China Mobile Limited

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

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.

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.

Chinese shares contributed significantly to the downfall of emerging market funds, as the iShares MSCI China Index ETF sank 2.84% on Monday.

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).

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 reading for November was slightly down and came at 49.6 as compared to 49.8 in October. This index is released every month.

The bubbles created in China’s stock market in 2007 and 2015–2016 show that stocks fell ~65.0% and ~41.0%, respectively.

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.

Leading the ETF pack for investing in Singapore equities is the iShares MSCI Singapore ETF (EWS).

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.

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.

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.

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.

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 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.

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).

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%.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

The Conference Board LEI (Leading Economic Indicator) for China aggregates six economic indicators that measure economic activity in China.

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

In the quarter that ended on September 30, 2015, the returns of all four of our selected China-focused mutual funds were negative.

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.

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.

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 unveiled a new cost-savings plan that could result in an ~$800.0 million reduction in its annual costs by 2020.

The European Investment Bank (or EIB) has extended a five-year, $580 million loan to Nokia (NOK).

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

Earlier this year, Nokia announced a partnership with China Mobile’s (CHL) optical network project.

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

Germany-based (EWG) investment company Deutsche Bank (DB) is treading a different path regarding Apple’s (AAPL) iPhone 8 estimates.

China’s (FXI) (MCHI) economy, based on some of its economic indicators, has recently shown signs of a slowdown.

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.

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).

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.

Vodafone operates nearly globally, providing a range of telecom services centered on mobile technology to more than 483.7 million customers around the world.

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

According to State Administration of Foreign Exchange, China’s foreign reserves fell by $4.1 billion in July to $3.20 trillion.

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.

MAPTX has been an above-average performer across all periods. It stands fourth among the funds under review YTD (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.

TGRAX is quite balanced as far as allocation in its top three sectors is concerned.

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.

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.

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.

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.

Brocade announced new technology partnerships to accelerate the development of new IP solutions.

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.

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.

As of March 9, 2016, Verizon is the third-largest global telecom player by market capitalization.

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 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.

The yuan accounted for 2.5% of global payments in January, slightly up from 2.3% in December 2015.

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

ASiAX is invested in companies such as Broadcom, Taiwan Semiconductor Manufacturing, China Mobile, NetEase, and class B shares of Telekomunikasi Indonesia.

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.

The Global X China Financials ETF (CHIX)(FXI) seeks to track the performance of the Solactive China Financials Total Return Index.

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.”

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 Indicator fell to 52.3 in January from 52.7 in December. The overall indicator fell, but production and new orders rose in January.

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.

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 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.

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.

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.

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.

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.