockchain-Enabled 5G SIM Card
    Zacks

    China Telecom to Launch Blockchain-Enabled 5G SIM Card

    China Telecom (CHA) is aiming to capitalize on the wide proliferation of crypto currency and fast deployment of 5G technology across the globe.

  • China Telecom to develop blockchain smartphones
    Decrypt

    China Telecom to develop blockchain smartphones

    The state-run telecommunications giant said its 5G-era SIM cards will be blockchain ready, and will even allow devices to act as nodes.

  • New Strong Sell Stocks for August 26th
    Zacks

    New Strong Sell Stocks for August 26th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei
    Reuters

    China telcos weigh sharing 5G network to cut costs, potentially hurting Huawei

    China Telecom said on Thursday it is ready to build a 5G mobile network with its rivals in order to reduce costs, a proposal that is likely to cut multi-billion dollar equipment orders for vendors such as Huawei Technologies. China's big three state telcos are racing to roll out 5G services in more than 50 cities this year, following countries like South Korea and the United States which have already started the service that promises to support new technologies such as autonomous driving. While the gradual rollout of 5G services globally is a boon to telecoms gear makers, tie-ups by mobile operators in China, the world's biggest smartphone market, to build the network together threaten to cut the size of the overall 5G infrastructure spending.

  • China Telecom Honored with "The Best of Asia - Icon on Corporate Governance" and Awards in IR, CSR and Other Aspects
    PR Newswire

    China Telecom Honored with "The Best of Asia - Icon on Corporate Governance" and Awards in IR, CSR and Other Aspects

    HONG KONG , July 22, 2019 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) was awarded, for the 12 th time, " The Best ...

  • Motley Fool

    3 China Dividend Stocks With Exposure to the Growth of 5G

    Here are three China stocks that pay reliable dividends and that could benefit from the rollout of 5G.

  • Huawei-U.S. Clash Mars China's Biggest Mobile Forum
    Bloomberg

    Huawei-U.S. Clash Mars China's Biggest Mobile Forum

    (Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.The U.S. blacklisting of Huawei Technologies Co. and other top Chinese tech companies is making it trickier for some mobile industry professionals to get down to business.The June 26-28 Mobile World Congress Shanghai, China’s largest forum for the mobile industry, is scheduled to start amid almost daily salvos from the Trump administration aimed at Huawei and other technology companies in the world’s largest mobile phone market.The Trump administration’s blacklisting of Huawei has dominated global industry discussions in past months, as it threatens to upend supply chains and disrupt the global roll out of fifth-generation technology -- an infrastructure spending spree worth hundreds of billions of dollars. U.S.-Chinese tensions are escalating just as carriers around the world such as China Mobile Ltd. and China Telecom Corp. -- set as keynote speakers at MWC Shanghai -- choose equipment vendors for the 5G networks expected to support technologies from remote surgery to automated factories and driverless cars.“It’s quite a sensitive moment,’’ said William Chou, managing partner of Deloitte Private in Beijing, and a scheduled speaker at the conference’s key Global Device Summit session. He said it’s unlikely Huawei and ZTE will want to show off all their latest devices at MWC Shanghai given how the perception that they are ahead of global rivals has fueled tension.The focus will instead be on 5G applications and how the vastness of China’s market is likely to drive development, Chou said.“We really need to understand the market, putting aside the political agenda,” said Chou. “Business is still business, and particularly in this telco area -- telcos and device manufacturers -- they all need to work together.”The Shanghai event is modeled after a bigger annual industry show in Barcelona. This year’s gathering in Spain was also squarely focused on Huawei and China, a nod to the country’s rising global importance and to how the Washington-Beijing dispute is creasing the business environment.“The danger for international companies, especially American companies, is that they are ceding these opportunities to influence the marketplace to non-American companies, which can have knock-on consequences that could be far greater than some had anticipated,’’ said Jake Saunders, a vice president at ABI Research, and a scheduled speaker and moderator at the conference.A two-hour flight away in Osaka, Huawei is also likely to be on the agenda for a meeting between the presidents of China and the U.S. at the G-20 summit.Last week, President Donald Trump said he had a “very good telephone conversation” with President Xi Jinping and said talks will resume before the two meet at the June 28-29 summit. It’s not clear if Huawei was part of their call, but it’s an issue Trump himself has said could be on the table.Trump last year reversed a similar ban on Huawei rival ZTE at Xi’s request. Getting that kind of result now would be significant for Xi because the company is exponentially more important than ZTE, said Samm Sacks, cybersecurity policy and China digital economy fellow at New America.People familiar with the matter on Tuesday said China is considering adding U.S.-based delivery firm FedEx Corp. to its list of so-called unreliable entities. FedEx drew the ire of Chinese officials after Huawei said that documents it asked to be shipped from Japan to China were instead diverted to the U.S. without authorization.What Bloomberg Intelligence says:“China’s early, widespread 5G deployment would entitle it to the spoils of first-mover advantage, including an edge in setting global standards. An aggressive infrastructure and network build-out will be required for a swift rollout, fueling demand for telecom site resources and equipment.”--Denise Wong, BI Infrastructure analyst--Click here for the researchHuawei itself will be out in force at the Shanghai show, based on the lineup at the MWC website this week. Deputy Chairman Ken Hu is scheduled to deliver a keynote and the speaker’s list includes 17 names from the company, including Chaobin Yang, president of Huawei’s 5G product line; Kevin Ho, president of handsets, and Hua Liang, chairman of the Huawei board.As delegates and speakers head to Shanghai, Huawei is said to be preparing for smartphone shipments outside China to drop by between 40 million and 60 million this year. That outlook highlights the uncertainty gripping the company, a Chinese national champion accused by the U.S. of aiding Beijing in espionage -- something Huawei has repeatedly denied.Still, the Shanghai show is on track as planned to draw more than 60,000 attendees from over 110 countries and territories along with about 550 companies, GSMA, the industry group that produces the event, said in an email.Stockholm-based Ericsson AB, a key 5G equipment supplier, is scheduled to field 11 speakers at the event, including Chief Executive Officer Borje Ekholm and Chief Technology Officer Erik Ekudden. Nokia Oyj, another top gear manufacturer, has eight speakers listed on the program website.(Updates with possibility FedEx would be added to China’s list of unreliable entities in 11th paragraph. The date of the show was corrected in a previous version of this story.)To contact the reporter on this story: Dave McCombs in Tokyo at dmccombs@bloomberg.netTo contact the editors responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net, Edwin ChanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • New bipartisan bills threaten Chinese IPOs and Chinese companies listed in the U.S.
    Yahoo Finance

    New bipartisan bills threaten Chinese IPOs and Chinese companies listed in the U.S.

    Two bipartisan bills have been introduced over the last few months aimed at going after Chinese companies that don’t comply with auditing rules in the U.S.

  • Reuters

    China urges U.S. to respect market economy after China Mobile denied entry

    WASHINGTON/HONG KONG (Reuters) - China urged Washington on Friday to stop putting "unreasonable pressure" on Chinese companies after U.S. regulators voted to deny market access to China Mobile Ltd and suggested they could revoke approvals given to two other Chinese carriers. The Federal Communications Commission voted unanimously on Thursday to deny an eight-year long bid from China Mobile, the largest Chinese telecom carrier, to provide services in the United States, citing risks that the Chinese government could use the approval to conduct espionage against the U.S. government.

  • Reuters

    FCC votes to deny China Mobile bid to operate in U.S.

    The Federal Communications Commission voted unanimously on Thursday to deny China Mobile Ltd's bid to provide U.S. telecommunications services and said it was reviewing similar approvals held by two other Chinese telecom firms. China Mobile, which is owned by the Chinese government, sought approval in 2011 to provide interconnection services for phone calls between the United States and other countries. The approval would have given it enhanced access to U.S. telephone lines, fiber-optic cable, cellular networks and communications satellites.