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CHINA TELECOM Guides 9.2% Drop in Capex This Yr, Plans Moderate Advance Deployment of Computing Infra
CHINA TELECOM (00728.HK) guided its capital expenditure for this year to be RMB73 billion, representing a YoY downfall of 9.2%. Among this, investment in computing infrastructure w...
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CHINA TELECOM Guides 9.2% Drop in Capex This Yr, Plans Moderate Advance Deployment of Computing Infra
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CHINA TELECOM (00728.HK)  +0.040 (+0.813%)    Short selling $74.44M; Ratio 27.670%   guided its capital expenditure for this year to be RMB73 billion, representing a YoY downfall of 9.2%. Among this, investment in computing infrastructure was set to mount 26% YoY, raising its proportion to 35%.

Chairman cum CEO Ke Ruiwen stated that AI Data Centers (AI DC) will be the major source of future revenue and profit, with more than 20 high-power projects already in place, totaling 1.2 gigawatts and contract amounts exceeding RMB100 million.

Entering the "15th Five-Year Plan" period, the company will moderately advance the construction of computing infrastructure, including AI DC construction, Ke said.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-09 16:25.)

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