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China Telecom ( (HK:0728) ) has issued an announcement.
China Telecom has announced the establishment of a Nomination Committee to oversee the nomination process for its board of directors. The committee, composed of independent non-executive directors, aims to ensure fair representation and protect the interests of all shareholders, particularly minority shareholders. This move is expected to enhance corporate governance and align with regulatory requirements, potentially strengthening the company’s position in the market.
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 range of services including fixed-line and mobile voice, broadband, and data services. The company is a major player in the Chinese market, focusing on enhancing its network capabilities and expanding its customer base.
Average Trading Volume: 48,840,879
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$711.2B
Find detailed analytics on 0728 stock on TipRanks’ Stock Analysis page.