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China Mobile drops 2% Credit Suisse continues to evaluate the city

Source: Internet
Author: User
Keywords China Mobile Premium HK $
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China Mobile fell 1.97% to HK $77.1 after a low shock this morning, trading 12.56 million shares.　　Credit Suisse issued a report saying the unit was maintained at the big city rating, with a target price of HK $78, a small premium over market prices. Credit Suisse, which is still wary of the Chinese telecoms unit, is increasingly worried about increased competition and slowing growth, but still sees China Mobile as a preferred unit on the grounds that it is more attractive, has a large share of indices and is lagging behind the market.

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