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Chunghwa Telecom Co Ltd (NYSE: CHT) downgraded to Neutral by Credit Suisse

Friday,  Jan 8, 2016  12:25 PM ET by Betsy O'Brien Harrison

Credit Suisse downgraded Chunghwa Telecom Co Ltd (NYSE: CHT) to Neutral.
Previously Credit Suisse downgraded to Chunghwa Telecom Co Ltd (NYSE: CHT) to Outperform on 03/04/2008, when the stock price was $24.71.

Chunghwa Telecom Co., Ltd. (Chunghwa) is a telecommunications service provider in Taiwan. As an integrated telecommunications service provider, its principal services include fixed-line services, including local, domestic long distance and international long-distance telephone services; cellular services, and Internet and data services, including HiNet, its Internet service provider, Fiber to the X (FTTx) services, asymmetrical digital subscriber line (ADSL) services and leased-line services.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.

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