Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Stock Exchange of Hong Kong  >  China Mobile Ltd.    0941

News SummaryMost relevantAll newsSector news 

China Mobile Ltd : China's State Firms To Invest CNY350.6 Billion In Chongqing - Report

05/20/2012 | 09:48am US/Eastern

A delegation of China's top state-owned enterprises have signed contracts worth CNY350.6 billion ($55.5 billion) with the southwestern city Chongqing, previously run by ousted leader Bo Xilai, the Economic Observer reported.

Thirty SOEs, including the China National Petroleum Corp. and China Mobile, inked 72 contracts with the Chongqing municipal government last week to invest in sectors such as energy and industry, according to a report posted on the newspaper's website Saturday.

"The central government's full support, at a time critical time for Chongqing's development, is especially precious," Chongqing Mayor Huang Qifan was quoted as saying.

The move shows Beijing's support for Chongqing's growth, which so far has been driven by industry and investment, after the fall of its former leader.

Newspaper website: http://www.eeo.com.cn

-By China Bureau, Dow Jones Newswires; (8610) 8400-7799; djnews.beijing@dowjones.com

React to this article
Latest news on CHINA MOBILE LTD.
01:15p Apple denies plan to sell mobile services directly to consumers
08/03 HSI opens down 47 pts to 24,364; H-shr down 42 pts to 10,967
08/03 French firm comes up with China's number
08/03 HUAWEI TECHNOLOGY : wins largest share of China Mobile VoLTE project
08/02 HSI opens down 103 pts to 24,533; H-shr down 58pts to 11,073
08/02 French firm comes up with China's number
08/02 French firm comes up with China's number
07/31 HSI opens up 152 pts to 24,650; H-share up 67 pts to 11,204
07/31 CHINA MOBILE : Broadband Squeeze
07/30 ZTE : Won Largest Share of CM-IMS Phase 2
Duration : Period :
China Mobile Ltd. Technical Analysis Chart | 0941 | HK0941009539 | 4-Traders
Income Statement Evolution
More Financials