Tencent set for worst week in 21 months after $274bn rally

Source Bloomberg

Source Bloomberg

The firm owned 2,263,094 shares of the Wireless communications provider's stock after buying an additional 781,199 shares during the period. Stevens Capital Management LP's holdings in China Mobile (Hong Kong) were worth $1,267,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. The fund owned 25,052 shares of the Wireless communications provider's stock after selling 8,068 shares during the quarter. BT Investment Management Ltd bought a new position in China Mobile (Hong Kong) during the second quarter worth $42,224,000. JFS Wealth Advisors LLC now owns 2,138 shares of the Wireless communications provider's stock valued at $114,000 after purchasing an additional 342 shares during the last quarter.

ILLEGAL ACTIVITY NOTICE: "ETRADE Capital Management LLC Purchases 1,994 Shares of China Mobile (Hong Kong) Ltd. (CHL)" was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. Vanguard Group Inc. now owns 139,011 shares of the Wireless communications provider's stock worth $7,677,000 after purchasing an additional 29,022 shares during the last quarter.

CHL has been the topic of a number of research reports. Zacks Investment Research lowered China Unicom (Hong Kong) from a "buy" rating to a "hold" rating in a report on Friday, August 25th. Bank of America started coverage on shares of China Mobile (Hong Kong) in a research note on Wednesday, August 30th. They issued a "neutral" rating for the company. Nomura lowered China Unicom (Hong Kong) from a "neutral" rating to a "reduce" rating in a report on Thursday, August 24th. J P Morgan Chase & Co downgraded shares of China Unicom (Hong Kong) from a "neutral" rating to an "underweight" rating in a research note on Monday, August 21st. Finally, BidaskClub upgraded China Unicom (Hong Kong) from a "hold" rating to a "buy" rating in a report on Wednesday, August 23rd. The stock has a consensus rating of "Hold" and a consensus price target of $57.00. China Unicom (Hong Kong) earned a media sentiment score of 0.19 on Accern's scale. China Mobile has a 52-week low of $50.00 and a 52-week high of $58.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.29 and a current ratio of 0.29. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & worldwide trademark and copyright law. The correct version of this piece of content can be viewed at https://weekherald.com/2017/11/30/thornburg-investment-management-inc-has-31-75-million-holdings-in-china-unicom-hong-kong-ltd-chu.html.

China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. The Company's businesses include mobile businesses, fixed-line businesses and others. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses.

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