Sat Sep 27, 2008
TIANJIN, Sept 28 (Reuters) - China Mobile Ltd (0941.HK: Quote, Profile, Research, Stock Buzz) (CHL.N: Quote, Profile, Research, Stock Buzz), the world's biggest mobile carrier, said on Sunday that its investment focus remained on the more attractive valuations in emerging markets, despite the higher risks involved.
China Mobile was not looking at North America or Europe, where valuations were too high, but rather in Asia and Africa where there were more opportunities, Chief Executive Wang Jianzhou, told a meeting of the World Economic Forum. http://www.reuters.com/article/companyNewsAndPR/idUSPEK26903120080928