China Mobile: Everything to Everyone
By almost any measure, China Mobile (CHL) is a huge success. With more than 300 million subscribers, it is the world's largest cellular service company. The value of its stock more than doubled last year, and today it has a market cap of more than $220 billion, making China Mobile the most valuable stock on the Hong Kong exchange. And it has seen enviable growth, with sales up 21.5%, to $38.9 billion, last year, and net profits of $8.7 billion, giving the company a 22.4% margin.
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