There's Reason For Concern Over China Telecom Corporation Limited's (HKG:728) Price

Simply Wall StOct 3 21:37 ET

China's Telecom Services Sector Revenue Jumps 2.7% in January-August

MT NewswiresOct 2 04:49 ET

[Brokerage Focus] Goldman Sachs raises target price for three major telecommunications operators, indicating that industry revenue recovery is better than expected.

Jingu Finance News | Goldman Sachs released a report stating that China's telecommunication services industry saw a recovery in revenue from July to August, with a trend better than expected, both growing by 2.3% year-on-year, with a growth rate higher than the second quarter of 2024. The bank believes that the data shows signs of stabilizing industry growth driven by stable mobile data revenue. The report indicates that the data trend from July to August is better than Goldman Sachs' estimate for telecommunication companies in the third quarter. Therefore, the bank has slightly adjusted its estimate to reflect a more stable revenue trend. The bank maintains a 'buy' rating on China Mobile (00941), China Telecom (00728), and China Unicom's H shares (00762), with a target

Golden Guard Financial NewsOct 1 23:02 ET

Market Chatter: China Telecom Rolls Out Two Large-Language Models Using Domestic-Made Chips

MT NewswiresOct 1 05:42 ET

ZTE and China Telecom to Deploy 5G IoT Solution at The First Affiliated Hospital

Yahoo FinanceSep 30 10:35 ET

Row Shaoyang from China Telecom Research Institute: Smart computing applications are accelerating their penetration from the internet to the entire industry.

By the first half of 2024, China's total computing power reached 246 EFLOPS, with the scale of intelligent computing accounting for over 30% of the total computing power. Ra Shaoyang believes that intelligent computing, as a new type of information infrastructure, will exhibit characteristics of scaling, platformization, and greenization in future development.

cls.cnSep 30 09:39 ET