It's our 18th anniversary!

China: always connected

Investment from 6,700 USD

Investment period until: 15/09/2017

Product description

Expected
yearly returns
69%

The rising standard of living in China is facilitating a significant rise in demand for telecommunication services, whilst expansion in regards to the provision of wireless internet is securing high profitability for companies actively developing in this market segment. China Mobile Ltd., one of the Chinese market’s leading providers of wireless internet, plans to increase its market share of wireless internet in the near future (current market share: 33.7%).

Investment period ends:
15/09/2017

Expected yield is calculated according to 95% capital protection and the price of the base asset at expiry, equal to 84 USD.

Technical Analysis:

China Mobile Ltd.’s share price is close to the lower limit of the upward long-term trend channel (beginning from 2003) and has broken upwards through the 50 daily moving average. The price has also left upwards from the cloud of the Ichimoku indicator (Senkou B > Senkou A). The closest support levels are 53.40 and 51.16. The closest resistance levels are 59.23, 74.21 and 87.43.

Invest

Three simple steps to invest

  • Register for myAlpari, to receive access to the Alpari's services
  • Select an investment idea or create your own investment product!
  • Make a deposit to your transitory account using the means that suit you best and invest your money!

Didn't find the idea for you?

There are more opportunities to create your own product than you think

Create Your Own Product
Back to top