China Telecommunication Stocks Continue Soaring

PDO (CHINA)--On 12 June 2007, People's Daily Online reports China telecommunication stocks continued soaring with China Netcom up 0.73 to 20.6 HK dollars. China Mobile, one of the heavy weights of Hong Kong market, is up 1.65 percent to 74.1 HK dollars. China Telecom went up 0.44 percent to 4.57 HK dollars. Financial stocks remained flat, with The Hongkong and Shanghai Banking Corporation (HSBC), the other heavy weight remained at 143.4 HK dollars, while China life keeps its price at 24.6 HK dollars.

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