BI-CTEL@EC2612A

Shanghai Telecom Launches Zhiyun Shanghai AI STORE and Initiates Multi-party AI Ecosystem Cooperation

China Telecom Launches 10 Billion RMB 'Token Factory' Tender, Major Operators Compete in Computing Power Sector

China Telecom Shanghai Unveils 'Smart Cloud Shanghai' Progress: AI Base Empowers Urban Digitalization and Livelihood Services

Sichuan Tianfu New Area Committee and China Telecom Sign Agreement to Launch 2 Billion RMB Cloud Computing Center Construction

China Telecom Completes Asia Link Cable Landing in Hong Kong

China Telecom Launches 2026 Metropolitan Cloud Network MCN Equipment Procurement

China Telecom Proposes Token Economy to Reconstruct Business

China Telecom Initiates the Establishment of the Token Ecosystem Alliance

CT 董事长 Announces Strategic Upgrade and Pushes for Intelligent Cloud System Construction

China Telecom Emphasizes Cloud and Digital Transformation and Accelerates AI Deployment

Huatai Securities Cuts China Telecom's Target Price but Maintains Buy Rating

Citibank Reports China Telecom Q1 2026 Earnings Disappointing

China Internet Network Information Center and Others Release Intelligent Body Internet Domain System and AI Intelligent Body Gateway System

China Telecom Announces Q1 2026 Operational Data

China Telecom Announces First Quarter Profit and Revenue

China Telecom Q1 Revenue Dips as 5G Users Soar by 49.53 Million

CHINA TELECOM released FY2026 Q1 earnings on April 23 During-Market (BJT), actual revenue HKD 149.62 B (forecast HKD 150.97 B), actual EPS HKD 0.0906 (forecast HKD 0.102)

Deputy Director Jiang Ming of China Telecom's Research Institute Delivers Keynote Speech on AI-Driven FTTR Technological Innovation

Multiple Countries Announce PMI Data and Companies Release Earnings

China Telecom Completes 5G-A Ultra-Lightweight Technology Commercial Validation

RADIANCE HLDGS

ANCHORSTONE

RIVERINE CHINA

REACH NEW HLDGS

FINELAND LIVING

NUR HOLDINGS

GOLDEN LEAF INT

UBOT HOLDING

MAN YUE TECH

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The Federal Communications Commission (FCC) has voted to advance a proposal that would prohibit all Chinese labs from testing electronic devices, including smartphones and cameras, for use in the U.S. Additionally, the FCC is considering a separate proposal to prevent three major Chinese telecom companies from operating data centers in the U.S. and may ban telecom carriers from connecting with these companies.

Yahoo Finance

CHINA TELECOM

US telecom agency votes to expand tech crackdown on China

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HSBC Research analyzed the 1Q results of Chinese telecom companies, noting a decline in service revenue and net profit due to increased value-added tax. CHINA MOBILE showed resilience with a smaller YoY decline in service revenue and a significant rise in operating cash flow, prompting a Buy rating. In contrast, CHINA TELECOM's results fell short of expectations, leading to a downgrade to Hold. CHINA UNICOM had mixed results, while CHINA TOWER saw revenue growth but missed EBITDA forecasts. HSBC adjusted target prices for these stocks accordingly.

AASTOCKS News

CHINA MOBILE

China Mobile

CHINA UNICOM

China Unicom

CHINA TOWER

CN Mobile HK SDR 5to1

CHINA MOBILE-R

HSBC Research: Divergent 1Q Results for Chinese Telecoms; Favors CHINA MOBILE, Downgrades CHINA TELECOM to Hold

Huatai Securities has lowered its target price for CHINA TELECOMfrom HKD6.92 to HKD6.88 following a report on the company's 1Q26 results, which showed a 2.32% YoY decline in operating revenue to RMB131.394 billion and a 17.08% drop in net profit to RMB7.35 billion. The broker anticipates growth in the company's industrial digitalization business due to the rise of AI applications, maintaining a Buy rating despite adjusting net profit forecasts for 2026-2028 down by 8% each year.

HTSC

Huatai Securities Co., Ltd. GDR Class A RegS

Huatai Securities Cuts CHINA TELECOM  TP to HKD6.88; Smart Digital Revenue Growth Expected to Accelerate in AI Era

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CHINA TELECOM-0.120 (-2.348%) Short selling $64.25M; Ratio 35.286% reported a 17.1% YoY shrinkage in net profit to RMB7.35 billion for 1Q, weighing on its share price. The stock opened 2.35% lower today (24th) at HKD4.99, with 1.308 million shares traded in pre-market block trades, involving HKD6.5269 million.For 1Q, CHINA TELECOM's operating revenue decreased 2.6% YoY to RMB131.967 billion. Net profit fell 17.1% YoY to RMB7.35 billion. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-23 16:25.)

Guotai CSI All Share Communications Equipment ETF

Harvest CNI Communication ETF

ChinaAMC CSI 5G Communication ETF

CHINA TELECOM Opens 2%+ Lower as 1Q NP Sags 17%

CHINA TELECOMreported a significant increase in its 5G network subscribers, reaching 314 million with net additions of 12.32 million in 1Q26, up from 9.4 million in 4Q25. The total mobile subscribers reached 441 million, with a quarterly increase of 1.9 million. Additionally, wireline broadband subscribers totaled 202 million, adding 440,000 during the quarter. The stock rose by 1.59% to +0.080, with short selling at $64.25M and a ratio of 35.286%.

Chagee

CHINA TELECOM  1Q26 5G Network Net Adds Accelerate to 12.32 million Users

China Telecomreported a net profit of RMB7.35 billion for 1Q26, a 17.1% decrease year-on-year. Revenue fell 2.6% to RMB131.967 billion, with service revenue at RMB122.7 billion. The company had 440 million mobile subscribers, including 314 million 5G users. Operating expenses decreased by 0.7% to RMB123.8 billion. Looking ahead, China Telecom plans to focus on Cloud and Digital Transformation, aiming to enhance its AI service capabilities and deliver shareholder returns.

China Telecom  1Q26 Net Profit RMB7.35B, -17.1% YoY

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In 1Q26, China's telecom service revenue fell by 1.8% year-on-year to RMB439.4 billion, according to the Ministry of Industry and Information Technology (MIIT). However, the total telecom business volume rose by 8.3% year-on-year when adjusted for constant prices. By the end of March, the total number of mobile subscribers reached 1.836 billion, with 5G subscribers accounting for 1.254 billion, representing 68.3% of the total and a net increase of 49.53 million from the previous year.

China Southern CSI Communication Service ETF

MIIT: 1Q26 Telecom Service Revenue Down 1.8% YoY; Total Telecom Business Volume Up 8.3% YoY

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The Ministry of Industry and Information Technology released data showing that as of the end of March, the total number of 5G base stations reached 4.958 million, a net increase of 120,000 compared to year-end, accounting for 38.2% of the total mobile base stations, with the proportion rising by 0.6 percentage points from year-end

Wallstreetcn

Yinhua CSI 5G Communication Theme ETF

CSOP CSI 5G

MIIT: Total Number of 5G Base Stations Reached 4.958 Million by End of March, Net Increase of 120,000 from Year-End

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The State Council issued opinions on promoting capacity expansion and quality improvement in the service sector, emphasizing the deep implementation of large-scale 5G applications, advancing 5G-A network development, and strengthening 6G technology research. It also mentioned appropriately ahead-of-schedule construction of mobile IoT and the development of satellite internet application services

State Council: Strengthen R&D of Sixth-Generation Mobile Communication (6G), Advance Mobile IoT Construction

BI-CTEL@EC2612A(29212.HK)

US telecom agency votes to expand tech crackdown on China

HSBC Research: Divergent 1Q Results for Chinese Telecoms; Favors CHINA MOBILE, Downgrades CHINA TELECOM to Hold

Huatai Securities Cuts CHINA TELECOM TP to HKD6.88; Smart Digital Revenue Growth Expected to Accelerate in AI Era

CHINA TELECOM Opens 2%+ Lower as 1Q NP Sags 17%

CHINA TELECOM 1Q26 5G Network Net Adds Accelerate to 12.32 million Users

China Telecom 1Q26 Net Profit RMB7.35B, -17.1% YoY

MIIT: 1Q26 Telecom Service Revenue Down 1.8% YoY; Total Telecom Business Volume Up 8.3% YoY

MIIT: Total Number of 5G Base Stations Reached 4.958 Million by End of March, Net Increase of 120,000 from Year-End

State Council: Strengthen R&D of Sixth-Generation Mobile Communication (6G), Advance Mobile IoT Construction