China Telecom Group has two listed companies-China Telecom Co., Ltd. and China Communications Service Co., Ltd.
China Telecom Co., Ltd. is a listed company established after the reorganization of some assets of China Telecom Group. Its H shares are listed on the New York Stock Exchange (in the form of ADR) and the Hong Kong Stock Exchange respectively, and China Telecom Group holds more than 70% of the shares of the company.