Goldman expects China Mobile 1H NP RMB16.9bln

Goldman Sachs expects China Mobile (Hong Kong) (0941) to post a net profit of 16.9 billion yuan (HK$15.4 billion) for the first half of 2001, the release of which is due on Aug 16. It reiterated its Recommended List rating and its 12-month price target of HK$50 for the stock.

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