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China Mobile again !!

杀死人的微笑!
The above Mandarin sentence is meaning; “killing smiles”.
This is the world for all the China Mobile’s fan/shareholder currently.

Many were trying to reach me and find out what is going on to the crazy share price, which is moving against the market trend since after 10.30am this morning.

I’m sorry to say; I don’t know much or to be precise, what is the impetus for its price acceleration. However, in a glance of what is going on surrounding China Mobile if you recalled recently;
(1) Listing on SSE.
(2) Acquisition of 20% stake in SPD Bank.

I had just gone through the newly announced SPD Bank FY result, not to elaborate further here because I’m in the rush to meet-up someone, looking for my dealing-platform in KL.

SPB had delivered a not too bad set of FY 2009 result, which attached with a bonus issue of 3 for 10 to its shareholder, and a RMB1.5 dividend.
I think this is the reason that excited the China Mobile share price.
Let’s go in details and digging into SPB later when I’m free.
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