Tuesday, June 19, 2007

Hong Kong's Hang Seng Climbs to Record; China Mobile, PetroChina Rise

(Bloomberg) -- Hong Kong stocks rise, driving the
Hang Seng Index to a second straight record. China Mobile Ltd.,
the world's largest mobile-phone operator by users, gained after
adding a record number of new subscribers last month.

``China Mobile numbers were just very good,'' said Andrew
Sullivan, head of Asian sales trading at Daiwa Securities SMBC Co.
in Hong Kong. ``I suspect you will see some analysts upgrading
their yearly numbers and target prices.''


Read more at Bloomberg Stocks News

No comments: