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Stock Market & Financial Investment News

News Breaks
January 14, 2014
06:18 EDTCHLChina Mobile to reduce format specification to 3-mode models, DigiTimes says
China Mobile has reduced the format specification requirement to 3-mode models from 5-mode and 10-frequency band smartphones for 2014 procurement, reports DigiTimes. According to Taiwan-based supply chain makers, the move is expected to benefit China-based IC design houses and smartphone vendors. 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.
August 20, 2015
08:33 EDTCHLChina Telecom results 'relatively strong,' says Bernstein
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