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.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, China, Stocks, Exchanges, Influence, Hedge funds

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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.

Singapore, Singapore Telecom

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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.

Sales, profits & dividends, Market share, Hong Kong, Statistical Data Included

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