China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) ranks No. 1 in IR Magazine's "Global Top 50 Awards 2017". The Awards was based on IR Magazine's annual surveys of investors and analysts across the world for its regional awards programs in Europe, Brazil, Canada, US, Greater China and South East Asia. Last year, China Telecom ranked No. 2 in the "Global Top 50 Awards".
The Global Top 50 in 2017 comprises of 21 US companies, followed by 13 companies from Europe. Greater China and Canada provide five issuers each, while four come from Brazil and two from South East Asia. China Telecom has climbed over the year to claim the crown in the Global Top 50 and takes the top spot in global rankings.
The above honor reaffirms China Telecom's excellence in investor relations and corporate governance, and strong commitment to a high standard of transparency. The Company maintains top standard not only among regional large cap corporations, but is also highly recognized by the investment community globally. China Telecom would like to express its sincere thanks to the investors and analysts for their continuous support.
China Telecom ranked 142nd in "The Forbes Global 2000" for the Year 2017, which was based on a composite ranking from four metrics: sales, profits, assets and market value.
China Telecom ranked 133rd by revenue in "Fortune Global 500" for the year 2017. (Fortune July 2017 issue)
China Telecom Corporation Limited was honoured with the following corporate governance grand awards in the "Asian Excellence Awards 2017" organised by Corporate Governance Asia, a leading regional journal on corporate governance:
- Best CEO
- Best Investor Relations
The "Asian Excellence Awards" are designed to recognise the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations. The accolades are based both on the scores from the data that was submitted by readers and from interviews conducted with investors.
China Telecom Corporation Limited was voted by portfolio managers and analysts around the globe as "No. 1 Best Managed Company in Asia", at the "Asia's Best Managed Companies Poll 2017" by FinanceAsia, a reputable financial magazine in Asia.
In addition, China Telecom also swept six other top China awards as follows:
- No. 1 Best Managed Company
- No. 1 Most Committed to Corporate Governance
- No. 2 Best at Investor Relations
- No. 2 Best at Corporate Social Responsibility
- No. 2 Best CEO
- No. 2 Best CFO
China Telecom Corporation Limited was announced as "the 1st Runner-up" at IR Magazine's "2016 Global Top 50 Awards". The "Global Top 50 Awards" was determined through IR Magazine's annual surveys of investors and analysts for its regional awards programs in the US, Canada, Brazil, Europe, Greater China and South East Asia.
At the same time, China Telecom was voted as the "Best Overall Investor Relations (Large Cap)" among other large cap corporations in the region. In addition, the Company was honoured with the following investor relations awards at "IR Magazine Awards - Greater China 2016":
- Best Investor Relations in Communications sector
- Best Financial Reporting
- Best Investor Meetings
- Best Sustainability Practice
"IR Magazine Awards - Greater China 2016" was decided by an independent survey of investors and analysts, all of whom are located in the region. This year, more than 200 members of the investment community participated in the survey, investors and analysts were asked to vote for the company giving them the best IR service in each awards category.
China Telecom Corporation Limited was accredited with "Platinum Award – Excellence in Governance, CSR & Investor Relations Benchmarking" in the poll of "Corporate Awards 2016" by The Asset. In addition, Mr. Yang Jie, Chairman and Chief Executive Officer of China Telecom, was honored with "Best CEO in Telecommunications" award.
Organized by The Asset, a reputable financial magazine in Asia, "Corporate Awards 2016" is now in its 16th year, the longest running ESG awards in Asia. "Platinum Award" recognizes companies' attainment in all categories of corporate endeavors: financial performance, management acumen, corporate governance, social responsibility, environmental responsibility and investor relations based on a ranking of listed companies in Asia by leading investment professionals and research analysts. "Best CEO" rewards a range of leadership qualities and attributes including inspirational leadership, strategic thinking, team- and relationship-building, effective communication and change management.