|Bid||77.900 x 0|
|Ask||77.950 x 0|
|Day's range||77.800 - 78.350|
|52-week range||77.800 - 91.300|
|PE ratio (TTM)||13.21|
|Forward dividend & yield||0.32 (3.05%)|
|1y target est||103.22|
MANILA, Philippines (AP) — Philippine President Rodrigo Duterte has offered to China an opportunity to operate a new, third telecommunications carrier in the country, his spokesman said Monday.
Across Asia, dividend payouts in 2017 are expected to grow by 12 percent year-on-year, a Reuters analysis showed, marking the largest increase in payouts since 2011. If, as consensus forecasts show, earnings growth stays strong into next year and 2019, there is plenty of room for Asian stock markets to rally beyond current multi-year highs. "2017 is the year when earnings finally recover after five years of disappointing growth in Asia," said Frank Benzimra, head of Asia equity strategy at Societe Generale in Hong Kong.
The Chinese telecom giant reported 4.6% year-on-year profit growth to CNY92.1 billion for the first nine months of the year, on 4.9% higher revenue of CNY569.5 billion. Here's Daiwa analyst Ramakrishna Maruvada's take on the results: The unmistakable conclusion for us is that China Mobile’s broadband business is gaining significant momentum fuelled by both market-share gains and average revenue per user (ARPU) increases. Meanwhile, we believe the elimination of domestic long-distance charges from September may have weighed on the mobile business, though customer additions suggest 4G subscriber growth momentum is slowing for China Mobile, while China Unicom is gaining ground.
Five MoneyShow.com contributors who follow technology stocks in China share ideas for long-term investors who are interested in the momentum of internet and social media stocks amid the volatility and risk of industries regulated by the Chinese government.
BEIJING--(BUSINESSWIRE)-- Spirent presents at the second China Mobile 5G C-RAN Wireless Cloud Network Forum Spirent Communications (LSE:SPT) announced today it has signed an agreement to partner with the ...
China Mobile is one of the world’s largest telecom companies, with a cellular customer base of 874 million and annual revenue of $112 billion. As a result, China Mobile’s U.S.-listed shares (CHL) have performed poorly in recent years, despite the company’s strong market position and solid outlook. China Mobile also paid a special dividend of $1.84 a share in August to mark its 20th anniversary as a public company.