Bank of America keeps HKD 6.00 target for China Telecom stock

Published on 10/20/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China Telecom reviews nine-month results on October 22, 2026. China Telecom stock stood at HKD 4.58 versus its HKD 6.08 52-week high on October 20, 2026.

Targets and reporting dates

Bank of America Securities maintained a HKD 6.00 target on October 16, 2026.
China Telecom's board meeting on October 22, 2026 will review nine-month results.
China Telecom stock was last at HKD 4.58 at 4:08 p.m. HKT on October 20, 2026.

China Telecom, CNE1000002V2, Illustration mit AI erstellt.

China Telecom (CNE1000002V2) remains under analyst scrutiny after Bank of America Securities maintained a Buy rating and a HKD 6.00 price target in a report dated October 16, 2026. The company is scheduled to review its nine-month results at a board meeting on October 22, 2026.

Three recent signals for China Telecom

China Telecom Corporation Limited has moved into an important reporting window. TipRanks reported on October 9, 2026 that the board would review results for the nine months ended September 30, 2026.

On October 14, 2026, Markets Insider reported that Bank of China maintained a Buy rating and a HKD 6.96 price target. The report also cited second-quarter revenue of HKD 127.07 billion and net profit of HKD 12.19 billion for the quarter ended June 30, 2026, compared with HKD 133.92 billion and HKD 14.15 billion a year earlier.

Bank of America Securities then kept its HKD 6.00 target on October 16, 2026. The two targets give investors a concrete range for the analyst view ahead of the next company disclosure, although they are not identical assessments.

What does the October 22 meeting add?

The board meeting is expected to review unaudited results for the nine months ended September 30, 2026. TipRanks identifies October 22, 2026 as the meeting date, while Simply Wall St lists October 23, 2026 as the expected reporting date. The distinction matters because the board review and the public results release are separate steps.

HKEX price and market value

China Telecom provides mobile, fixed-line, broadband, cloud, computing-power, artificial-intelligence and related digital services, according to Investing.com. Its HKEX share price was last at HKD 4.58 on October 20, 2026 at 4:08 p.m. HKT, while the 52-week range was HKD 4.24 to HKD 6.08. The market capitalization was HKD 525.5 billion on the same quote.

For investors, the immediate test is whether the nine-month figures support the valuation implied by targets of HKD 6.00 and HKD 6.96. China Telecom was last at HKD 4.58 on HKEX on October 20, 2026 at 4:08 p.m. HKT.