CHA - China Telecom Corporation Limited

NYSE - NYSE Delayed Price. Currency in USD
40.37
-0.63 (-1.54%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close41.00
Open40.75
Bid40.45 x 1100
Ask45.00 x 800
Day's Range40.05 - 40.75
52 Week Range37.62 - 57.09
Volume110,656
Avg. Volume74,332
Market Cap32.804B
Beta (5Y Monthly)0.93
PE Ratio (TTM)11.53
EPS (TTM)3.50
Earnings DateDec 19, 2016 - Dec 27, 2016
Forward Dividend & Yield1.60 (3.96%)
Ex-Dividend DateMay 29, 2019
1y Target Est59.31
  • China Telecom Honored with "Platinum Award" for 11th Consecutive Year by The Asset
    PR Newswire

    China Telecom Honored with "Platinum Award" for 11th Consecutive Year by The Asset

    China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the Company was accredited with "Platinum Award - Excellence in Environmental, Social and Governance" in the poll of "ESG Corporate Awards 2019" by The Asset. The Company attained the award for the 11th consecutive year. In addition, the Company's "Cloudification in 5G" strategy was awarded "Highly Commended Initiative in Innovation".

  • 3 Dividend Stocks to Buy for China Bulls Heading into 2020
    InvestorPlace

    3 Dividend Stocks to Buy for China Bulls Heading into 2020

    Progress on the U.S.-China trade war has boosted Chinese stocks. Alibaba (NYSE:BABA) has broken out to a new all-time high, JD.com (NASDAQ:JD) has returned to mid-2018 levels and the iShares MSCI China ETF (NASDAQ:MCHI) has rallied nicely from August lows. All three are looking like great stocks to buy.For some investors, however, there's a catch: Few Chinese stocks pay a dividend. Income investors looking for stocks to invest in can get exposure to the region through a stock like Apple (NASDAQ:AAPL) or Starbucks (NASDAQ:SBUX). But, for those businesses -- as with many American companies -- China drives only a small portion of revenue and profits.Nonetheless, income investors looking for dividend stocks to buy to capitalize on the Chinese market do have some options. Unsurprisingly, these names do have risk. Yet, they have real rewards, too -- both in terms of dividends and the possibility of further appreciation if renewed optimism toward China persists.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Top-Tier Dividend Stocks for 2020 So, let's take a look at a few Chinese stocks to possibly get your hands on. 3 Dividend Stocks to Buy: Las Vegas Sands (LVS)Source: Andy Borysowski / Shutterstock.com Casino operator Las Vegas Sands (NYSE:LVS) offers potentially the best combination of income and exposure to the Chinese economy. LVS hiked its dividend around 2.6% in 2020 in its third-quarter report, and now yields nearly 4.5% at the current price. That increase was the company's eighth-consecutive annual raise.However, despite its U.S. domicile, Sands's results rely almost solely on Chinese demand at this point. Through the first nine months of 2019, nearly 60% of Adjusted Property EBITDA came from the company's operations in the Chinese enclave of Macau. Nearly another 35% comes from the Marina Bay Sands property in Singapore -- which too attracts Chinese gamblers.As noted before, there are risks. Sands' concession in Macau expires in 2022, and must be renewed. However, the odds of Sands failing to secure an extension are "remote," as credit analyst Fitch put it earlier this year. Also, the thawing of the trade war is a big positive on this front; there was the chance that LVS chairman Sheldon Adelson, a prominent supporter of President Donald Trump, could get his company drawn into the proverbial crossfire.But, as Fitch noted, it's also possible that authorities could raise the tax rate or require other adjustments. Any "hard landing" in China could send profits tumbling. And, the dividend payout ratio is nearing 100% -- meaning hikes going forward likely will be minimal.Still, there's a nice bull case here. Income investors should check out Wynn Resorts (NASDAQ:WYNN) as well, which raised its dividend 33% this year and yields 2.9%. PetroChina (PTR)Source: Gil C / Shutterstock.com PetroChina (NYSE:PTR) seems like the forgotten Chinese giant. It has the second-highest market capitalization among U.S.-listed companies based in China, behind only Alibaba. Yet, it receives a fraction of the coverage of other Chinese names.Additionally, there's an attractive combination of exposure to Chinese growth and dividend income. PTR shares are cheap, at barely 13x forward earnings, but -- like LVS -- there are risks.Unlike most U.S. companies, PTR's dividend is inconsistent in terms of its size and is only paid semi-annually. The yield based on 2019 distributions is over 4% and nearing 5%, but that may not be the case in 2020 -- particularly with earnings declining of late. PetroChina needs oil prices to hold up, as well. * 7 Vaping Stocks to Get into Ahead of the Crowd Income investors looking for consistency might look instead to names like BP (NYSE:BP) or Exxon Mobil (NYSE:XOM), the latter of which clearly has seen some support thanks to its dividend. Those looking to add growth or potential upside, however, might considering swapping out those established names for the higher-upside PTR. China Mobile (CHL)Source: testing / Shutterstock.com Shares of China Mobile (NYSE:CHL) already have bounced nearly 10% since hitting an 11-year low this month. They may rally further this week thanks to the so-called "Barron's bounce". That publication called out CHL stock as a cheap, yet dominant play this weekend -- and made a strong case in the process.After all, as Barron's pointed out, China Mobile has 10 times the customers of Verizon Communications (NYSE:VZ) or AT&T (NYSE:T). And, like those U.S. giants, it has a 5G catalyst on the way. Yet, by any measure, it trades at a substantial discount to its American counterparts.With a 4.5%-plus dividend yield, there's a nice income case here as well. And, if CHL stock does rise too sharply this week, investors can also look at smaller rival China Telecom (NYSE:CHA).Obviously, both Chinese telecommunications companies need their domestic economy to cooperate. But, if it does, the gains in both stocks in recent sessions could be the prelude to substantial upside in 2020.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Losers That Will Be 2020 Winners * 7 Safe Dividend Stocks for Investors to Buy Right Now * 5 Artificial Intelligence Stocks to Consider The post 3 Dividend Stocks to Buy for China Bulls Heading into 2020 appeared first on InvestorPlace.

  • Barrons.com

    China Mobile Dominates the World’s Biggest Market. Its Stock Is Cheap.

    A 5G rollout and more shareholder-friendly policies could make this underappreciated Chinese behemoth a winner

  • Hedge Funds Are Crazy About China Telecom Corporation Limited (CHA)
    Insider Monkey

    Hedge Funds Are Crazy About China Telecom Corporation Limited (CHA)

    Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]

  • Hedge Funds Love Delta Air Lines, Inc. (DAL) Way More Than These Stocks
    Insider Monkey

    Hedge Funds Love Delta Air Lines, Inc. (DAL) Way More Than These Stocks

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […]

  • China races U.S. pressure as it launches massive 5G mobile network
    MarketWatch

    China races U.S. pressure as it launches massive 5G mobile network

    China has begun offering cellphone customers superfast 5G service, a technological leap that comes despite U.S. attempts to contain Beijing’s largest telecom company. China Mobile Ltd. (CHL)(CHLKF)(HK:941) , China Telecom Corp. (CHA)(HK:728)and China Unicom Hong Kong Ltd. (CHU)(CHUFF)(HK:762)are offering plans starting around 128 yuan ($18) a month, going up to roughly $100, with speeds up to 100 times faster than existing 4G services, according to the companies’ promotional materials. Beijing already has some 10,000 operational 5G base stations, and over 100,000 are planned across the country, according to the Ministry of Industry and Information Technology.

  • China Offers 5G Discounts in Race to Scale Biggest Network
    Bloomberg

    China Offers 5G Discounts in Race to Scale Biggest Network

    (Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.China’s phone carriers offered discounts to subscribers after switching on the world’s largest 5G network Thursday, seeking to spur growth for an ultra-fast wireless system that’s key to technology supremacy. The country’s three wireless operators need to attract users to help pay for infrastructure they’ve spent more than $43 billion on in this year alone. While the technology is essential for developing industrial applications expected to drive a new digital economy, its faster speeds and lower lag times may be less compelling for consumers than previous upgrades.On the launch day of fifth-generation services in Beijing’s financial district, stores were quiet as carriers said they expect more users to sign up online.On the Twitter-like Weibo, “5G launching in 50 cities” and “5G package prices” were among the top-20 trending topics. But some Chinese consumers are balking at the high prices for handsets and service plans.“I don’t have money to buy a 5G phone, or to pay for a plan,” said Weibo user Yuanyao. “Too expensive. I can’t afford it,” said another named XBACK-No fear.Smartphone SupremacyWhile carriers look to lure more users to pay up for faster services, China’s handset makers also stand to benefit from fast uptake.Huawei Technologies Co., which also supplies the biggest slice of 5G network equipment, saw its smartphone market share jump to 42% in the third quarter, up from around 25% a year ago, according to research firm Canalys. It has already introduced several 5G models, as have Chinese brands including ZTE, Xiaomi and Vivo.Luring users to the world’s largest 5G networks may also help Chinese handset makers increase their global market share. Samsung Electronics Co. is the world’s top seller of smartphones, followed by Huawei. and Apple Inc.Huawei has already debuted models that work on the super-fast network in the U.K. and other markets in addition to China. On Wednesday, the Nikkei reported that Apple is telling suppliers that it expects to ship at least 80 million iPhones with 5G wireless modems next year.5G DealsAs of Thursday, China Mobile Ltd. was offering discounts of as much as 30% for users that pre-registered for 5G. Consumers buying 5G handsets from the carrier will get as much as 600 yuan ($85) off and gifts worth 699 yuan, the biggest operator by users said in a statement.China Unicom Hong Kong Ltd., the No. 3 carrier, and No. 2 China Telecom Corp. are also offering similar discounts to pre-registered users, along with other discounts and gifts via online lotteries and through their branches throughout the country.South Korea’s wireless carriers were the first to offer commercial 5G services, with SK Telecom Co. launching its network in April and Samsung already offering a 5G-enabled smartphone. Total 5G subscribers have surpassed 3 million in the country, although consumer reaction has been mixed.The faster network’s coverage was initially incomplete, leaving users to fall back on 4G more than some had expected, especially when using the service indoors.South Korean carriers SK Telecom Co., KT Corp. and LG Uplus Corp., have also sought to entice new users to adopt the technology, offering trade-ins and incentives that slash the price of new 5G phones to less than $200 from sticker prices of as much as $1,000. The subsidies have declined as the rollout expanded, said Kim Hee Sup, vice president at SK Telecom.“It’s true that the speed and coverage of 5G didn’t meet consumers’ expectations in early days,” said Kim Hee Sup, a vice president at South Korea’s largest carrier SK Telecom. “Now, the 5G service is rapidly improving as carriers are expanding the roll-out.”T-Mobile US Inc. earlier this week said it will flip on a nationwide 5G service by year end. Still, the carrier doesn’t offer yet offer a 5G compatible device yet and the service will be available only on one band of airwaves they are calling the “foundational layer,” with more layers of spectrum to come.The largest U.S. wireless carrier Verizon Communications Inc. launched 5G in April and has promised to have it available in parts of 30 cities this year. Rival AT&T Inc. has 5G in areas of 21 cities and plans to offer 5G nationwide by mid 2020. Sprint Inc., which has limited 5G available in nine cities, has promised a superior 5G network if its $26.5 billion merger with T-Mobile is approved.\--With assistance from Sohee Kim and Scott Moritz.To contact Bloomberg News staff for this story: Shirley Zhao in Hong Kong at xzhao306@bloomberg.net;Gao Yuan in Beijing at ygao199@bloomberg.netTo contact the editors responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net, Dave McCombs, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • China Rolls Out World’s Largest 5G Mobile Phone Network
    Bloomberg

    China Rolls Out World’s Largest 5G Mobile Phone Network

    (Bloomberg) -- China’s three state-owned wireless carriers debuted 5G mobile phone services Thursday, a milestone in the country’s push to become a technology power even as it remains locked in a trade war with the U.S.China Mobile Ltd., the country’s largest carrier, unveiled its network in 50 cities including Beijing, Shanghai and Shenzhen, with packages priced as low as 128 yuan ($18) a month. Rivals China Telecom Corp. and China Unicom Hong Kong Ltd. also introduced their services at comparable rates.The operators had planned to start the networks next year, but accelerated the rollout just as the U.S. dug in on a boycott of China-based 5G equipment supplier and technology giant Huawei Technologies Co. Operators in the U.S. have introduced 5G to parts of some cities, without using Huawei gear, and South Korea debuted its version in April, though China will quickly become the largest provider by virtue of its huge population and investment by the companies.“While some other countries launched 5G services earlier this year, China will have the largest commercial operating 5G network in the world on Friday,” Chris Lane and other analysts at Sanford C. Bernstein. wrote in a note to clients Wednesday. “The scale of its network and the price of its 5G services will have a pivotal impact throughout the supply chain.”How 5G Will Change China (Beyond Faster Video Games): QuickTakeLocal media had initially reported the carriers would make 5G available starting Friday. As of Thursday morning, all three were already offering access to the service.Subscribers in China -- more than 10 million have pre-registered for 5G -- will have access to faster videos and games, more virtual reality applications and improved performance for mobile videoconferencing.China Mobile’s 5G packages for the heaviest users are priced similar to 4G plans that go as high as 588 yuan a month.The largest cities including Beijing, Shanghai and Shenzhen will get full coverage first. The three operators have projected a combined capital spending of 302 billion yuan this year.Subsidies for Huawei Gear Would Be Banned Under FCC Proposal The scale of deploying 5G infrastructure across China is especially important for Huawei. Dominance in the world’s largest market can blunt the effects of a U.S. campaign against other countries installing Huawei gear, which it accuses of posing a security threat. Despite the U.S. pressure, Huawei said in July that it had signed more than 60 commercial contracts to supply 5G networks around the world, including at least 28 in Europe.(Updates with introductions Thursday in second paragraph)\--With assistance from Gao Yuan.To contact the reporter on this story: Shirley Zhao in Hong Kong at xzhao306@bloomberg.netTo contact the editors responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net, Dave McCombsFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • China Telecom profit falls on lower investment income
    MarketWatch

    China Telecom profit falls on lower investment income

    Net profit decreased to 18.39 billion yuan ($2.60 billion), as investment income and income from investments in associates fell 50%, China Telecom said.

  • China Telecom's Annual Report Ranked No.3 of "Top 100 Reports Worldwide"
    PR Newswire

    China Telecom's Annual Report Ranked No.3 of "Top 100 Reports Worldwide"

    NYSE: CHA) is pleased to announce that the print and online versions of its 2018 Annual Report "Intelligent Transformation to Co-share Value of Innovation" have won in total six platinum awards and five gold awards, and ranked No.3 of "Top 100 Reports Worldwide" (No.1 in Asia Pacific) in LACP 2018 Vision Awards by the League of American Communications Professionals LLC (LACP), marking one of the best award-winning records of the Company since its participation in the competition. In addition, the Company's print Annual Report has earned 3 gold awards in 2019 International ARC Awards.

  • 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.

  • 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.