Issue is caught in tug of war
Article Abstract:
Strategic investors, or tycoons, and hedge funds are allegedly derailing what otherwise is a good investment track of China Telecom. The firm is considered AT&T's counterpart in Asia. Lately, hedge funds are short-selling the shares in anticipation that the tycoons may soon sell their shares. The tycoons control more than one-third of China Telecom's shares that change hands publicly. In effect, investors are momentarily staying away from the trading field, causing shares to slump.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Singapore Telecom prepares for tough competition
Article Abstract:
Singapore Telecommunications Ltd. expects to face competition from one, or possibly two consortia, when the country's market for domestic and international fixed-line services are deregulated in the year 2000. Three international consortia are bidding for the second basic-services license in Singapore. Singapore Telecommunications posted a 12% increase in net profit to S$1.66 billion for the year ended March 31, 1997.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
China Telecom enjoys special status
Article Abstract:
China Telecom (Hong Kong) Ltd. heads market share in the Chinese telecommunications market. Due to limited competition of Chinese mobile phone networks, interested overseas backers must invest in China Telecom (Hong Kong) Ltd.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Rock asks 'stars' for help in dealing with media. Practices slam fee charges for entering competitions
- Abstracts: Keeping it in the family. Flight from the north. Gateway to Europe
- Abstracts: New kids on the bloc. Sustaining Europe's poorer regions. Feast and famine
- Abstracts: Kansas City Southern spinoff advances. Neuberger panel votes to revive IPO. Kansas City Southern spinoff is set
- Abstracts: Virgin Atlantic buys thirteen Airbus jets. Qatar Airways signs deal for 80 Airbus A350 jets. Qantas may acquire 10 jumbo jets from Airbus