CHINA TELECOM (00728) China Telecom Corporation (NYSE:CHA) - Announcements and Notices - EXTRAORDINARY GENERAL MEETING HELD ON 25 FEBRUARY 2008 - POLL RESULTS. As of the date of the EGM, the total number of issued shares of the Company was 80,932,368,321, which was the total number of shares entitling the holders to attend and vote for or against the special resolution. There were no restrictions on any shareholders casting votes on the proposed special resolution at the EGM. The EGM was held in compliance with the requirements of the Company Law of the People's Republic of China and the provisions of the articles of association of the Company.

In case you don't have direct access to news from the Hong Kong Stock Exchange but want to know what's going on with Chalco (ACH) regarding assets that its parent, Chinalco is offering, here is a press release.

Shares of Baidu.com, China's premier search engine, continues the rally it started yesterday on allegation that it acquired web browser company Maxthon. Baidu was heavily oversold lately despite stellar Q4 financial results. At this point Baidu.com Inc. (BIDU) has more upside potential as is demonstrated by its reaction to the positive news. Another top mover is Ctrip.com (CTRP), China's leading online travel agency. The stock is up $4.18 or 7.65% after reporting better than expected Q4 and 2007 full year financial result. Revenue topped forecast while earnings doubled.

Baidu.com, China' leading search engine company advanced an astonishing $21.05 to close. Oil majors rose on the back of crude prices above $100 a barrel, Petrochina, Sinopec and CNOOC all were market leaders. On the flip side Chinese solar companies contied the free fall following a mjor downgrade by Citi earlier the day. That's the scoop for the day.

Shanda Interactive (SNDA) opened $32.66 on Tuesday, up over 6% from $30.83 closing price on Monday. The stock is propelled by net revenue surge of 41% thanks to strong customer increase. Market sentiment is somewhat negative due to weak housing prices domestically. So let's take a closer look at Shanda's results, results that defy negative market sentiment.

Trina Solar (TSL) surprised investors with a stunning 15% steady advance throughout the day. Large cap stocks dominated today with CNOOC Ltd (CEO) gaining $4.00 on strong oil prices. Shanda (SNDA) continues to really before earnings announcement later this week. CHL is up $0.88 on news that industry restructuring might not take place as thought. CHU was sold heavily in overseas markets of Hong Kong and Shanghai earlier the day.

This is an industry that came out of literally nowhere over the past few years. Many of playeres are based in China and the stocks have been absolutly screemeers over the past year but many have been cut in half over the past months. And of course when a hot industry gets cut in half we start looking for opportunity.

National Development and Reform Commission Claimed Further Price Increases for Part of Production Materials Possible Intervention in Coal Price NDRC claimed yesterday (28th Jan) that in 2008, the prices of some production materials would keep increasing, which would further push up prices of related downstream product prices.

Reference is made to announcements of China Southern Airlines Company Limited (the “Company”) on 6 September 2005, 16 April 2007 and 28 June 2007. The Company had entered into a sale and purchase agreement with Airbus SNC on 6 September 2005 pursuant to which the Company agreed to purchase 10 Airbus A330 aircrafts from Airbus SNC. The acquisition was considered and approved at the 2005 First Extraordinary General Meeting of the Company on 16 December 2005.

U.S. listed Chinese stocks opened mixed today with large cap stocks advancing with the broad market while NASDAQ lisged small cap Chinese stocks suffered.

China Mobile reported record number of subscriber growth in the month of January 2008. CHL added 7.044 million new subscribers in January, now serving 376.38 million users -- more than the population of the United States. This is outpacing Unicom's relatively paltry 1 million-plus for the same time.

Oil companies pushed the China ADR Index (CAI) up 15 points by noon, easing some of the pain PetroChina stockholders had to endure in 2008. PetroChina is trading at $156.28, up $4.87 or 3.22% at noon. Offshore specialist CNOOC Ltd. is rinding on the back of strong oil prices, too. The stock is up $7.78 or 4.91% at $166.33 by noon.

Since Tietong is not listed, its financial data are not publicly available. From the release on its website, by the end of 2003, its total assets amounted to 43.1 billion, while China Netcom had 179.5 billion consolidated total assets and 74.4 billion company total assets and China Telecom had 305.6 billion consolidated total assets and 168.3 billion company total assets. Although Tietong’s network has not covered as large local network as China Netcom and China Telecom, it has covered all the area close to national railway network and almost all the business areas and major residential areas.

This analysis is by no means a full, detailed analysis of the latest financial disclosures. This is simply a reflection on the numbers, market reaction and estimate. Detailed, 8-10 pager reports are available for Chinavestor Subscribers only.

China Mobile (CHL), the largest telecommunication operator in China, enjoys the advantages of monopoly power, higher network coverage than its competitor China Unicom, strong customer loyalty and new customer acquisition abilities. In the near future, China telecommunication industry is expected to reform. The most likely restructuring plan would be that China Mobile (CHL) merges with the national railway's fixed-line unit, China Tietong. China Unicom's (CHU) GSM mobile business joins with China Netcom Group while China Telecom Corp (CHA), the country's top fixed-line operator, acquires Unicom's CDMA mobile telephone business

Let me start by saying that I am a retired Engineer and therefore I make no recommendations with regard to buying or selling stocks or securities of any kind. The information contained herein may not be correct. This is just a history of my past experience and I pass it on in a hope that it may provide some insights as to what has worked for me.

Despite sluggish domestic stock performance in 2007 China stock investors have a good reason to cheer. The Shanghai Composite Index climbed 96.7 percent on the year, making it the world’s best performing major bourse in 2007. Chinese companies listed in Hong Kong were just as strong, shooting up 59 percent followed closely by the broader Hang Seng Index. Hong Kong blue chips rose 39 percent in 2007, representing its best annual rise since 1999. All major Chinese indices ended 2007 on a high note, prompting questions how long the China bull will run.

Chinese ADRs are trading sideways by noon with strenght in the solar sector. Ja Solar is taking the lead followed closely by CSIQ and STP. Ja Solar is up $1.57 or 9.91% at $17.42 by noon. Another China NASDAQ Index (CQI) heavyweight, BIDU, is up $6.38 to trade at $240.69 after Pacific Crest analyst Steve Weinstein raised his rating on the stock to Outperform from Sector Perform, setting a $350 price target. Baidu.com is trying to find support at current price level after falling -38.33% YTD.

For the week, Chinese stocks sufered heavy losses. The "BEST" five stocks for the week were: LONG, TSL, UTSI, SNP and HTX. ELong Inc. said it will announce fourth quarter financial results on February 26, 2008. There is a strong chance that the company will beat analysts expectations, estimates that the company will return to the black. Elong has long been conceived as underdog when it came to industry rival Ctrip.com (CTRP). Ctrip.com has been delivering strong earnings with impressive earnings growth and came under fire lately after heavy snowstorms created havoc right before the Chinese New Year. Bad weather halted trains, mass transportation all over China, denting into CTRP's profit.

With no action in China in due to the Chinese New Year kicking in, U.S. listed Chinese stocks or adrs tracked U.S. market sentiment very closely. Regarding the home market, Wall Street finished a dismal week with a mixed performance Friday as investors grappled with fears about insurers of distressed mortgage-backed bonds and anxiety about the broader economy. The DJIA dropped over 60 points while the NASDAQ composite gained.

Chinese New Year celebrations closed down the Hong Kong and Shanghai Stock exchanges. This has no effect on the trading of Chinese stocks listed on U.S. exchanges. The China ADR Index (CAI) gained 21.14 points on Thursday, fueled by strong gains in the telecom sector, particularly CHL.

1:00 pm : The major indices are trading near their best levels of the session after a broad-based rebound. Baidu.com Inc. (BIDU) came back especially strong lifing the China NASDAQ ADR Index or CQI. China's solar companies are showing some strength, JA Solar Holdings Co. (JASO) and China Sunergy Co. (CSUN) in particular.

Chinese stocks pulled back on jittery U.S. market sentiment after a Federal Reserve official suggested rising inflation could prevent the central bank from making further interest rate cuts. The measure for the performance of Chinese stocks on U.S. exchanges, the China ADR Index (CAI), lost -29.34 points today to close at 838.4.

National Development and Reform Commission (NDRC) admitted yesterday (on the 28th) in the “Year 2007 economic news conference” that in 2008, prices will continue to rise. This will have effect on the consumer market prices as they will continue to increase.

The biggest driver of Chinese economic development is export, and the U.S. is the second biggest trading partner with China. If the U.S. slows down, I think consumer products will definitely feel it seriously. Chinese officials have stated that the U.S. slow-down would have a negative effect on Chinese export. Of course, we can say, there are still other countries, but in my opinion, they do not have as strong consumption power as the U.S. has. The trading relationship between us and EU is not quite good. The EU committee has issued a number of policies against importing Chinese goods, such as, anti-products-dumping.

This article is just too funny. I just turned bearish on Yanzhou Coal for the short-term, telling investors in my Newsletter that power outages in China is partially blamed on coal mines and Beijing is considering to interviene in coal prices to keep supply abundant for power generators.