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Name | Symbol | Market | Type |
---|---|---|---|
China Mobile Limited | NYSE:CHL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 27.51 | 0 | 01:00:00 |
Access to the full company reports can be found at: www.ParagonReport.com/CHL www.ParagonReport.com/CTRP
A recent survey has shown that manufacturing in China, the world's second largest economy, expanded for the first time in 13 months. HSBC's Purchasing Managers' Index last week rose to 50.4 for November, any reading above 50 signals expansion. China's leaders have slashed interest rates twice since June and have announced $150 billion in infrastructure projects in attempts to boost its slowing economy.
"It shows that the policy easing has continued to support a growth recovery, and reinforces our view that growth will pick up strongly in the fourth quarter to 8.4% from 7.4% in the third quarter," said Nomura economist Zhiwei Zhang.
Paragon Report releases regular market updates on Chinese Equities so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.
As the leading mobile services provider in Mainland China, China Mobile boasts the world's largest mobile network and the world's largest mobile customer base. As of December 31, 2011, its total customer base was approximately 650 million. Shares of the company have gained over 15 percent year-to-date.
Ctrip.com International is a leading travel service provider of hotel accommodations, airline tickets, packaged tours and corporate travel management in China. The company reported revenues of $187 million for the third quarter of 2012, a 20 percent increase year-over-year. Shares of the company have rallied over 10 percent in the last week.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.paragonreport.com/disclaimer
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1 Year China Mobile Chart |
1 Month China Mobile Chart |
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