Citi: Maintains "Buy" rating on China Telecom (00728.HK) with target price of HK$5.7; Q3 net profit below expectations

Citi research report noted that China Telecom's (00728.HK) Q3 2026 net profit was below expectations, but EBITDA performed better than expected, reflecting lower-than-expected non-operating items in Q3 and a recorded fair value loss. The bank maintained its "Buy" rating on China Telecom and target price of HK$5.7.