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CHA News and Press, China Telecom Corp Ltd ADS From 11/12/20

Stock Information

Company Name: China Telecom Corp Ltd ADS
Stock Symbol: CHA
Market: NYSE
Website: chinatelecom-h.com

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CHA - Chinese telecoms slide on report of new Trump crackdown

Reports of a new executive order cracking down on investment in Chinese firms are hitting China's state-owned telecoms. A new order that could arrive as soon as today could prohibit U.S. investment in companies Washington says are owned or controlled by China's military, Reuters says. That or...

CHA - China Telecom: Positive On Market Share Gains But Downside Risks Remain

China Telecom has gained market share in the Chinese mobile market at the expense of its competitors, as evidenced by its mobile service revenue growth and mobile subscriber net additions. There are mixed views on China's 5G progress, and a lower-than-expected 5G penetration rate and ...

CHA - Chindata Group Seeks $500 Million U.S. IPO

Chindata Group Holdings has filed proposed terms for its U.S. IPO. The firm builds and operates hyperscale data centers in China, Malaysia and soon in India. CD has substantial expansion plans within greater Asia in a growing industry and the IPO appears reasonably valued, so is w...

CHA - China Mobile: Financial Strength Amid Stock Price Fluctuation

When I came across China Mobile ( CHL ) during my coverage of mobile equipment manufacturers, I was amazed to learn that this telecom service provider serves 950 million mobile customers and was among the first in the world to launch a 5G infrastructure. However, the stock price, despite som...

CHA - Tech war escalates as Washington unveils 'Clean Network' program

Expanding Washington's "5G Clean Path" program, Secretary of State Mike Pompeo has detailed a new five-pronged "Clean Network" effort aimed at curbing potential national security risks. More news on: Apple Inc., Alphabet Inc., Alphabet Inc., Top stock market news, Tech stocks news, , ...

CHA - Ericsson: First Position In 5G By End Of Year

Since my first article on Ericsson ( ERIC ) back in January the stock has appreciated by 30%. The main reasons for which I was bullish were product strength, financial discipline and good management. The company recently won 5G contracts in China, the land of the mighty Huawei (a Chinese mob...

CHA - Top 5 Large Cap Dividend Stocks for July 6, 2020

The top winners in the large cap US dividend space for Monday, July 6, 2020 are LFC, CHU, HNP, FCX, and CHA The top winners in the large cap US dividend space for Monday, July 6, 2020 are  LFC ,  CHU ,  HNP ,  FCX , and  CHA . Below is a rec...

CHA - PINTEC expands cooperation with China Telecom Bestpay

Pintec Technology (NASDAQ: PT )  +40%  expanded its cooperation with China Telecom Bestpay, a wholly-owned subsidiary of China Telecom (NYSE: CHA ) to provide intelligent handset installment services to Bestpay’s government and enterprise customers. More news on: Pintec Te...

CHA - China Mobile: Nice Dividend Coupled With Attractive Valuation

Currently, there are lots of uncertainties concerning the current condition of the coronavirus, and nobody knows what kind of difficulties could cause the second wave of the virus. So, we will continue to seek more safe-haven assets that could protect our investments during the probable turbul...

CHA - Livestreaming Set To Unlock Greater E-Commerce Spending In China

Live stream shopping is booming in China. China’s live streaming e-commerce sector generated RMB 433 billion (US$ 61 billion) in transactions in 2019, according to a report from third party data mining and analysis firm iiMedia Research Group. In 2020 livestream e-commerce revenue is ex...

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