MORGAN STANLEY: CHINA MOBILE TO HIT HKD70
AsiaInfo Services, November, 2006
AsiaInfo Services 11-08-2006 Morgan Stanley: China Mobile to Hit HKD70 BEIJING, Nov 08, 2006 (SinoCast via COMTEX) -- Although China Mobile, the largest mobile communication operator has hit its historical record to HKD 66.75 in Hong Kong stock bourse, some investors still believe that the stock still have a growth margin to leap. Meanwhile, Morgan Stanley, the world-famous financial service provider, predicts that the share price of the mobile communication is expected to hit HKD 70 in the near future. In the research report of Morgan Stanley, the financial service provider points out the poor profitability of China mainland's energy industry will set off the outstanding performance of the blue chip. Besides, it believes that the mobile communication operator is...
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