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Stock Market & Financial Investment News

News Breaks
March 21, 2013
10:39 EDTCHA, CHLChina Mobile to look to charge for WeChat, China Daily says
China Mobile (CHL) Chairman Xi Guohua said the company would seek to levy charges for WeChat, a service that allows cell phone users to talk, , text, and transfer images, mostly free of charge, according to China Daily. WeChat is operated by Chinese Internet giant Tencent. Reference Link
News For CHL;CHA From The Last 14 Days
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August 21, 2015
07:45 EDTCHLChina Mobile reported strong results, says Bernstein
Bernstein believes that China Mobile's first half results were strong, as its EBITDA rose by 7.2% and its operating revenue advanced 4.9%, although its net profit dropped 0.8%. Bernstein points out that its results were negatively impacted by changes in VAT taxation and its sales and marketing model. The firm thinks that the company's Q2 results improved versus Q1. Bernstein expects the company's results to improve further going forward, and it keeps an Outperform rating on the shares.
August 20, 2015
09:48 EDTCHAChina Telecom upgraded to Neutral from Sell at Citi
08:33 EDTCHA, CHLChina Telecom results 'relatively strong,' says Bernstein
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