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China Telecom ( (HK:0728) ) just unveiled an announcement.
China Telecom Corporation Limited announced the resignation of Mr. Yeung Chi Wai, Jason, as an Independent Non-Executive Director due to regulatory term limits. Mr. Yeung, who played a significant role in corporate governance, will be succeeded by Mr. Lee Sunny Wai Kwong, pending shareholder approval. Mr. Lee brings over 40 years of experience in business and technology management, and his appointment is expected to enhance the company’s board with his extensive expertise.
The most recent analyst rating on (HK:0728) stock is a Buy with a HK$8.47 price target. To see the full list of analyst forecasts on China Telecom stock, see the HK:0728 Stock Forecast page.
More about China Telecom
China Telecom Corporation Limited is a major telecommunications company in China, providing a wide range of services including fixed-line and mobile telecommunication services, internet access, and managed data services. It operates primarily in the Chinese market, focusing on delivering advanced communication solutions to both individual and corporate clients.
Average Trading Volume: 82,970,143
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$658.3B
See more insights into 0728 stock on TipRanks’ Stock Analysis page.