Share Information
Share Listing
China Telecom Corporation Limited’s H shares were listed on The Stock Exchange of Hong Kong Limited on 15 November 2002 and New York Stock Exchange as American Depositary Shares (ADSs) on 14 November 2002. ADSs are issued by The Bank of New York Mellon. Each ADS traded in the United States represents 100 ordinary H shares.
Stock Code
| The Stock Exchange of Hong Kong Limited | 728 |
| New York Stock Exchange | CHA |
Share Price Performance
|
2010 share price |
HK$ per H share |
US$ per ADS |
||||
|
High |
Low |
Close |
High |
Low |
Close |
|
|
4.38 |
3.14 |
4.07 |
56.21 |
40.28 |
52.28 |
|
|
Share price change in 2010 |
+25.6% |
+26.2% |
||||
| Number of issued shares: (as at 31 December 2010) | 80,932,368,321 |
| Market capitalisation: (as at 31 December 2010) | HK$329.4 billion |
Share price performance of China Telecom on The Stock Exchange of Hong Kong Limited versus Hang Seng Index (HSI) and MSCI World Telecom Service Sector Index (MSCI) from IPO on 15 November 2002 to 31 December 2010.
Distribution of shares and shareholdings
The share capital of the Company as at 31 December 2010 was RMB80,932,368,321, divided into 80,932,368,321 shares of RMB1.00 each. As at 31 December 2010, the share capital of the Company comprised:
|
Number of shares |
Percentage of the total number of shares |
|
|
Total number of Domestic shares: |
67,054,958,321 |
82.85 |
|
Domestic shares held by: |
||
|
China Telecommunications Corporation |
57,377,053,317 |
70.89 |
|
Guangdong Rising Assets Management Co., Ltd. |
5,614,082,653 |
6.94 |
|
Zhejiang Financial Development Company |
2,137,473,626 |
2.64 |
|
Fujian State-owned Assets Investment Holdings Co., Ltd. |
969,317,182 |
1.20 |
|
Jiangsu Guoxin Investment Group Co., Ltd. |
957,031,543 |
1.18 |
|
Total number of H shares (including ADSs): |
13,877,410,000 |
17.15 |
|
Total |
80,932,368,321 |
100.00 |
Major shareholders of H shares
The following table shows the major shareholders that exercised or controlled the exercise of 5% or above of H shares as at 31 December 2010:
|
Name of shareholder |
Number of shares |
Percentage of the total number of H shares in issue |
|
Commonwealth Bank of Australia |
1,538,666,000 |
11.09 |
|
Capital Research and Management Company |
1,254,424,000 |
9.04 |
|
Blackrock, Inc. |
1,130,723,080 |
8.15 |
|
JPMorgan Chase & Co. |
971,952,626 |
7.00 |
|
RFS Holdings B.V. |
907,191,530 |
6.54 |
|
Templeton Investment Counsel, LLC |
693,347,861 |
5.00 |
Dividend History
|
Financial Year |
Ex-Dividend Date |
Shareholder |
Approval Date Payment Date |
Dividend per Share |
|
(HK$) |
||||
|
2002 Final |
16 May 2003 |
20 June 2003 |
10 July 2003 |
0.00837* |
|
2003 Final |
1 April 2004 |
3 May 2004 |
20 May 2004 |
0.065 |
|
2004 Final |
21 April 2005 |
25 May 2005 |
23 June 2005 |
0.065 |
|
2005 Final |
20 April 2006 |
23 May 2006 |
15 June 2006 |
0.075 |
|
2006 Final |
26 April 2007 |
29 May 2007 |
15 June 2007 |
0.085 |
|
2007 Final |
28 April 2008 |
30 May 2008 |
16 June 2008 |
0.085 |
|
2008 Final |
23 April 2009 |
26 May 2009 |
30 June 2009 |
0.085 |
|
2009 Final |
22 April 2010 |
25 May 2010 |
30 June 2010 |
0.085 |
|
2010 Final |
18 April 2011 |
20 May 2011 |
30 June 2011 |
0.085** |
* On the basis of HK$0.065 per share, pro-rated based on the number of days the Company’s shares have been listed during the year of 2002.
** The dividend proposal is subject to shareholders’ approval at the annual general meeting to be held on 20 May 2011.
Annual Reports
Our annual reports in both English and Chinese are now available through the Internet at
http://www.chinatelecom-h.com. The Company will file an annual report in Form 20-F for the year 2010 with the United States Securities and Exchange Commission by 30 June 2011.
2010 Annual Report Survey
Annual Report is a key communication channel between shareholders and the Company. Last year, we received around 100 questionnaires of “Your Views on Annual Report 2009”. Each of these responses benefited us in enhancing and further improving our annual reports. We are deeply indebted to the respondents for their constructive responses. In accordance with our commitment, we have to donate HK$50 for each questionnaire received. In this regard, we have donated a sum of HK$10,000 to the charitable organisation, “ORBIS”. In addition, we have already implemented the suggestion of allowing shareholders to choose means of receipt and language of corporate communication to enhance environmental protection and cost savings.
We value and are eager to keep hearing your comments on our annual report for our further improvement in the future. It is highly appreciated if you could spare your precious time to complete the questionnaire of “Your Views on Annual Report 2010”, as attached in this annual report, and return it by post or fax to us at
852 2877 0988. You can also fill in the electronic form at our website, www.chinatelecom-h.com.
Annual General Meeting
To be held at 11 a.m. on 20 May 2011 in Conrad Hong Kong Hotel
Registered office
| Address: | 31 Jinrong Street |
| Xicheng District | |
| Beijing | |
| PRC 100033 | |
| Tel: | 86 10 6642 8166 |
| Fax: | 86 10 6601 0728 |
Any enquiries relating to the strategic development or operations of China Telecom Corporation Limited, please contact the Investor Relations Department or Office of the Board of Directors:
Investor Relations
Investor Relations Department
Tel: 852 2877 9777
Fax: 852 2877 0988
Email: ir@chinatelecom-h.com
Office of the Board of Directors
Tel: 86 10 6642 8166
Fax: 86 10 6601 0728
Email: ir@chinatelecom.com.cn
Any enquiries relating to your shareholding, for example transfers of shares, change of name or address, loss of share certificates, please contact the H share registrar:
H share registrar
| Computershare Hong Kong Investor Services Limited | |
| Address: | Shops 1712-1716, 17th Floor |
| Hopewell Centre | |
| 183 Queen’s Road East | |
| Wanchai | |
| Hong Kong | |
| Email: | hkinfo@computershare.com.hk |
Any enquiries relating to ADSs, please contact the depositary:
ADS depositary
| The Bank of New York Mellon | |
| Address: | Investor Services |
| P.O. Box 11258 | |
| Church Street Station | |
| New York, NY 10286-1258 | |
| Tel: | 1-888-269-2377 (toll free in USA) |
| 1-212-815-3700 (international) | |
| Email: | shareowners@bankofny.com |
Forward-Looking Statements
Certain statements contained in this document may be viewed as “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 (as amended) and Section 21E of the U.S. Securities Exchange Act of 1934 (as amended). Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of China Telecom Corporation Limited (the “Company”) to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. In addition, we do not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.