ANTICIPATION OF RESTRUCTURING MAKES TELECOM STOCKS FAVOURABLE

Telecom carriers in the PRC are among the most favorable stocks to buy as investors are expecting to see the launching of 3G service and companies restructuring this year.

Both China Unicom and China Mobile, for example, are considered to be good potential stocks to buy: while the former's share price, according to the Wall Street Journal, does not adequately value the networks it owns, the latter is benefited from the profusion of cash flow generation, according to a Merrill Lynch research report.