China Mobile had 6 analyst reports since August 21, 2015 according to SRatingsIntel.
The company announced an interim dividend of HK$1.623 (23 United States cents) per share and special dividend of HK$3.20 per share to celebrate the 20th anniversary of its Hong Kong listing. BidaskClub upgraded China Unicom (Hong Kong) from a "hold" rating to a "buy" rating in a research note on Tuesday, June 27th. Citigroup Inc. now owns 9,362 shares of the Wireless communications provider's stock worth $141,000 after buying an additional 8,247 shares in the last quarter. Zacks Investment Research raised shares of China Unicom (Hong Kong) from a "hold" rating to a "buy" rating and set a $16.00 price objective for the company in a report on Wednesday. Macquarie started coverage on China Unicom (Hong Kong) in a report on Thursday, March 23rd. Dimensional Fund Advisors LP now owns 3,947,974 shares of the Wireless communications provider's stock worth $218,001,000 after buying an additional 128,180 shares during the last quarter.
Xi swore in Hong Kong's new leader last month with a stark warning that Beijing won't tolerate any challenge to its authority in the city as it marked the 20th anniversary of its return from Britain to China. Finally, Morgan Stanley lowered shares of China Mobile (Hong Kong) from an "overweight" rating to an "underweight" rating in a research note on Wednesday, July 5th. China Mobile (Hong Kong) comprises 1.3% of Mondrian Investment Partners LTD's portfolio, making the stock its 29th largest position. Finally, Citigroup Inc. increased its stake in shares of China Unicom (Hong Kong) by 739.6% in the second quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of China Unicom (Hong Kong) during the fourth quarter worth about $116,000. Institutional investors and hedge funds own 1.21% of the company's stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. China Unicom (Hong Kong) now has a consensus rating of "Buy" and a consensus target price of $14.25.
Equities research analysts at Jefferies Group lifted their FY2018 earnings per share (EPS) estimates for China Unicom (Hong Kong) in a report released on Tuesday. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and worldwide copyright & trademark law. The original version of this story can be viewed at https://www.thestockobserver.com/2017/08/09/china-unicom-hong-kong-ltd-chu-position-cut-by-capstone-asset-management-co-updated.html. Company chares are trading at $14.98 which is a tad above the 50 day moving average which is $14.60 and well above the 200 day moving average of $13.50.
The company's P/E ratio is 249.67 and the market cap is 35.87B.
China Mobile, China's leading telecom services provider, reported higher profit growth on Thursday for the first half of this year.
China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. The Company's businesses include mobile businesses, fixed-line businesses and others. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Voice services include local calls, domestic and global long distance calls, roaming services and voice value-added services.