How to buy China Telecom shares (2024) – invest in China Telecom
Do you want to invest in China Telecom shares? In this article, you can read how to buy China Telecom stocks. You can also examine the latest stock price of China Telecom on this page.
If you have confidence in China Telecom, you can consider investing by buying its shares! You can buy China Telecom stocks with one of these brokers:
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Why can it be interesting to invest in China Telecom stocks?
- Strong market position: China Telecom is one of the largest telecommunications companies in China.
- Diversification: in addition to telecom, the company is also active in cloud computing & smartphone services.
- Government: the company is owned by the government, which means it has support from the Chinese Communist Party.
- Increasing demand: the digital transformation benefits China Telecom and can increase profitability.
- Competition: China Telecom faces strong competition from China Mobile and China Unicom.
- Limited market: China Telecom is entirely reliant on the Chinese market for profitability.
- Limited growth: China Telecom’s financial situation has not improved, and opportunities for international expansion are limited.
About China Telecom
China Telecom Corporation Limited is a company in China. It is a large provider of information services around the world.
China Telecom operates primarily in China and serves 300 million subscribers, with most customers being served in the broadband division. Approximately half of all customers (150 million) have a broadband connection. The company is listed on the stock exchanges in Hong Kong and Shanghai.
History of China Telecom
China Telecom was founded in 2002. From the start, they invested heavily in their business operations and network. Over the years, China Telecom has acquired multiple companies. They acquired the digital operations of Best Stone and also China Telecom (Europe) to further expand.
In 2015, they formed a joint venture with fellow telecom companies China Mobile and China Unicom. In 2015, there was some turmoil when it was revealed that the chairman of China Telecom (Chang Xiaobing) was suspected of corruption. He resigned and was later convicted.
A corruption scandal often has negative consequences for the stock price. Therefore, when investing in China Telecom stocks, it is wise to keep a close eye on these developments. If there is a scandal, you can short the stock to speculate on a falling price.
Strategic partners
To improve and strengthen the network, China Telecom sees many opportunities to collaborate with campuses, municipalities, and internet companies. Building and managing networks together are among the possibilities.
Do you think these strategic moves will contribute to the results of China Telecom? Then it may be attractive to buy China Telecom shares.
The importance of innovation at China Telecom
It is important to continue to innovate. For this reason, China Telecom is constantly looking for the best top talents out there. In addition, they want to revise and improve the Research & Development structure.
If you would like to invest in the telecommunications industry within China, China Telecom may be an interesting option. However, it is essential to keep an eye on the competition and local regulations. Therefore, research carefully whether the share fits within your risk tolerance.