HONG KONG, Oct. 15, 2018 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) was delighted to be voted as "Most Honored Companies in Asia" in the All-Asia-Executive Team Poll 2018 by Institutional Investor, a prestigious financial magazine. The Company won this award every single year of the poll's eight-year history.
The All-Asia-Executive Team Poll 2018 received votes from a record total of over 3,500 buy-side investors and nearly 1,000 sell-side analysts that represent an estimated US$1.6 trillion in Asian (ex-Japan) equities in order to elect and rank distinguished companies and executives in the region. In this poll, the Company was honored as "Most Honored Companies in Asia" out of nearly 2,400 nominated companies that received votes. China Telecom and its key executives also received top three rankings in multiple categories in the "Telecommunications" sector:
Furthermore, China Telecom was also voted as "Most Outstanding Company in Hong Kong - Telecommunication Services Sector" in the Asia's Outstanding Companies Poll 2018 by Asiamoney, and was the only telecom operator in China and Hong Kong to receive such honor. Asiamoney invited over 2,000 sell-side analysts and 7,000 investors from more than 3,000 institutions to participate in the survey, nominating the top companies in various sectors. The "Outstanding Company" winners racked up the most votes in their respective regions, demonstrating the voters' recognition of their stable business models, innovative approaches to their industries, strong leadership in their sectors and locations, and most importantly their worthiness of recognition.
China Telecom would like to express sincere gratitude to the capital market and investors for their support and trust all along, and will continue to enhance its corporate governance levels.