Might be a good entry but some will wait a bit to see what the pricing & subsidies are and get some more information on how the sign-ups are going as they approach the Jan 17th launch date. CHL has a big head start on 4G if they can continue to roll out more cities,on schedule, in 2014 as they've promised.
A couple things....China is going through a monetary policy issue which has been effecting Chinese stocks as a whole. Secondly its a short trading week which means a lot of the big money usually exit positions and will usually wait until next week to open new ones.
It is great news. Apple contract and the 4G roll out will definitely add to their customer base. I've also noticed more news articles talking about how the deal with effect CHL as opposed to concentrating on Apple, which is great that we're finally getting some publicity.