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Why is the market value of China Mobile higher than that of China Unicom?

The market value of China Mobile is higher than that of China Unicom because its share capital is relatively small. According to relevant data, China Mobile has the lowest P/E ratio, but its P/B ratio is the highest among the three, which is similar to that of China Unicom, with little difference in valuation. China Mobile is one of the three giants of China operators, and China Mobile is ahead of China Unicom in terms of the number of users, profitability and development potential.