Friday, 24 July 2015

CHL : CHINA MOBILE LIMITED

Picture source:http://cdn.appsrumors.com/wp-content/uploads/2013/03/china-mobile2.jpg


#chl or stands for China Mobile Limited is named as the largest telecomunication by market capitalization today #chl is listed in NYSE dan HSI. (Wikipedia, n.d.)


Based on the current economic wave, I noticed that ; #chl (NYSE) is reacting to the up and down on HSI market. HSI is open at 0915 hours to 1615hours GMT+8 (source:HKEx). While NYSE open 5  hours later, the price on #chl is moving downtrend.

Based on yesterday trading hour, #CHL react almost similiar to #HSI movement. I make a reference from Google Finance and find out the movement for #CHL is similar to #HSI.



The question is can Traders from America can make reference based on #HSI if they want to long or short their #CHL stocks.

No comments:

Post a Comment