China Mobile micro-liter Macquarie to win in the short run
Source: Internet
Author: User
Morning market slightly made China Mobile afternoon soft, the share price is only slightly up 0.13% to HK $78.8, deal 16.13 million shares. Macquarie issued a report saying it maintained the neutral rating, giving a target price of HK $81, a 3% premium over market value. Macquarie pointed out that China Mobile is the main backward stock, historically, valuations are significantly lower than the Chinese market and similar telecommunications stocks, short-term relative to run the possibility of winning. Moreover, signs of increased usage, reduced competitive pressures, and the postponement of China Unicom's 3G service, low regulatory/policy risks are 00762-HK to China Mobile, while the 20-f table (to meet US regulatory requirements) is described in detail about the growth opportunities in China's rural market, and the advantages in mobile marketing.
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