China Mobile Limited

Going to frontier markets offers more of an opportunity to discover the most overlooked companies.

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.

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 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 Indicator expanded to 50.5 in April due to stimulus measures from Chinese authorities to boost economic growth.

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 aggregate financing also fell sharply from 3417.3 billion yuan ($525 billion) in January to 780.2 billion yuan ($120 billion) in February.

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.

We think that 2016 will be challenging for the Chinese economy. With policy support and improved credit conditions, economic activity stabilized in 1Q16.

For the month ending on November 30, 2015, TCWAX fell by 2.8% due to weakness in global demand and lower commodity prices.

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).

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.

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.

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.

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.

Ericsson (ERIC) continues to win 5G contracts from top operators.

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.

Emerging markets are sought by investors for the prospect of high returns.

Qualcomm and Tencent, two giants in their respective industries, have entered into a broad partnership focused on gaming technology.

Ericsson (ERIC) expects Chinese operators to begin deploying 5G networks in the coming months, executives said at an investor briefing recently.

iQiyi (IQ) will collaborate with China Unicom (CHU) to develop virtual reality (or VR) products.

Ericsson (ERIC) appears to be waging a price war against its competitors in China as it seeks to expand its foothold in the country.

China is a top priority market for Ericsson (ERIC).

The government of Finland has been quietly building its holding in Nokia (NOK).

Nokia (NOK) recently signed a one-year equipment and services deal worth ~$1.2 billion with China Mobile (CHL).

Nokia (NOK) believes telecom operators haven’t yet tapped the potential of analytics.

Chinese exports in US dollar terms fell 7.7% in 2016 compared to 2015, making it the worst decline since 2009.

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.

The primary geographic focuses of the American Funds EuroPacific Growth Fund (AEPGX) are Europe and the Pacific Basin.

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.

There have been significant steps toward the eventual inclusion of China A shares in the MSCI Emerging Markets Index.

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 Indicator fell to 50.0 in May from 50.5 in April. The fall in new orders was offset by an increase in production.

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.

Hedge fund managers such as John Burbank of Passport Capital and Michael Novogratz of Fortress Investment Group LLC turned bearish on China this year.

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 fell to 49.4 in April from 49.7 in March. This indicated further deterioration in the manufacturing sector.

According to the General Administration of Customs, China’s exports, in US dollar terms, jumped 11.5% YoY (year-over-year) in March.

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.

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.

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.

China’s MNI business sentiment indicator fell to 49.9 in February from 52.3 in January.

Though ASIAX retains the flexibility of investing across market capitalizations, its focus area is the small- and mid-cap segment.

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.

Some analysts believe that the unexpected drop in foreign trade was mainly due to a change in the timing of the Lunar New Year.

Unless you’re ultra-cautious and want to restrict yourself to Europe, Asia-Pacific should figure in your list of investible regions.

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.”

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.

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.

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.

Although Apple does not provide guidance beyond the next quarter, the management is optimistic about the company’s growth prospects in the long term.

According to the National Bureau of Statistics of China (or NBS), China’s industrial profits fell sharply by 4.6% in October from a year earlier.

Chinese policymakers should try to implement Ray Dalio’s three rules of thumb as closely as possible to get the country’s economic growth back on track.

China’s industrial production data were weaker than expected and grew by 6.1% year-over-year, or YoY, in August.

Ericsson has entered into a four-year deal with Indian telecommunication provider Bharti Airtel to deploy 3G and 4G networks in various cities in India.

China’s stock market has been in turmoil since June 2015. Its stock market had been soaring, but after May, there was a share selloff, which led to a crash.

China’s foreign trade data for August were released on September 8. China’s exports in US dollar terms fell 5.5% year-over-year (or YoY) in August, while imports fell sharply by 13.8% YoY.

As of August 2015, AT&T is the second-largest telecom company in the world after China Mobile.

The final reading for the Caixin China Manufacturing PMI came in at a post-crisis low of 47.3 in August compared to 47.8 in July. Growth was restricted by a decrease in output, purchases, and new orders.

In this series, we will look at AT&T’s mobile and wireline strategies, as well as the company’s short- to medium-term guidance.

China’s stock market tumbled again on Monday, August 24. As a result, major stock markets around the globe also plunged. The fear of global slowdown is looming in the minds of the investors.

Apple was the top smartphone player in China in 1Q15, with Xiaomi, Huawei, Samsung (SSNLF), and Lenovo (LNVGY) behind it.

The flash reading for the China Manufacturing PMI came in at a 15-month low of 48.2 in July compared to 49.4 in June.

Companies in the wireline telecommunication industry such as CenturyLink (CTL) and Frontier Communications (FTR) have high dividend yields. So does AT&T (T).

Chinese consumers find bigger screens more engaging and vivid. Plus, carrying a larger smartphone eliminates the need for tablets, especially smaller tablets.

The Indian economy has certainly seen a change since the new government took over. India now uses what is known as GVA (gross value added) to calculate economic output.

India was among the few nations about which the IMF seems positive. The agency revised its estimates for India’s economic growth up by 1.2% for 2015 and 1% for 2016.

Although Apple’s sequential revenue growth should decline steeply this quarter, it still shows a healthy 20% revenue growth on a year-over-year basis.

The release of the iPhone 6 and iPhone 6 Plus were delayed in China because Chinese regulators had to scrutinize new security features on the devices.

On November 17, China took its first step towards opening up its stock market to foreign investment with the Shanghai-Hong Kong Stock Connect program.

Telecom carriers across the world are in the middle of replacing their 2G/3G technology with the high-speed LTE technology. This transition is almost complete in major markets such as the US, Korea, and China.

Apple (AAPL) is expected to announce its fiscal 4Q14 earnings on October 20. The more important takeaway from Apple’s earnings should be its outlook for fiscal 1Q15.

The potential demand for the iPhone 6 Plus is even greater in Asia, especially in emerging markets such as India and China.

Here, we’ll discuss Samsung’s current position in emerging markets like China and India—especially in the low-end smartphone market.

Apple (AAPL) sold about 44 million iPhones in fiscal Q2 2014, according to the earnings that Apple announced on Wednesday. This was an increase of 6.3 million iPhones over last year.

According to a report from Umeng, China’s brand distribution of active Google (GOOG) Android devices as of Q4 2013 is quite fragmented.

According to a report from Umeng, China’s largest analytics firm, in 2013, 27% of China’s smartphones sold for over $500, and 80% of those are iPhones.