Players in China Telecom re-org: foreign investment banks

Reading Time: 2 minutes I planned to write more about China telecom re-org (revamp, reform) after the recent announcement. Now the CFA test is over, I have more time to think about this. A few days ago I read this interesting Chinese article which describes some foreign investment banks actions after the re-org news (Appendix). Let me try to… Continue reading Players in China Telecom re-org: foreign investment banks

Second thought on China Mobile CHL

Reading Time: 3 minutes (Update May 26 11:35PM) Just found the Google finance has the wrong EPS and PE ((EPS 2.62, PE 29.92) for CHL. Yahoo finance has the right number for CHL: ttm EPS $3.08, PE 25.44 as of Friday May 23. Market sentiment GS downgrade (Bloomberg): the ladies at Goldman Sachs cut the rating of 0941 (China… Continue reading Second thought on China Mobile CHL