- After a rebound in Hong Kong today, Chinese wireless providers are all higher, among the leaders in global telecom stocks.
- China Mobile (CHL +4.5%), China Unicom (CHU +4.7%) and China Telecom (CHA +5.7%) all rebounded overseas following action from Beijing to firm up control of the stock market.
- Also up significantly in the region: SK Telecom (SKM +3%); Nippon Telegraph & Telephone (NTT +3.9%); and Chunghwa Telecom (CHT +1%).
- Previously: China Telecom creates Africa/Middle East division (Jun. 10 2015)
- Previously: China mobile infrastructure spending jumped 51% in 2014 (Apr. 21 2015)