Follow on Google News News By Tag * China Mobile * Chl * China * Cfc * Www Chinafc Net * US * Stock * Market * Nyse * China Finance Centre * Saq * Ratings * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | China Finance Centre Announces Increase of SAQ Rating of CHINA MOBILE to Highest RankingRecent Performance of CHINA MOBILE Provides Basis For CFC’s China Business Watch To Increase Stock Highest Current SAQ Rating at 7.0
By: ChinaFinance Centre /William J. Hallenbeck The Beijing-based company is the world’s largest wireless operator and China’s dominant mobile phone carrier. China Mobile recently reported a 35.5% increase in value-added service revenue that helped maintain its average revenue per subscriber, even as average voice revenue per minute dropped 19.3%. The company announced that its first-half profits rose 25.7 percent from a year earlier on strong growth in value-added services. Earnings totaled 37.9 billion yuan ($5 billion) in the six months ending June 31, China Mobile announced. It said revenues grew 21.6 percent to 166.6 billion yuan ($21.9 billion). Revenues for value-added services jumped by 35.5 percent to 41.9 billion yuan ($5.5 billion). The Statistical Analysis Quotient Rating (SAQ) Service is an exclusive feature of China Finance Centre that monitors the performance of over 300 stocks of companies with operations in China. The SAQ Report tracks and rates the stocks against a matrix of comparative performance factors, including fundamentals, technical analysis, liquidity, safety, regulatory compliance and timely filings, shareholder relations, and U.S. Trading Market Qualifications. The SAQ rates company performance on a 1-10 scale. SAQ Ratings are published weekly in China Business Watch and updated daily in CBW Daily Ratings Alert service. The ratings and publications can be found at the CFC Web Portal- www.chinafc.net About CHINA FINANCE CENTRE (CFC) CHINA FINANCE CENTRE (CFC) is a first of its kind, permanent conference/trade exposition facility, specifically designed to assist, increase and expand investment and business opportunities between China and the U.S. CFC has been developed as a world class, state of the art China Business Exposition- Conference Center and information resource using operations centers both on Wall Street and in mid-town at Rockefeller Center in New York City. WJ Hallenbeck President China Finance Centre 515Madison Ave New York, NY 10022 Tel 9145880216 Fax 8019269269 eMail: wjhalle@attg.net Web : www.chinafc.net # # # About CHINA FINANCE CENTRE (CFC) CHINA FINANCE CENTRE (CFC) is a first of its kind, permanent conference/trade exposition facility, specifically designed to assist, increase and expand investment and business opportunities between China and the U.S. CFC has been developed as a world class, state of the art China Business Exposition- Conference Center and information resource using operations centers both on Wall Street and in mid-town at Rockefeller Center in New York City. Website: www.chinafc.net End
|
|