CHINA MOBILE'S MARKET VALUE JUMPED DRAMATICALLY
AsiaInfo Services, November, 2006
AsiaInfo Services 11-07-2006 China Mobile's Market Value Jumped Dramatically BEIJING, Nov 07, 2006 (SinoCast via COMTEX) -- Stimulated by the increase of target stock price, China Mobile's stock price increased dramatically on November 2, an increment rate of 4% with a new high. The market value of China Mobile in the Stock Exchange of Hongkong Limited (SEHK) exceeded HKD 1.3 trillion. The stock closed at HKD 51.5 in SEHK with the market value of more than HKD 1 trillion on August 11 while closed at USD 33.42 in New York with the market value of USD 132.58 billion.
Thus, the market value of China Mobile ranks first among the worldwide listed mobile communication enterprises. Three months later, its market value increased by HKD 300 billion. According to the...
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