News coverage about China Mobile (Hong Kong) (NYSE:CHL) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. China Mobile (Hong Kong) earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the Wireless communications provider an impact score of 46.0289687063841 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Stock Traders Buy Large Volume of China Mobile (Hong Kong) Call Options (CHL) (americanbankingnews.com)
- China’s tech giants reach global elite with gamers, shoppers (gdnonline.com)
- BRIEF-China Mobile to spend 2.0 bln yuan on customer subsidies for IoT services technology in 2018 (finance.yahoo.com)
- Harborx Presented at FinovateAsia 2017 in Hong Kong (einpresswire.com)
- BRIEF-China Mobile expects 4G cusomers to exceed 700 mln in 2018 (finance.yahoo.com)
Several equities analysts recently commented on CHL shares. Zacks Investment Research lowered shares of China Mobile (Hong Kong) from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Bank of America Corporation began coverage on shares of China Mobile (Hong Kong) in a research note on Wednesday, August 30th. They set a “buy” rating for the company. Finally, BidaskClub downgraded shares of China Mobile (Hong Kong) from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $57.00.
China Mobile (NYSE:CHL) traded up $0.72 on Monday, reaching $51.31. 534,100 shares of the company’s stock traded hands, compared to its average volume of 634,534. China Mobile has a 12 month low of $50.00 and a 12 month high of $58.83.
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China Mobile (Hong Kong) Company Profile
China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.
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