|Bid||70.400 x 0|
|Ask||70.400 x 0|
|Day's Range||70.050 - 71.000|
|52 Week Range||67.850 - 87.700|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||10.76|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||3.22 (4.53%)|
|1y Target Est||86.68|
commercial licences to its three telecoms carriers and a cable television network to roll out the next generation of mobile internet. The race to 5G has become a focal point in US-China tensions, as China threatens to overtake its rival in building networks that will enable everything from instant film downloads to self-driving cars. Michelle Wei, telecoms analyst at JPMorgan, said the decision to issue the licences was a show of bravado intended to “send a message to the world that China is capable of pushing forward 5G, and also to motivate domestic supply chain players”.
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Warning! GuruFocus has detected 2 Warning Sign with CHL. Thus, the following stocks have price-earnings ratios of less than 11.74 as of May 20 ( the price-earnings ratio is the inverse of the earnings yield) . Wall Street issued an overweight recommendation rating for all of them, suggesting their share price will head higher in the coming weeks.
President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei, three U.S. officials familiar with the plan told Reuters. The executive order would invoke the International Emergency Economic Powers Act, which gives the president the authority to regulate commerce in response to a national emergency that threatens the United States. The order will direct the Commerce Department, working with other government agencies, to draw up a plan for enforcement, the sources said.
China stock funds tumbled Monday as China upped the ante in the ongoing U.S.-China trade war by slapping tariffs on $60 billion in U.S. goods.
WASHINGTON/HONG KONG (Reuters) - China urged Washington on Friday to stop putting "unreasonable pressure" on Chinese companies after U.S. regulators voted to deny market access to China Mobile Ltd and suggested they could revoke approvals given to two other Chinese carriers. The Federal Communications Commission voted unanimously on Thursday to deny an eight-year long bid from China Mobile, the largest Chinese telecom carrier, to provide services in the United States, citing risks that the Chinese government could use the approval to conduct espionage against the U.S. government.
The FCC voted 5-0 to deny China Mobile’s request to enter the U.S. market, after being urged to do so by the Trump administration. FCC Chairman Ajit Pai after the vote said the agency is “looking at” authorizations granted earlier to China Telecom and China Unicom.
Attempts to persuade other governments to exclude Huawei equipment from the next generation of super-fast mobile networks have hit a wall -- even among close allies. "Now is the exact opposite time to go wobbly," he said, invoking the famous locution that Margaret Thatcher, the U.K. prime minister from 1979 to 1990, used to spur the U.S. into sending troops to Kuwait after Iraq invaded it in 1990. Huawei, meanwhile, is piling up record sales, forging into new markets, passing Apple Inc. as a phone maker and cementing its position as a leading global supplier of telecom gear.
NEW YORK (AP) — U.S. communications regulators on Thursday rejected a Chinese telecom company's application to provide service in the U.S. due to national security risks amid an escalation in tensions between the two countries.
The Federal Communications Commission voted unanimously on Thursday to deny China Mobile Ltd's bid to provide U.S. telecommunications services and said it was reviewing similar approvals held by two other Chinese telecom firms. China Mobile, which is owned by the Chinese government, sought approval in 2011 to provide interconnection services for phone calls between the United States and other countries. The approval would have given it enhanced access to U.S. telephone lines, fiber-optic cable, cellular networks and communications satellites.
FCC Chairman Ajit Pai signaled that he wanted to reject China Mobile'sapplication to become a telecom provider in the US, and the agency has justacted on that promise
HONG KONG , April 29, 2019 /PRNewswire/ -- China Mobile Limited (the "Company") (HKEx: 941) (NYSE: CHL) announced today that it has filed its Annual Report on Form 20-F for the year ended December ...
April 29 (Reuters) - China Mobile Ltd: * UPDATES ON INVESTIGATION BY STATE ADMINISTRATION FOR MARKET REGULATION OF PRC * SAMR INVESTIGATING IF SOME SALES ACTIVITIES OF CUSTOMIZED 4G+ HANDSETS OF 4 OF GROUP'S ...
Today we are going to look at China Mobile Limited (HKG:941) to see whether it might be an attractive investment prospect. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profita...
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)A total of 60% of the world’s 4G base stations are in China Ericsson (ERIC) expects Chinese operators to begin deploying 5G networks in the coming months, executives
April 23 (Reuters) - China Mobile Ltd: * Q1 PROFIT ATTRIBUTABLE RMB23.7 BILLION, DOWN BY 8.3% OVER SAME PERIOD LAST YEAR * Q1 OPERATING REVENUE WAS RMB185.0 BILLION, DOWN BY 0.3% Source text for Eikon: ...
The California Democrat disclosed March stock trades made by an account belonging to her husband. The China Mobile investment appears to be new.
CNBC's Kayla Tausche reports on the FCC's decision to deny Chinese cellular carrier China Mobile access to the U.S. market. This comes as trade tensions between the U.S. and China continue to escalate.