Credit Lyonnais suggests buying China Mobile

Affected by the charging package plan of its parent company ,China Mobile(0941) went down 3.26% to reach the 16-month low of HK$35.6. Lyonnais said the market misunderstood the relevant policies and was oversensitive to the news. It suggested taking the chance to buy China Mobile and it also said the 12-month target price of China Mobile was still HK$60 according to its current state.

Related stock : (941)