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China Telecom Corp Ltd (CHA) [hlAlert]

up 129.15 %

China Telecom Corp Ltd (CHA) upgraded to Buy by UBS

Posted on: Tuesday,  Oct 28, 2008  8:25 AM ET by UBS

UBS rated Buy China Telecom Corp Ltd (NYSE: CHA) on 10/28/2008. Previously UBS rated Sell China Telecom Corp Ltd (NYSE: CHA) on
06/28/2007., when the stock price was $59.97. Since then, China Telecom Corp Ltd has lost 56.36% as of 10/28/2008's recent price of $26.17.
If you would have followed the previous UBS's recommendation on CHA, you would have gained 129.15% of your investment in 488 days.

China Telecom Corporation is a state-owned telecommunications company in China. They operate local telephone networks in ten provinces in China. They operate domestic and international fixed-line networks and infrastructure including wireless local loop, as well as telecom network-based voice, data, video, multimedia and information services. They are also engaged in international telecom service settlement and expand into overseas markets.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/28/2008 8:25 AM Buy
as of 12/31/2008
1 Week down  -1.93 %
1 Month   
3 Months up  75.60 %
1 YTD up  111.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2007 11:25 AM Sell

(*) Stock Price at the time of the recommendation.
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