Credit Suisse keeps China Mobile (CHL) at outperform with as a 40% up possibility . The house says China Mobile has early dominance of smartphone space, despite handicap of using TD technology, due to its superior network coverage and quality. China Mobile is trading at cheaper multiples than Hang Seng Index, at a discount to domestic and regional peers on P/E.  It has therefore revised its target to HK$105.00 (ADR US$67.5).  CHL closed at US$47.95 on NYSE Monday February 8 and and it will have to rise 40% to reach $67.5.