China Telecom Visits Europe to Promote $3 Billion Sale.

Byline: Robert Bailhache

Oct. 20--Officials from China Telecom, the country's biggest provider of wireline services which is aiming for a stock market flotation in Hong Kong and New York, will this week market the share offer through a series of investor presentations around Europe.

The initial public offering, the world's third largest and Asia's biggest during 2003, got off to a shaky start, but institutions have warmed to the proposition as global equity markets have rallied over the past 10 days.

Company executives and corporate financiers are