None of China Mobile's directors and employees exercised share options last year, as the poor sentiment affecting the industry hit the company's share price, according to its annual report. Shares in China Mobile have fallen 71.3 per cent from the peak of HK$80 in March 6, 2000, to Friday's closing price of HK$24.35. According to China Mobile's annual report, almost all of the 115.85 million outstanding share options that the company granted to directors and employees are with an exercise price between HK$32.10 and HK$45.04. Chairman Wang Xiaochu was granted the largest number of options, with a total of 4.22 million share options on hand. They are at exercise prices of HK$32.10, HK$33.91, and HK$45.04. Of the directors that have been granted share options, chief financial officer Ding Donghua is the only one still holding them at below the present share price. He holds 2.1 million share options at an exercise price of HK$11.10 a share. Mr Wang and vice-chairman Li Zhenqun were compensated for the loss in share option value by a rise of about 22 per cent in their remuneration packages.