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4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  China Mobile Ltd.    0941   HK0941009539

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

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05/20/2012 | 03:48pm CEST

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

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Latest news on CHINA MOBILE LTD.
08/19 CHINA MOBILE : 4G net adds rise to 12.32m in July
08/18 HSI opens down 344 pts to 26,999; H-share -102 pts at 10,699
08/18 Foreign companies target new economy
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08/14 HSI opens up 208 pts to 27,091; H-share up 87 pts at 10,660
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Financials ( CNY)
Sales 2017 747 690 M
EBIT 2017 122 464 M
Net income 2017 114 081 M
Finance 2017 368 535 M
Yield 2017 5,62%
P/E ratio 2017 13,18
P/E ratio 2018 12,34
EV / Sales 2017 1,52x
EV / Sales 2018 1,39x
Capitalization 1 508 325 M
Chart CHINA MOBILE LTD.
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China Mobile Ltd. Technical Analysis Chart | 0941 | HK0941009539 | 4-Traders
Technical analysis trends CHINA MOBILE LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 90,6  CNY
Spread / Average Target 23%
EPS Revisions
Managers
NameTitle
Yue Li Chief Executive Officer & Executive Director
Bing Shang Chairman
Xin Dong Chief Financial Officer, Executive Director & VP
Ai Li Liu Executive Director & Vice President
Kwong Shing Wong Independent Non-Executive Director
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