We expect China Telecom to deliver steady FCF growth to support its dividend payout ratio, driven by improving margins and disciplined capex spending with a shifting focus towards computing infrastructure. The company's revenues were down 1% YoY to Rmb125.5bn in 3Q25 (vs. 2Q25 at 3% YoY), with continuous expansion of intelligent business, offset by muted growth of traditional 5G network business. We remain positive on China Telecom's integrated services to cover computing power, platform, data, AI model and ...

I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value and holding them for the long haul, allowing them to compound their earnings and shareholder returns.Analyst’s Disclosure: I/we have no stock, option or similar derivative posit ...