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China Telecom Enhances Governance with New Audit Committee

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China Telecom Enhances Governance with New Audit Committee

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China Telecom ( (HK:0728) ) has provided an announcement.

China Telecom Corporation Limited has established an audit committee to ensure the protection of shareholder interests, particularly those of minority shareholders. The committee, composed of independent non-executive directors with financial expertise, is tasked with maintaining transparency and compliance with regulatory standards. This move is expected to strengthen corporate governance and enhance stakeholder confidence in the company’s operations.

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 operates in the telecommunications industry, providing a wide range of services including fixed-line and mobile telephony, broadband internet, and digital television. It is one of the largest telecommunications companies in China, focusing on both domestic and international markets.

Average Trading Volume: 48,840,879

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$711.2B

For detailed information about 0728 stock, go to TipRanks’ Stock Analysis page.

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