China Telecom Corporation Limited
NYSE:CHA ISIN:US1694261033
China Telecom Corporation Limited (China Telecom) is a provider of wireline telecommunications services in Shanghai municipality, Guangdong province, Jiangsu province, Zhejiang province, Anhui province, Fujian province, Jiangxi province, Guangxi Zhuang autonomous region, Chongqing municipality, Sichuan province, Hubei province, Hunan province, Hainan province, Guizhou province, Yunnan province, Shaanxi province, Gansu province, Qinghai province, Ningxia Hui autonomous region and Xinjiang Uygur autonomous region in China. On March 31, 2008, the Company entered into an Acquisition Agreement with China Telecom Group to acquire the entire equity interest in its wholly owned subsidiary, Beijing Telecom. In September 2008, the Company announced the completion of the acquisition of the CDMA business.
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SmartTrans Holdings Limited (ASX:SMA) is pleased to announce that the Company has recently expanded its Direct Carrier Subscription billing service into Liaoning Province in China through an agreement with China Telecom (HKG:0728). This latest province now gives SMA billing and marketing reach to a potential 460 million mobile phone users across seven provinces in China.
China's largest down apparel company, Bosideng International Holdings Limited ("Bosideng" or the "Company"; HKG:3998, together with its subsidiaries the "Group") has won two major awards in the PRC on August 8, 2009. It has once again received the "China Mask Award" for three consecutive years at the 3rd China Brand Festival Award Presentation Ceremony. It was given the title as "Invincible General Delivering Stable Growth". On a separate occasion, Bosideng was named amongst "2008-2009 Top 10 Most Competitive Enterprises in the China Apparel Industry" by China National Textile and Apparel Council ("CNTAC").
Inspur International (HKG:0596) is a leading IT and Outsource Software development company with a large international client base across the world, including Microsoft, Toshiba and Hitachi. Apart from servicing the MNEs market, the company is also engaged in a lot of government projects in China. Inspur has been named one of Fortune Magazine's top 100 software companies in the world for 3 consecutive years. In FY 2008, the company has experienced outstanding growth in its revenue and EPS, rising by 99.7% and 590.5% respectively.
Asian stocks markets broadly opened higher on Monday on hope of the US government's plan to remove toxic assets from the troubled financial firms. Most major indices in Asia posted strong openings and surged more than 1% in early trading.
On Wednesday Tokyo and Hong Kong markets bounced 4 per cent respectively in the morning following Wall Street's hefty overnight rally. Taiwan stocks rose 2.04 percent to a two-month high led by financial stocks after Citigroup said it turned profitable in the first two months in 2009.
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