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Stock Market & Financial Investment News

News Breaks
May 30, 2014
08:29 EDTCHAChina Telecom sees RMB80B capex, with half for 4G, Marbridge Daily says
China Telecom chairman and CEO Wang Xiaochu sees the company's capital expenditures totaling RMB80B this year, with half of that total dedicated to development of 4G, said Marbridge Daily, citing Sohu IT. Reference Link
News For CHA From The Last 14 Days
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March 20, 2015
06:24 EDTCHAChina Mobile capex outlook negative for Xilinx, Altera, says Citigroup
Citigroup says the lower 2015 capital expenditure guidance from China Mobile (CHL) is negative for Xilinx (XLNX) and Altera (ALTR) since it offsets the higher spending at China Telecom (CHA) and China Unicom (CHU). Citi sees downside to consensus estimates for both Xilinx and Altera and keeps Neutral ratings on the stocks.
March 18, 2015
12:24 EDTCHAChina Telecom upgraded to Overweight from Equal Weight at Barclays

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