HONG KONG, Oct. 10, 2011 /PRNewswire-Asia/ --China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that its website (www.chinatelecom-h.com) not only won the Gold Award for investor relations website in China, but also the Gold Award in Asia Pacific in IR Global Rankings 2011. China Telecom was further honoured with Outstanding Financial Disclosure in Asia Pacific and Outstanding Online Annual Report in Asia Pacific.
For IR Global Rankings 2011 (www.irglobalrankings.com), more than 500 publicly traded companies from over 35 countries have participated, including General Electric, Verizon, IBM, Microsoft, HSBC, CNOOC, Bank of China and Alibaba. Established in 1999, IR Global Rankings (IRGR) is the most comprehensive ranking system for investor relations websites, financial disclosure procedures, online annual reports and corporate governance practices. It is supported by key global institutions, such as Arnold & Porter, KPMG, MZ and Sodali. IRGR is based on extensive technical proprietary research of publicly traded companies through a clear and transparent methodology, executed by a team of experienced investor relations professionals and reviewed by independent audit and legal experts. As for the evaluation on investor relations websites, IRGR vigilantly analysed the following technical criteria: content, design and navigability, interactivity, technology and data handling, and timeliness.
In addition to online annual report, the annual report (in print) of the Company won six gold awards in 2011 International ARC Awards and Vision Awards Annual Report Competition by The League of American Communications Professionals LLC (LACP).
The awards above exhibit that global capital market appreciates and recognises China Telecom's outstanding corporate governance and transparency of international leading standard.
