The Stock
China Mobile (CHL) is a Chinese state-owned telecommunications corporation that provides mobile voice and multimedia services through China.
The stock has fallen over 40% since its 2015 peak, leaving it undervalued, providing an attractive opportunity for investors interested in both the potential capital gains and more importantly its relatively high dividend yield.
The massive drop in price was mainly due to the slowing of revenue growth in China Mobile's voice segment (which mirrors the general trend across China's other telcos). While the voice segment user base will continue to grow, the