China Telecom Corp Ltd ADS (CHA): Price and Financial Metrics
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CHA Price/Volume Stats
|Current price||$26.45||52-week high||$41.49|
|Prev. close||$25.60||52-week low||$24.10|
|Day high||$26.45||Avg. volume||1,168,200|
|50-day MA||$30.01||Dividend yield||5.48%|
|200-day MA||$31.11||Market Cap||21.41B|
China Telecom Corp Ltd ADS (CHA) Company Bio
China Telecom Corporation provides basic communications services, including wireline telecommunications services, mobile telecommunications services, value added services, such as Internet access services, integrated information services and other related services primarily in China. The company was founded in 2002 and is based in Beijing, China.
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Latest CHA News From Around the Web
Below are the latest news stories about China Telecom Corp Ltd that investors may wish to consider to help them evaluate CHA as an investment opportunity.
Huawei Technologies Co has filed a legal challenge to the Federal Communications Commission's designation of the Chinese company as a U.S. national security threat to communications networks. The FCC in June formally designated China's Huawei and ZTE Corp as security threats, a declaration barring U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies. In December the FCC rejected a petition from Huawei asking the agency to reconsider its decision.
The off-and-on saga of delisting three Chinese telecoms giants in the United States continues. The latest has seen China Telecom, China Mobile and China Unicom apply to the New York Stock Exchange to reverse delistings ordered by former president Donald Trump. It’s unclear at the moment what the exchange management will decide, or what new President Joe Biden’s stance will be on state-owned companies.However, a simple question may be asked: why bother relisting? Trump’s executive order banning…
China Telecom, China Mobile and Unicom apply to New York Stock Exchange to reverse delistings ordered by Donald Trump
Hours after Joe Biden was sworn in as the 46th president of the United States, China’s three telecommunications companies filed requests with the New York Stock Exchange (NYSE) to review their delistings, seeking to reverse the November 2020 executive order by Donald Trump to expel them.China Mobile, China Telecom and China Unicom said they asked for the trading suspension and delisting of their American depositary shares (ADSs) to be reversed while their review request is being considered. Under NYSE rules, a review must be scheduled at least 25 business days after receiving request.“Investors are cautioned that there is no assurance that the company’s review request ad stay request will be successful,” according to a statement by China Mobile to the Hong Kong stock exchange, the prima...
Telecom companies China Unicom Hong Kong Ltd, China Mobile and China Telecom Corp said on Thursday they had requested the New York Stock Exchange to review its decision to delist their American depositary shares.
Blackrock has offloaded almost all of its stake in China Telecom at a significant discount following a new ban on The post Blackrock sells $200m China Telecom stake after US ban appeared first on CityAM .
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