CHINA TELECOM (00728.HK) -0.050 (-0.928%) Short selling $14.32M; Ratio 3.994% 's 1Q25 service revenue rose 0.3% YoY to RMB124.7 billion, 4% below market consensus, mainly due to a slowdown in its corporate business caused by macro headwinds, and management previously guided that it will exercise selective control over the profitability of corporate projects, UBS released a research report saying.CHINA TELECOM's quarterly service revenue growth lagged behind that of CHINA MOBILE (00941.HK) -0.400 (-0.491%) Short selling $138.17M; Ratio 7.773% and CHINA UNICOM (00762.HK) +0.020 (+0.226%) Short selling $17.26M; Ratio 4.529% , while net profit growth of 3.5% was broadly in line with that of CHINA MOBILE and lower than CHINA UNICOM's 5.6%.Related NewsDBS Top-down Screening for High-yield SOEs w/ Improving Metrics under New KPIs (Table)UBS lowered its 2025-2027 service revenue/ net profit forecasts for CHINA TELECOM by 2-8%, reflecting slower corporate business growth and faster depreciation growth. Therefore, the broker cut its target price to $6.6 from $6.8, with rating kept at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-30 16:25.)