Large Outflow of Money Witnessed in China Mobile (Hong Kong) Ltd.

China Mobile (Hong Kong) Ltd. (CHL) : The total money flow in China Mobile (Hong Kong) Ltd. (CHL) was negative ($1 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $1.65 million. Transactions on upticks were comparatively lower at $0.66 million. The uptick to downtick ratio was 0.4. The total block trades on downticks were valued at $1.01 million. The money flow during block trades was negative ($1.01 million) when the stock traded with a gain of $129 cent. China Mobile (Hong Kong) Ltd. (CHL) was $58.77, an increase of 2.24% over the previous days close.


Institutional Investors own 1.85% of China Mobile (Hong Kong) Ltd. shares.

Shares of China Mobile Limited rose by 2.48% in the last five trading days and 2.99% for the last 4 weeks. China Mobile Limited is up 6.85% in the last 3-month period. Year-to-Date the stock performance stands at 5.43%.

China Mobile (Hong Kong) Ltd. (NYSE:CHL): stock turned positive on Tuesday. Though the stock opened at $58.44, the bulls momentum made the stock top out at $58.95 level for the day. The stock recorded a low of $58.37 and closed the trading day at $58.57, in the green by 1.90%. The total traded volume for the day was 877,997. The stock had closed at $57.48 in the previous days trading.

China Mobile Limited is an investment holding company. The Company is engaged in providing mobile telecommunications and related services in 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and Hong Kong Special Administrative Region through its subsidiaries. The Companys business is divided into voice services and data services. The Companys customer service hotline offers assistance on different mobile service difficulties, handles all enquires and subscription of a range of mobile phone services. Its voice services include the business where its customers make and receive calls with a mobile phone at its mobile telecommunications networks. Its data services include Short Message Services and Multimedia Messaging Service, Wireless Data Traffic, Applications and Information Services.

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