China Mobile Ltd. (CHL), the world's biggest mobile operator by subscribers, said Wednesday it is eyeing investment opportunities in China and abroad and still hopes to list shares in the domestic Chinese market.

China's government has said it plans to allow foreign companies, including red-chip companies such as China Mobile, to list on the mainland's exchanges. Red chips are companies that have most of their assets in mainland China, but are registered and listed overseas, typically in Hong Kong.

Separately, China Mobile Chairman Wang Jianzhou told reporters after a shareholders' meeting that the company has launched mobile reader services commercially in China.

Wang said earlier the company was working with Datang Telecom Technology Co. (600198.SH), Taiwan's Hon Hai Precision Industry Co. (2317.TW) and Hanwang Technology Co. on mobile reader devices.

China Mobile, the world's largest mobile operator by subscribers, is pinning its hopes on new third-generation services, such as mobile readers and mobile television, to drive growth as it faces increasing competition and falling revenue for voice services.

-By Lorraine Luk, Dow Jones Newswires; 852-2802-7002;lorraine.luk@dowjones.com
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