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Morgan Stanley believed that the share price of CHINA MOBILE (00941.HK)  -0.200 (-0.210%)    Short selling $93.39M; Ratio 15.005%   will increase in the next 60 days. The broker was bullish on Chinese telcos, mainly attributable to the effective cost control and positive impacts bought by tower company. China Mobile remained the top pick within the industry due to the continuous 4G advantage and possible surge in earnings. In addition, the upside of tower spinning-off was not yet taken account in the share price.

The research house expected that there will be an 80%+ chance for the rise in the upcoming 60 days.

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