Initiated Buy X

CHA Chagee

Deutsche Bank

$40.50

Initiated Buy X

CHA Chagee

Citigroup

$43.70

Initiated Overweight X

CHA Chagee

Morgan Stanley

$37.50

Upgrades Neutral Buy X

CHA China Telecom

Goldman

Downgrades Outperform Underperform X

CHA China Telecom

CLSA

Downgrades Outperform Neutral X

CHA China Telecom

Credit Suisse

Downgrades Buy Neutral X

CHA China Telecom

UBS

Downgrades Buy Neutral X

CHA China Telecom

Mizuho

Upgrades Hold Buy X

CHA China Telecom

Jefferies

Downgrades Buy Neutral X

CHA China Telecom

Nomura

CHA  China Telecom Corp Ltd ADS

China Telecom Corporation Limited is an investment holding company principally engaged in telecommunications and related businesses. The Company provides integrated information services, including wireline and mobile telecommunications services, Internet access services, information services and other value-added telecommunications services. The Company mainly operates its business in domestic market.