HONG KONG, Aug. 19, 2014 /PRNewswire/ — China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the Company has been voted by professional investors "No.1 Most Honored Company in Asia" in Institutional Investor 2014 All-Asia-Executive Team ranking. Mr. Wang Xiaochu, Chairman and CEO of China Telecom was voted again "Asia’s Best CEO in Telecommunications Sector", while Madam Wu Andi, Executive Vice President and CFO of the Company, was voted "Asia’s Best CFO in Telecommunications Sector". Besides, China Telecom was also ranked as "Asia’s Best Investor Relations Company in Telecommunications Sector".
The recognitions above are testament that China Telecom’s strategic execution capability, leading management performance and strong commitment to good corporate governance with consistently high standard of transparency in Asia are highly valued by professional investment managers and analysts. China Telecom would like to express its sincere thanks to investors and the investment community for their continuous support.
2014 All-Asia-Executive Team ranking, which is organised for the fourth year to recognise Asia ex-Japan region’s executives and companies, received opinion from over 860 buy-side analysts and money managers at nearly 520 firms that collectively manage an estimated US$1.04 trillion in Asian (ex-Japanese) equities and over 650 sell-side analysts in over 90 brokerages. The poll participants were asked to nominate best executives and companies in their coverage universe those standing out at a number of management attributes.