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An announcement from China Telecom ( (HK:0728) ) is now available.
China Telecom announced the successful passage of all proposed resolutions at its Annual General Meeting and Shareholders’ Class Meetings, including the approval of a profit distribution and dividend plan for 2024. A final dividend of RMB0.0927 per share is set to be distributed on July 18, 2025. The meetings were attended by a significant number of shareholders, reflecting strong participation and support for the company’s strategic decisions. This announcement underscores China Telecom’s commitment to shareholder value and its stable financial position, which may positively influence its market standing and stakeholder confidence.
The most recent analyst rating on (HK:0728) stock is a Buy with a HK$6.20 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 telephony, broadband internet, and digital television. The company focuses on the Chinese market and is a significant player in the telecommunications industry.
Average Trading Volume: 90,942,626
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$733.2B
Find detailed analytics on 0728 stock on TipRanks’ Stock Analysis page.