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Rating: CHA
Mkt Perform

China Telecom Corp Ltd (NYSE: CHA) reiterated to Mkt Perform by Bernstein

Friday,  Oct 30, 2015  10:25 AM ET by Betsy O'Brien Harrison

Bernstein reiterated China Telecom Corp Ltd (NYSE: CHA) to Mkt Perform.
Previously Bernstein reiterated China Telecom Corp Ltd (NYSE: CHA) to Mkt Perform on 10/17/2013, when the stock price was $52.42.

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.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.

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