Psst! Real Money Making Opportunity – China Mobile Prepares for Listing
Submitted by Bill Belew on Friday, 7 September 2007No Comment
Psst! A real money making opportunity is looming.
China Mobile is China's largest mobile phone operator.
The company is preparing to list on the mainland stock market according to the Shanghai Securities News.
Early reports predict the IPO price for China Mobile to be about the share price on the Hong Kong market….HK$75.8.
China Mobile's turnover in the first half of this year…$21.9 billion up 21.6% on last
year.
China has some 450 million mobile phone users. That means there are 850 million people waiting to buy one.
There is a LOT of room for growth in the mobile phone market and China Mobile leads the way in China.
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