The company is trading down from yesterday’s close of $52.06. Company shares last traded at $51.50 just a bit lower than the 50 day moving average which is $54.48 and just below the 200 day…
Tagged By unicom
China Mobile Ltd.
China Mobile Ltd. operates as an investment holding company, which through its subsidiaries provides telecommunications services in Mainland China. The company was founded on September 3, 1997 and is headquartered in Hong Kong. China Mobile…
BidaskClub Lowers China Unicom (Hong Kong) Ltd (NYSE:CHU) to Hold
Matthews International Capital Management LLC owned about 0.14% of China Mobile (Hong Kong) worth $318,593,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors also recently made changes…
China Mobile Downgrade: “Significant Deterioration” Ahead
Morgan Stanley downgraded shares of China Mobile by two notches saying that long-term returns are likely to suffer as a steep-and-long 5G spending cycle plays out. “We expect 5G capex to commence in 2019 with…
Cubic Telecom, China Mobile, Valid to deliver LTE connectivity enablement
Cubic Telecom, China Mobile, and Valid have partnered to deliver LTE Connectivity Enablement to global IoT customers in China, the companies said. This partnership provides eSIM technology, making LTE connectivity and subscription management easier for…
China Mobile Rating Cut at Morgan Stanley
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…
China fears cyberattacks designed to steal coveted technology, envoy says
OTTAWA – China fears cyberattacks because it is creating cutting-edge technology that others will want to steal, says its envoy to Canada, a rebuttal of the widely held view that the country is a leader…
China fears cyberattacks designed to steal coveted technology, envoy to Canada says
OTTAWA – China fears cyberattacks because it is creating cutting-edge technology that others will want to steal, says its envoy to Canada, a rebuttal of the widely held view that the country is a leader…
China Unicom’s Ivory Tower
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…
China’s ‘dockless’ bike sharing could be coming to a street near you
One of China’s largest operators, Mobike, unleashed 1,000 of its orange-wheeled bicycles in the rainy English city of Manchester. Chinese startups want to export their bike-sharing revolution all around the world. The companies are rolling…
China sees free trade with Canada as way to avoid future Norsat-like uncertainty
OTTAWA – China is hoping a future free-trade deal with Canada will help it avoid future controversies such as the national security concerns that surfaced over a Chinese takeover of a Canadian satellite technology company.…
After China spending spree, rainmaker Hu says time to look closer to home
BEIJING Primavera Capital Group, one of China’s largest private-equity firms, is paying closer attention to domestic opportunities in sectors such as health and technology in the face of stricter capital controls at home and rising…
China detains dozens over funding of elevated bus project
To many people, China’s futuristic road-straddling bus seemed too good to be true. Now, authorities say it may have been little more than a scam. Beijing police said this week they have detained 32 people,…
