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China Mobile Is Citi's Top Pick In China Telecom Space
Wednesday, June 15, 2016 - 11:57am | 271Telecommunication investors looking to diversify their holdings away from U.S-based companies should take a closer look at Chinese companies, according to Bin Liu of Citi. In a report published Wednesday, Liu argued that China's fixed broadband market should "grow rapidly" over the coming years. He...
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China Telecom Shares Downgraded To Neutral By Citi
Wednesday, June 15, 2016 - 10:14am | 338Citi has downgraded China Telecom Corporation Limited (ADR) (NYSE: CHA) shares to a rating of Neutral citing a broadband competitive hit. The brokerage's top pick in the space is China Mobile Ltd. (ADR) (NYSE: CHL) on broadband and 4G growth in the telecom sector. Moving To Neutral Citi analyst Bin...
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UPDATE: Citigroup Raises PT on Qihoo 360 Technology Following 3Q Earnings Beat
Tuesday, November 26, 2013 - 12:24pm | 133In a report published Tuesday, Citigroup analyst Bin Liu reiterated a Buy rating on Qihoo 360 Technology Co. Ltd. (NYSE: QIHU), and raised the price target from $87.00 to $115.00. In the report, Citigroup noted, “Qihoo's 3Q13 non-GAAP net profit of US$61.5m (up 154% yoy) beat Citi/Bloomberg...