报告名称：China Mobile(00941.HK)Reinstate rating at Buy still in the sweet spot of 4G adop
报告类型：港股研究
报告日期：2015-12-03
研究机构：高盛高华
股票名称：中国移动
股票代码：CHL,00941
页数：13
简介：Our EPS is -4% to 8% in 2016E-2017E on the impact of China Tower, data balance carryover and elimination of roaming in greater Beijing. Our 12m TP of HK$120 is based on DCF SOTP. At 3.8X EV/EBITDA, 12.2X P/E and 9.2X ex-cash P/E (2016E), CM shares are trading below peer average of 7.1X, 16.4X and 22.3X in Asia.
下载地址：China Mobile(00941.HK)Reinstate rating at Buy still in the sweet spot of 4G adop
