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Mainland tecos are about the release 3Q results next week. Standard Chartered, in its latest research report, said though all telcos planned to reduce sales and subsidies expenses, with the impact of VAT started on 1 June, the 3Q results are not expected to be surprising. It is estimated that CHINA UNICOM (00762.HK)  -0.020 (-0.175%)    Short selling $9.50M; Ratio 3.830%   can register growth, while CHINA MOBILE (00941.HK)  +0.900 (+0.979%)    Short selling $270.71M; Ratio 16.598%   and CHINA TELECOM (00728.HK)  +0.140 (+3.017%)    Short selling $40.64M; Ratio 11.893%   earnings may register double-digit decline on a yearly basis.
Of the three stocks, Standared Chartered preferred China Unicom and China Telecom.

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