China Mobile is the largest mobile operator in China. It has a market capitalization of $941 billion HKD.
Its has a trailing PE of 6.41 times, forward PE of 6.38 times, and a dividend yield of 7.04%.
It is listed in Hong Kong and America. It will soon be listed in Shanghai through an issue of $7.64 billion USD to raise funds.
Report.
Based on the proposed issue price, the PE ratio is 12 times. This is almost twice of the PE of 6.38 times in Hong Kong.
This implies that the discount in Hong Kong is 48%.
I have invested in China Mobile through Hong Kong. I may add to my investment.
Tan Kin Lian
Note - this is my personal view. I am not giving investment advice.