Investor Relations and Transparent Information Disclosure Mechanism
The Company establishes an Investor Relations Department which is responsible for providing shareholders and investors with the necessary information, data and services in a timely manner. It also maintains proactive communications with shareholders, investors and other capital market participants and provides them with the necessary information so as to allow them to fully understand the operation and development of the Company. The Company’s senior management presents the annual results and interim results in Hong Kong every year. Through various activities such as analyst meetings, press conferences, global investor telephone conferences and investors road shows, the senior management provides the capital markets and the media with important information related to key issues of which the investors are of prime concerns. This has helped to reinforce the understanding of the Company’s business and the overall development of the telecommunications industry in China. Since 2004, the Company has been holding the Annual General Meetings in Hong Kong to provide convenience and encourage its shareholders, especially public shareholders, to actively participate in the Company’s Annual General Meetings and to promote the direct communication and exchange of ideas between the Board and shareholders.
With an aim of strengthening communications with the capital market and enhancing the transparency of information disclosure, the Company has provided the quarterly disclosure of revenue, operating expenses, EBITDA, net profit figures and other key operational data, and the monthly announcements of the number of access lines in service, mobile subscribers (including 3G subscribers) and wireline broadband subscribers. The Company attaches great importance to maintain daily communication with shareholders, investors and analysts. In 2011, the Company has participated in a number of investors conferences held by a number of major international investment banks in order to maintain active communication with institutional investors.
In 2011, the Company attended the following investors conferences held by major international investment banks:
Date |
Name of Conference |
|
January 2011 |
Deutsche Bank Access China Conference 2011 |
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January 2011 |
UBS Greater China Conference 2011 |
|
January 2011 |
DBS Vickers Pulse of Asia Conference 2011 |
|
March 2011 |
Credit Suisse Asian Investment Conference 2011 |
|
April 2011 |
Samsung Securities – Tablet & Smartphone Revolution Conference 2011 |
|
May 2011 |
Jefferies Technology, Internet, Media & Telecom Conference 2011 |
|
May 2011 |
Bank of New York Mellon/UBS Non-Deal Roadshow (US) 2011 |
|
May 2011 |
Macquarie Great China Conference 2011 |
|
May 2011 |
Morgan Stanley Hong Kong Investor Summit 2011 |
|
May 2011 |
SWS Hong Kong Conference 2011 |
|
May 2011 |
Daiwa Investment Conference 2011 |
|
May 2011 |
DBS Vickers Corporate Access Day 2011 |
|
May 2011 |
Goldman Sachs Telecom & Internet Corporate Day 2011 |
|
May 2011 |
UBS Asian Telecom Conference 2011 |
|
May 2011 |
CLSA China Investment Forum 2011 |
|
June 2011 |
Nomura Asia Equity Forum 2011 |
|
June 2011 |
J.P. Morgan 7th Annual China Conference 2011 |
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June 2011 |
RBS Non-Deal Roadshow (US) 2011 |
|
June 2011 |
Daiwa Hong Kong China Investment Seminar 2011 |
|
June 2011 |
J.P. Morgan’s 15th Annual Asia Pacific Equity Conference 2011 |
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June 2011 |
Credit Suisse China Investment Conference |
|
July 2011 |
Nomura Non-Deal Roadshow (Australia) 2011 |
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July 2011 |
RBS Hong Kong/China Investor Conference 2011 |
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