China Telecom Corp Ltd (0728.HK)

China Telecom Corp Ltd (0728.HK)


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China Telecom Corp. Ltd Profile

China Telecom Corp. Ltd (728.xhkg) is a state-owned Chinese telecommunications company headquartered in Beijing, China. As of 2020, the company had about 351M subscribers, wireline broadband subscribers of about 159M, and access lines in service of about 108M. China Telecom Corp. Ltd (728.xhkg) is listed on the main board of the Hong Kong Stock Exchange (SEHK), its current market cap is $255.746B (USD) with about 281,192 people workforce. The company was also listed on the New York Stock Exchange (NYSE) until January 2021. However, China Telecom Corp. Ltd has been cleared to raise $8.4B (USD) in Shanghai. The decision was the latest step of Beijing’s efforts to minimize the fallout of any financial disconnection of the world’s two largest economies.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in CET Time
Fri
09:00-17:30
Mon
09:00-17:30
Tue
09:00-17:30
Wed
09:00-17:30
Thu
09:00-17:30
Sun
Closed
Sat
Closed

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, εμπορεύματακαι foreign exchangeκαι δείκτες.

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