Out of 3 analysts covering China Mobile (NYSE:CHL), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $76.13 is the highest target while $76.13 is the lowest. The $76.13…
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Today’s Rating Change: Bernstein Says Its Time To Downgrade China Mobile (NYSE:CHL)
Out of 3 analysts covering China Mobile (NYSE:CHL), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $76.13 is the highest target while $76.13 is the lowest. The $76.13…
China Mobile and Intel: Lessons Learned from a Large Scale Deployment
I had the pleasure this summer of hearing Jonathan Bryce, Executive Director of the OpenStack Foundation, speak at several OpenStack community events. One of the things he identified as critical for accelerating OpenStack adoption was…
HKBN Mobile Services Introduces Greater China 4G Plans for Corporate Customers
HONG KONG, Oct. 30, 2016 /PRNewswire/ — Since launching its mobile services for the residential market in September, Hong Kong Broadband Network Limited (“HKBN”) has garnered a tremendous response from customers. Leveraging this stream of…
China Mobile Ltd. (CHL) Downgraded to “Sell” at Zacks Investment Research
China Mobile Ltd. (NYSE:CHL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday. According to Zacks, “China Mobile offers mobile communications services…
China Mobile Profit Increases 3.1% on Rise in 4G Subscribers
China Mobile Ltd.’s profit rose 3.1 percent for the first nine months of the year as the company’s expanded 4G network drew new subscribers. Net income increased to 88.1 billion yuan ($13 billion), compared with…
China Telecom impresses on 4G, data growth
China Telecom, the country’s third largest mobile operator, reported strong results for the January to September period, with its profit and revenue rising 7 per cent and its 4G user base nearly doubling since the…
China Banks Test Regulator’s Tolerance by Cutting Crisis Buffers
Two of China’s biggest banks, Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., are testing their regulator’s tolerance by protecting profits at the expense of bad-loan buffers. ICBC and Construction Bank…
China Construction Bank’s Bad-Loan Buffer Slips Below Minimum
China Construction Bank Corp. ground out a 1.3 percent gain in quarterly profit — by letting its bad-loan buffer fall below a regulatory minimum. The lender’s loan-loss coverage ratio was 148.8 percent, less than the…
China’s industrial bank willing to provide finances for industrial projects along CPEC
Industrial and Commercial Bank of China (ICBC) has shown its willingness to support Pakistan in boosting its industrial growth, under the China-Pakistan Economic corridor’s package. The Bank’s officials said here on Thursday that the Bank…
China regulator tells banks to boost property loans risk management
BEIJING China’s banking regulator has asked lenders to step up risk management of property loans amid record gains in house prices that have raised concerns of price bubbles and ballooning debts. Controlling real estate business…
China’s big 5 banks lost 274 billion yuan in bad debt write-offs in first nine months
Led by the Agricultural Bank of China, which set the industry record for worst NPL ratio of 2.39 per cent, the average NPL ratio at the national “big five” has climbed back to 1.72 per…
China’s central bank raises obscure rate to send clear message
An obscure interest rate reached between China’s central bank and lenders in a treasury fund auction has jumped, causing jitters in the onshore bond market on Monday and delivering a message that the People’s Bank…
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