FD,china its interesting to watch.I heard that 21 million figure some time back back then they mumbled something about those subscribers dropping off r lower economic customers etc.As u suggest mobile phones r required in china to pay for everything split between wechat and alipay.ie yr figure of 95% China is in the process of introducing a cryto currency due to high use of mobile payments,not bad for a so called 'developing' country that gets $1b from the WTO plus developing country statis benefits. As posted,i try and watch china as close as possible generally excluding chinese govt announcements,i thought it was interesting the worlds largest steel producer arcelmormittal recently said chinese steel production will b flat to 1% growth.For me i think thats a good economic sign for china and for australian exports. hmm now all we need is a new ceo. Had thodey and penn continued trujillos nfc trials tls would have had mobile payments established like japan ex govt ntt ,korea ex govt owned KT and not to b left behind now china.
TLS Price at posting:
$3.11 Sentiment: Hold Disclosure: Held
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