China Mobile shares fell the most in a year after Vodafone sold its stake in the company for $6.5 billion, nearly double what it paid, but analysts expect the stake sale to have no major impact on the Chinese firm.
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Samsung Electronics Co. will sell its Galaxy S smartphone in China through three Chinese mobile phone carriers. The phone will be offered by China Telecom Corp., China Mobile Ltd. and China Unicom (Hong Kong) Ltd., according to statement from Samsung today.
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Zacks.com featured expert Kevin Matras highlights: China Telecom Corporation Ltd., G-III Apparel Group, Ltd., Zhongpin Inc., Northern Oil and Gas, Inc. and Steven Madden, Ltd.
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China Mobile down after Vodafone sells
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China Mobile down 4.2 pct after Vodafone sells stake
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