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Stock Market & Financial Investment News

News Breaks
March 15, 2013
06:18 EDTCHLChina Mobile aims to sell 100M-120M TD-SCDMA handsets in 2013, DigiTimes says
China Mobile (CHL) aims to sell 100M-200M TD-SCDMA handsets in 2013, reports DigiTimes. Company president Li Yue said expects TD-SCDMA subscribers to increase to 87.93M at the end of the year. Reference Link
News For CHL 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.

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