China Mobile Limited
Overview: The thin line between frontier and emerging markets
Going to frontier markets offers more of an opportunity to discover the most overlooked companies.
Why Qualcomm benefits from China’s LTE adoption progress
Qualcomm earns about half of its revenues from China, making it an important market for the company. It depends heavily on the faster adoption of high-speed LTE technology in emerging markets such as China.
China’s Industrial Profits Accelerate in June
According to the National Bureau of Statistics, China’s industrial profits for firms above a designated size rose by 5.1% year-over-year to 616.3 billion yuan ($92.4 billion) in June.
Are Emerging Markets Cracking or Crashing on Greece Woes?
Chinese shares contributed significantly to the downfall of emerging market funds, as the iShares MSCI China Index ETF sank 2.84% on Monday.
Must-know: What to expect from Qualcomm this fiscal year
Qualcomm’s improved EPS guidance is mainly because of the continued adoption of LTE technology by Chinese telecommunication providers such as China Mobile (CHL), China Telecom (CHA), and China Unicom (CHU).
Analyzing China’s Leading Economic Index
China’s Leading Economic Index currently indicates that the country’s economy is facing a downturn. Its LEI remained unchanged at 98.71 points in July 2015.
China’s Official Manufacturing PMI Nudged Down in November
China’s official Manufacturing PMI reading for November was slightly down and came at 49.6 as compared to 49.8 in October. This index is released every month.
Are There Parallels in China’s Stock Market Bubbles?
The bubbles created in China’s stock market in 2007 and 2015–2016 show that stocks fell ~65.0% and ~41.0%, respectively.
China’s New Loan and Aggregate Financing Plans: Are They Working?
New loans issued by Chinese banks rose to 1.4 trillion yuan ($211.2 billion) up from 726.6 billion yuan ($112.0 billion) in February 2016.
How to Invest in Singapore Equities
Leading the ETF pack for investing in Singapore equities is the iShares MSCI Singapore ETF (EWS).
Online Sales Boosted Chinese Retail in September
According to the National Bureau of Statistics of China, retail sales reached 2,527.1 billion yuan, up by 10.9% in September as against 10.8% in August 2015.
Why Chinese carriers cutting smartphone subsidies affects Apple
China’s telecom providers, China Mobile (CHL), China Unicom (CHU), and China Telecom (CHA), had started to sell the iPhone 5S at a subsidized price. However, it seems the Chinese government wants to nip this trend in the bud itself.
China’s MNI Business Sentiment Expanded in April, Caution Prevails
China’s MNI Business Sentiment Indicator expanded to 50.5 in April due to stimulus measures from Chinese authorities to boost economic growth.
Are You Riding China’s Stock Market Roller Coaster?
China’s stock market performance lately has been similar to a roller coaster ride. Riders’ enthusiasm on a roller coaster builds as the ride climbs…
China’s New Yuan Loans, Aggregate Financing Dropped in February
China’s aggregate financing also fell sharply from 3417.3 billion yuan ($525 billion) in January to 780.2 billion yuan ($120 billion) in February.
China’s Manufacturing Deteriorated Further in December 2015
China accounts for ~8.4% of the global GDP, and manufacturing activity contributes about 31% to China’s GDP. The Caixin China manufacturing PMI declined 0.4 points to 48.2 in December.
China’s Yuan Share Rose in Global Currency Payments
According to the latest SWIFT RMB Tracker, the yuan—also known as the “renminbi”—accounted for 2.3% of the global payments in November 2015.
Why Idea of Vodafone-Liberty Deal Irritates T-Mobile Parent
The idea of Vodafone (VOD) buying assets from Liberty Global (LBTYA) in certain European markets doesn’t sit well with T-Mobile (TMUS) parent Deutsche Telekom.
Key for Investors: 5 Issues Are Choking Real Growth in China
We think that 2016 will be challenging for the Chinese economy. With policy support and improved credit conditions, economic activity stabilized in 1Q16.
China’s Official Manufacturing PMI Nudged Up in December
China’s official manufacturing PMI reading for December 2015 was up slightly and came in at 49.7. However, it was still in contraction mode compared to 49.6 in November.
TCWAX Fell Due to Weak Global Demand
For the month ending on November 30, 2015, TCWAX fell by 2.8% due to weakness in global demand and lower commodity prices.
Why Apple needs a different strategy to revive its stock
Apple (AAPL) has started to take a few baby steps to initiate growth in emerging markets. The company recently signed a multi-year distribution agreement with China Mobile (CHL).
China’s Industrial Production Struggles to Regain Strength
According to the National Bureau of Statistics of China, industrial production in China rose 5.6% in October compared to 5.7% in September. The reading was below market expectations of 5.8%.
TCWAX: 2015’s Worst Performer, but Lowest YTD Negative Return
The Templeton China World Fund – Class A (TCWAX) is the third-largest fund under this review, with an asset size of $297.2 million as of January 2016.
A Look at Some Important Metrics of Asia-Pacific Countries
In this series, among developed markets in the Asia-Pacific region, we’ll look at equity investment vehicles that allow you to invest in Australia, Hong Kong, and Singapore.
China’s New Yuan Loans and Aggregate Financing Rise in November
The rise in new yuan loans doesn’t directly impact the overall performance of mutual funds. But with the rise in credit flow in the economy, mutual funds with large exposures to financials benefit.
China’s December Exports and Imports Were Better than Expected
According to China’s General Administration of Customs, China’s exports fell 1.4% year-over-year in December 2015, compared to a fall of 6.8% in November.
Could Trade War Undermine Ericsson’s Competition in China?
Ericsson (ERIC) didn’t do well enough in China in the previous cellular generations, mostly because it lacked the right product range for the Chinese market.
What Are the Portfolio Compositions of FHKCX and JCOAX?
The Fidelity China Region Fund Class C (FHKCX) and the John Hancock Greater China Opportunities Fund Class A (JCOAX) benchmark their performance to the MSCI Golden Dragon Index.
Portfolio Composition of China-Focused Mutual Funds: USCOX and ACOCX
The financial sector dominates both the US Global Investors China Region Fund Investor Class (USCOX) and the AC One China Fund Investor Class (ACOCX).
China’s Inflation Rate Rose to 1.4% in June, SSE Rebounds
China’s stock exchange benchmark index, the SSE fell to a 3,507.19 at the close of trade on July 8. It rebounded to a 3,709.33 at the close of trade on July 9.
Did China End Its 4-Month Decline in Foreign Reserves in March?
China’s State Administration of Foreign Exchange, or SAFE, released foreign reserve data for March on April 7, 2016. China’s foreign reserves rose $10.3 billion to $3.2 trillion in March.
Why China’s Industrial Profits Have Slowed Down
According to the National Bureau of Statistics (or NBS), China’s industrial profits for firms above a designated size rose 3.7% year-over-year to 537.2 billion yuan.
Conference Board’s LEI Rose in August 2015 for China
The Conference Board LEI (Leading Economic Indicator) for China aggregates six economic indicators that measure economic activity in China.
China’s Business Sentiment Contracts Fell in November
In November, China’s MNI Business Sentiment Indicator fell 10.3% to 49.9—below the neutral level of 50. It was also lower than the October reading of 55.6.
Ericsson Is Building 5G Network for South Korea’s Top Operator
Ericsson (ERIC) continues to win 5G contracts from top operators.
Assessing the Performances of China-Focused Mutual Funds in 3Q15
In the quarter that ended on September 30, 2015, the returns of all four of our selected China-focused mutual funds were negative.
Google Wins Big Client after Taking SAP, Oracle Veterans
Google has won a chunk of Vodafone’s cloud computing business. Vodafone is the world’s second-largest mobile operator by subscribers after China Mobile.
Telecom Trends to Watch: 5G, AI, Cloud, and IoT
The global telecom industry is undergoing a rapid transformation, especially with the advent of 5G technology. We look at the telecom space’s key trends.
Why you should invest in the emerging markets
Emerging markets are sought by investors for the prospect of high returns.
Qualcomm-Tencent Deal Signals Big Opportunity in China
Qualcomm and Tencent, two giants in their respective industries, have entered into a broad partnership focused on gaming technology.
Here’s a Glimpse of What Ericsson Is Pursuing in China
Ericsson (ERIC) expects Chinese operators to begin deploying 5G networks in the coming months, executives said at an investor briefing recently.
What Is iQiyi after with China Unicom Deal?
iQiyi (IQ) will collaborate with China Unicom (CHU) to develop virtual reality (or VR) products.
Why Ericsson Is Waging a Price War in China
Ericsson (ERIC) appears to be waging a price war against its competitors in China as it seeks to expand its foothold in the country.
What’s behind Ericsson’s Huge Interest in China?
China is a top priority market for Ericsson (ERIC).
Finnish Government Buys More Nokia Stock
The government of Finland has been quietly building its holding in Nokia (NOK).
Nokia Is on Track to Save $2.2 Billion in Five Years
Nokia (NOK) recently unveiled a new cost-savings plan that could result in an ~$800.0 million reduction in its annual costs by 2020.
Nokia Picks Up a $580 Million Loan to Fund 5G Research
The European Investment Bank (or EIB) has extended a five-year, $580 million loan to Nokia (NOK).
Nokia Strikes a $1.2 Billion Deal with China Mobile
Nokia (NOK) recently signed a one-year equipment and services deal worth ~$1.2 billion with China Mobile (CHL).
A Look at Nokia’s 5G Market Opportunity
Earlier this year, Nokia announced a partnership with China Mobile’s (CHL) optical network project.
Why Nokia Is Optimistic about Its Analytics Business
Nokia (NOK) believes telecom operators haven’t yet tapped the potential of analytics.
Why Deutsche Bank Is Cautious about Apple
Germany-based (EWG) investment company Deutsche Bank (DB) is treading a different path regarding Apple’s (AAPL) iPhone 8 estimates.
Where Manufacturing Activity Stands in China
China’s (FXI) (MCHI) economy, based on some of its economic indicators, has recently shown signs of a slowdown.
Exports Recover as China Shifts Its Base in 2017
Chinese exports in US dollar terms fell 7.7% in 2016 compared to 2015, making it the worst decline since 2009.
What Happened to China Mobile on March 20?
China Mobile (CHL) stock rose 3.9% on March 20, 2017, to close at $58.52. It had risen 5.3% one day previously, on March 19.
Vodafone’s Scale and Valuation: The Latest Numbers
On December 19, Vodafone was the fourth-largest global telecom by market capitalization (~$67.3 billion). The largest global telecom company was AT&T (T).
How Vodafone’s Dividend Yield Stacks Up against Its Peers’
On December 19, 2016, Vodafone’s stock was trading at $25.13. The stock was trading 1% above its 20-day moving average of $24.88.
Europe Is Still the Most Important Market for Vodafone
Vodafone operates nearly globally, providing a range of telecom services centered on mobile technology to more than 483.7 million customers around the world.
Assessing Year-to-Date Portfolio Changes in AEPGX
The primary geographic focuses of the American Funds EuroPacific Growth Fund (AEPGX) are Europe and the Pacific Basin.
China’s Foreign Reserves Fell Slightly in July
According to State Administration of Foreign Exchange, China’s foreign reserves fell by $4.1 billion in July to $3.20 trillion.
China Caixin Manufacturing PMI Expands
The China Caixin Manufacturing PMI (Purchasing Managers’ Index) rose to 50.6 in July from 48.6 in June. This indicates renewed improvement in operating conditions.
Some Stocks Spoil a Decent Year-to-Date 2016 for MAPTX
MAPTX has been an above-average performer across all periods. It stands fourth among the funds under review YTD (year-to-date) in 2016.
Exploring ASIAX’s Portfolio Composition Year-to-Date in 2016
Though ASIAX retains the flexibility of investing across market capitalizations, its focus areas are the small- and mid-cap segments.
How Is the Invesco Pacific Growth Fund Allocating Its Portfolio?
TGRAX is quite balanced as far as allocation in its top three sectors is concerned.
China’s MNI Business Sentiment Rose Sharply in June
China’s MNI Business Sentiment Indicator rose sharply in June to 54.5 from 50.0 in May due to the availability of cheaper credit and better credit terms.
What China Has to Do to Get in the MSCI Emerging Markets Index
There have been significant steps toward the eventual inclusion of China A shares in the MSCI Emerging Markets Index.
The Caixin China Manufacturing PMI Contracted Sharply in May
The Caixin China manufacturing PMI (or purchasing managers’ index) contracted further in May 2016 and came in at 49.2 compared to 49.4 in April.
China’s MNI Business Sentiment Fell in May
China’s MNI Business Sentiment Indicator fell to 50.0 in May from 50.5 in April. The fall in new orders was offset by an increase in production.
Why Did China’s Industrial Profits Fall in April?
Profits at state-controlled firms have fallen 7.8% YoY. This impacted total industrial profits. The inventory levels at industrial firms fell 1.2% YoY at the end April.
Debate about China Signals an Inflection Point for Its Direction
Hedge fund managers such as John Burbank of Passport Capital and Michael Novogratz of Fortress Investment Group LLC turned bearish on China this year.
Did China’s Exports and Imports Slow Down in April?
According to customs data, China’s exports to the United States—the country’s biggest market—fell 9.3% YoY in April.
China’s Caixin Manufacturing PMI Still below Threshold in April
China’s Caixin Manufacturing PMI fell to 49.4 in April from 49.7 in March. This indicated further deterioration in the manufacturing sector.
Why Apple Remains Optimistic about China
In its Asian Development Outlook 2016 report, the Asian Development Bank projected that China’s economic growth should slow to 6.5% this year and to 6.3% next year.
China’s Exports Jump: Can the Growth Be Maintained?
According to the General Administration of Customs, China’s exports, in US dollar terms, jumped 11.5% YoY (year-over-year) in March.
South Asia to Lead the Developing Asia Region in 2016–17
The ADB (Asian Development Bank) expects developing Asia to grow by 5.7% in 2016 as well as in 2017, a little slower than the 5.9% pace seen in 2015.
Why Expansion into Hyperscale Cloud Will Be Key Driver for Brocade
Brocade announced new technology partnerships to accelerate the development of new IP solutions.
Going Passive: Considering Chinese Stocks in 2016
The iShares China Large-Cap ETF (FXI) is the most heavily traded ETF that invests in Chinese equities. It manages $4.7 billion in assets and is invested in 51 holdings.
Eyeing the Threshold: Caixin China Manufacturing PMI in March
The Caixin China Manufacturing PMI rose to 49.7 in March—its highest level 13 months—from 48.0 in February, indicating deterioration in operating conditions.
How Do Verizon’s Valuation Metrics Compare to Peers?
As of March 9, 2016, Verizon is the third-largest global telecom player by market capitalization.
Does Nokia Benefit from 4G LTE Penetration in China?
Nokia (NOK) commands a strong presence in China due to its combined installed base of Nokia and Alcatel Shanghai Bell (ALU). In 4Q15, Nokia’s revenues from Greater China (FXI) rose 17% YoY.
China’s Exports Fell in February amid Lackluster Global Demand
China’s exports fell sharply by 25.4% YoY (year-over-year) in February—compared to a decline of 11.2% in January. It was the largest decline since May 2009.
Yuan Maintained 5th Position in Global Currency Payments
The yuan accounted for 2.5% of global payments in January, slightly up from 2.3% in December 2015.
Why China’s MNI Business Sentiment Weakened Further in February
China’s MNI business sentiment indicator fell to 49.9 in February from 52.3 in January.
Low Volatility Makes ASIAX Stand Out
ASiAX is invested in companies such as Broadcom, Taiwan Semiconductor Manufacturing, China Mobile, NetEase, and class B shares of Telekomunikasi Indonesia.
Must-Know Facts about ASIAX
Though ASIAX retains the flexibility of investing across market capitalizations, its focus area is the small- and mid-cap segment.
Slowdown in Manufacturing Sector Forces China to Shift Its Focus
China’s official manufacturing purchasing managers’ index reading for January was down and came in at 49.4 as compared to 49.7 in December 2015.
Chinese Financials Continue to Trade in Bearish Zone
The Global X China Financials ETF (CHIX)(FXI) seeks to track the performance of the Solactive China Financials Total Return Index.
Why China’s Exports and Imports Fell Sharply in January 2016
Some analysts believe that the unexpected drop in foreign trade was mainly due to a change in the timing of the Lunar New Year.
Why Look to Invest in Asia-Pacific via Mutual Funds?
Unless you’re ultra-cautious and want to restrict yourself to Europe, Asia-Pacific should figure in your list of investible regions.
Get Your Essentials on the Invesco Pacific Growth Fund (TGRAX)
The Invesco Pacific Growth Fund, under normal circumstances, will invest “at least 80% of its net assets in securities of issuers in the Pacific region.”
AT&T Ranks Second among Its Peers in Market Capitalization
By market capitalization, AT&T ranks second among global telecom companies as of January 26, 2016. China Mobile (CHL) remains the leader in this metric
China’s MNI Business Sentiment Fell in January
China’s MNI Business Sentiment Indicator fell to 52.3 in January from 52.7 in December. The overall indicator fell, but production and new orders rose in January.
How Indian Brokerage Houses View the Domestic IT Sector in Fiscal 3Q16
On January 3, Religare Institutional Research projected that revenues of large-cap IT sector firms in India could grow between 0.3%–1.1% QoQ in fiscal 3Q16.
Caixin China Manufacturing PMI Deteriorated Further in December
Staying below the neutral reading of 50, the Caixin China manufacturing PMI came in at 48.2 in December, down from 48.6 in November.
China’s MNI Business Sentiment Rose in December 2015
China’s MNI Business Sentiment Indicator rose 5.6% to 52.7 in December—above the neutral level of 50 and also higher than November’s reading of 49.9.
Leading Economic Indicator for China Rose in November
The Conference Board’s Leading Economic Indicator for China rose 0.6% in November, following a 0.3% rise in October and a 1.6% increase in September.
NGCAX Likely Rose Due to a Boost in Exports
For the month ending on November 30, NGCAX rose by 0.2%. The positive performance could be due to a boost in exports after the yuan devaluation.
Negative Investor Sentiment Caused NCEAX to Fall
NCEAX fell by 1.3%. Weak PMI data, lower commodity prices, and uncertainty regarding the Fed’s interest rate hike contributed to negative investor sentiment.
Is the Chinese Economy Really Stabilizing?
China’s currency is flowing out of the economy. With the rate hike looming in the US, Chinese investors are parking their funds in dollar-denominated assets.
Why Apple Is Optimistic about Its Future Growth Prospects
Although Apple does not provide guidance beyond the next quarter, the management is optimistic about the company’s growth prospects in the long term.