Tagged By mobile

China Mobile Rating Cut at Morgan Stanley

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China Mobile LTD. shares were down 2% to $51.90 in early afternoon trading Wednesday after analysts at Morgan Stanley reduced the company’s rating by two notches to “underweight” from “overweight” with a price target of…

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China Unicom’s Ivory Tower

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China Unicom (Hong Kong) Ltd.’s painful 4 percent tumble on Wednesday is a crude reminder of the dangers of trading on reform hopes. The catalyst for the stock’s biggest drop in more than two months…

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