BI-CMOB@EC2611A

China Mobile and OPPO Jointly Launch eSIM Supported Flagship Phones

China Mobile Optimizes Business Structure but Sees Service Revenue Decline in Q1

China Mobile Launches TianTong Satellite Calling Service

China Mobile to Hold Annual General Meeting on May 21, 2026

Zhao Hangbin Delivers Keynote Speech: Home Networks Evolving Towards Proactive Intelligence

China Mobile Releases 5G-A Super Uplink Technical Evolution and Planning White Paper and Establishes Test Base

China Mobile Launches AI Computing Power Token Packages to Promote AI Popularization

UBS Maintains 'Neutral' Rating on China Mobile with Target Price of HKD 81

Morgan Stanley Analyzes China Mobile's Q1 Earnings Exceeding Expectations

Morgan Stanley Maintains China Mobile's 'In-Line With Market' Rating

Citi Releases Below-Expectations Q1 2026 Earnings Report for China Mobile

China Mobile Releases First Quarter 2023 Earnings Report, Shareholder Profits Decline

China Mobile Announces First Quarter 2026 Customer Data

CHINA MOBILE released FY2026 Q1 earnings on April 20 During-Market (BJT), actual revenue HKD 302.12 B (forecast HKD 293.06 B), actual EPS HKD 1.5305 (forecast HKD 1.4965)

China Mobile Unveils Single-Channel 400G Ethernet Physical Layer Report

China Mobile's Acquisition Post, HKBN's Mid-Year Earnings and Dividend Yield Under Scrutiny

DBS Downgrades China Mobile's Profit Forecast but Maintains Buy Rating

China Mobile 2026-2027 AI Super Node Equipment Procurement: Yangtze Computing Successful Bid

China Mobile to release FY2026 Q1 earnings on April 21 during market hours (BJT), forecast revenue HKD 292.95 B, EPS HKD 1.496

China Mobile (Shantou, Guangdong) Data Center Phase II Project Approved

QINGDAO HLDGS

QIANHAI HEALTH

GUOXIA TECH

BITSTRAT HLDGS

KIN SHING HLDGS

AV CONCEPT HOLD

DATRONIX HOLD

HAITIAN ANTENNA

PRODUCTIVE TECH

INVESTECH HLDGS

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In 1Q26, China's telecom service revenue fell by 1.8% year-on-year to RMB439.4 billion, according to the Ministry of Industry and Information Technology (MIIT). However, the total telecom business volume rose by 8.3% year-on-year when adjusted for constant prices. By the end of March, the total number of mobile subscribers reached 1.836 billion, with 5G subscribers accounting for 1.254 billion, representing 68.3% of the total and a net increase of 49.53 million from the previous year.

AASTOCKS News

CHINA TELECOM

China Unicom

CHINA MOBILE

CHINA UNICOM

China Mobile

China Southern CSI Communication Service ETF

ChinaAMC CSI 5G Communication ETF

Harvest CNI Communication ETF

MIIT: 1Q26 Telecom Service Revenue Down 1.8% YoY; Total Telecom Business Volume Up 8.3% YoY

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The Hong Kong stock market has seen a rise of over 320 points or 1.2% recently, with the Hang Seng Index closing at 26,487.48. Despite this, the outlook for Asian markets remains negative due to geopolitical tensions in the Middle East. Major stocks showed mixed results, with AIA and Alibaba declining, while Baidu and China Mobile saw gains. Wall Street's performance was weak, influenced by rising crude oil prices and disappointing market trends. Overall, the market may experience consolidation in the coming days.

nasdaq

Hang Seng Index

ISHARESHSI

BABA-W

Alibaba

BIDU-SW

Baidu

BANK OF CHINA

Bank Of China

BOC HONG KONG

CHINA LIFE

China Life

CM BANK

China Merchants Bank

JD-SW

JD.com

SINOPEC CORP

Sinopec Corp.

CHINA SHENHUA

CSEC/China Shenhua

CITIC

CNOOC

HKEX

HSBC HOLDINGS

HSBC

ICBC

PETROCHINA

MEITUAN

NTES-S

NetEase

NONGFU SPRING

PING AN

Ping An

SMIC

SHK PPT

TENCENT

XIAOMI-W

WUXI APPTEC

WuXi AppTec

ZIJIN MINING

Zijin Mining

Dow Jones Industrial Average

NASDAQ Composite Index

S&P 500

Unitedhealth

D.R. Horton

Nasdaq

AIA-R

AIA Group

BABA-WR

Alibaba HK SDR 5to1

BIDU-SWR

Bank of China

JD-SWR

CN Mobile HK SDR 5to1

CHINA MOBILE-R

CNOOC-R

HKEX-R

Hong Kong Exchanges and Clearing (HKEX)

HSBC 5xShortSG241213

HSBC Holdings Plc

PetroCN HK SDR 1to2

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

PING AN-R

Ping An Insurance

SMIC HK SDR 5to1

SHK PPT-R

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Consolidation Expected For Hong Kong Shares

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The State Council issued opinions on promoting capacity expansion and quality improvement in the service sector, emphasizing the deep implementation of large-scale 5G applications, advancing 5G-A network development, and strengthening 6G technology research. It also mentioned appropriately ahead-of-schedule construction of mobile IoT and the development of satellite internet application services

Wallstreetcn

Yinhua CSI 5G Communication Theme ETF

State Council: Strengthen R&D of Sixth-Generation Mobile Communication (6G), Advance Mobile IoT Construction

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On April 21, the Hong Kong stock market closed with the Hang Seng Index and the National Enterprises Index both rising, while the Hang Seng Technology Index slightly retreated. The technology growth sector surged strongly, with consumer and some electronic stocks active. Mainstream funds flowed around popular growth and new consumption directions, showing a clear structural differentiation in market styles. Investors are paying attention to macroeconomic conditions and policy risks, with high-quality blue chips and policy-benefiting sectors receiving a defensive allocation tendency

- On April 21, Hong Kong's stock indices showed divergence, with the Hang Seng Index rising 0.48% to 26,487.48 points, while the Hang Seng Tech Index slightly fell by 0.08%.  
- Significant movements included Longside Chanchin's rise of over 39%, indicating strong investor interest in tech growth stocks, while new consumption stocks like Auntie Ho also saw notable increases.  
- The market faces heightened volatility risks as investors remain vigilant toward changes in the macroeconomic environment and geopolitical risks.

LB Select

GPIXEL

JOYSON ELEC

AUNTEA JENNY

MANYCORE TECH

YOFC

Hong Kong stock market closing | The Hang Seng Index rose 0.48% to stabilize at 26,487 points, with technology growth stocks leading the gains, AUNTEA JENNY rose nearly 15%

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0421 | Dolphin Research Watchlist: 🐬 Macro/Industry. US Vice President Vance is expected to depart for Islamabad on the morning of Apr 21 ET (evening Beijing time) to push a new round of US–Iran ceasefire talks.The current two‑week truce expires on Apr 22. Iran had wavered but agreed to attend after mediation, with talks focused on extending the ceasefire and maritime blockades.Easing Middle East tensions would benefit global energy supply chains and shipping stability. In the near term, it should curb oil price volatility.🐬 Single stocks. $Apple(AAPL.US) officially announced...

AAPL pivots from the 'Cook era' to a hardware-first play; AMZN adds $5bn, doubling down on Anthropic | Daily News Recap

China Mobile announced its first-quarter results, with operating revenue increasing by 1% year-on-year to RMB 266.478 billion, and net profit decreasing by 4.2% year-on-year to RMB 29.342 billion. UBS has given China Mobile a "Neutral" rating and a target price of HKD 81, expecting dividends per share of RMB 4.8 and RMB 4.96 in the next two years. Management indicated that the dividend payout ratio will remain stable before increasing, with capital expenditure guidance set at RMB 136.6 billion, a year-on-year decrease of 9.5%. During the quarter, the net increase in mobile communication customers was 3.76 million, with a total of 668 million 5G network customers

AASTOCKS

UBS Group AG

Citigroup

Morgan Stanley

CITIGROUP INC 6.250 NON CUM SER II PFD WI

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

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The article "After the Performance" summarizes the latest target prices and views of brokerages after China Mobile announced its earnings

China Mobile's stock price rose nearly 2% today, reaching a high of HKD 83.65 in the early session, and is currently reported at HKD 83.25, up 1.77%. The company's first-quarter results showed an operating revenue growth of 1% year-on-year, but net profit and EBITDA decreased by 4.2% and 5%, respectively. Management expects revenue to maintain stable growth, with profits and net profit dividends also expected to grow in tandem

China Mobile's stock price rises nearly 2% as management expects stable revenue growth

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The negotiations for a ceasefire agreement between the U.S. and Iran have failed, leading to heightened tensions in the Middle East. The three major U.S. stock indices fell slightly on Monday, while international oil prices rebounded. The Hang Seng Index opened 81 points higher at 26,442 points, with mixed performance among tech stocks. VGT surged 57% on its debut, while China Mobile's revenue saw a slight increase in the first quarter, resulting in a modest rise in its stock price

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The US-Iran negotiations remain unresolved, the Hang Seng Index opened up 81 points, China Mobile slightly rose after its earnings report, and VGT surged 57% on its debut ｜ Hong Kong stock market opens

China Mobile (600941.SH/00941.HK) released its Q1 2026 results after the HK close on Apr 20 (Beijing time), for the quarter ended Mar 2026. Highlights: 1) Operating metrics — revenue held up.Total revenue was RMB 266.4bn (+1% YoY). The company’s telecom service revenue dipped slightly YoY this quarter.Product sales and other businesses posted double-digit YoY growth for a second consecutive quarter. Operating profit was RMB 29.0bn (-11% YoY)...

China Mobile: Tax Reform Skimming? Payouts Need to Be More Generous

China Mobile (941) announced its first-quarter results, with operating revenue of CNY 266.5 billion, a slight increase of 1.0% year-on-year; net profit of CNY 29.3 billion, a decrease of 4.2% year-on-year; and EBITDA of CNY 76.7 billion, a decline of 5.0% year-on-year. Revenue from core business was CNY 219.9 billion, down 1.1% year-on-year, but revenue from other businesses reached CNY 46.6 billion, a significant increase of 12.7% year-on-year. As of the end of March, the total number of mobile customers reached 1.009 billion, and the number of IoT connections exceeded 1.5 billion. Capital expenditure contracted, while cash reserves increased by 24%. China Mobile will continue to enhance its core competitiveness and promote technological innovation

China Mobile's EBITDA in the first quarter fell by 5%, while revenue from cloud computing and other businesses increased by 12.7%

China Mobile Q1 2026 First Take: revenue grew at a low single-digit pace, while profit declined on GPM compression and higher costs. With capex cut sharply in the quarter, after-tax cash operating profit still rose about 5%. Connectivity remains the core biz., accounting for nearly 90% of revenue. Mobile subscribers increased by 3.76 mn QoQ in the quarter. As the leading domestic operator, the QoQ add underscores its competitive position. Behind China Mobile's steady print, the market is focused on three areas. They are: a) capex, b) dividends, and c) the VAT policy shift. a) Capex: Q1 capex was RMB 30.4bn, down RMB 6bn YoY. Given the full-year plan of RMB 136.6bn, the remaining three quarters imply ~RMB 106.4bn in total, or ~RMB 35.2bn per quarter. As the 5G heavy investment cycle winds down, capex continues to contract. b) Dividends: The company paid RMB 19.7bn in Q1. Payouts are typically concentrated in Q2–Q3. Assuming a RMB 35.0bn dividend in Q2, the payout ratio would remain around 76%. c) VAT change: Effective Jan 1, 2026, data, SMS and MMS will be reclassified from 'value-added telecom services' to 'basic telecom services'. The applicable VAT rate will rise from 6% to 9%. Overall, revenue and subscriber counts continue to grow, with capex trimmed and a high payout maintained. While there are limited near-term growth drivers, it remains a solid dividend play. $CHINA MOBILE(00941.HK) $China Mobile(600941.SH) $CHINA MOBILE-R(80941.HK)

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CHINA MOBILE reported first-quarter revenue of 266.5 billion yuan, a 1.0% year-over-year increase, reflecting moderate growth momentum, while core telecommunications service revenue declined by 1.1%. Net profit narrowed by 4.2% year-over-year to 29.3 billion yuan, signaling persistent profitability pressures. The primary driver of overall revenue growth came from 'other business income,' which surged 12.7% year-over-year to 46.6 billion yuan, indicating that emerging businesses such as computing power and intelligent services are becoming significant revenue supplements

- China Mobile's Q1 2026 financial report shows mixed results, with telecom revenue declining 1.1% and net profit narrowing by 4.2%.  
- However, cash flow from operating activities surged 128.1% year-on-year to 714 billion CNY, indicating effective cash management.  
- While traditional core business growth has plateaued, emerging revenue streams from technology services grew by 12.7%, potentially offsetting pressures on primary revenue in the coming years.

Guotai CSI All Share Communications Equipment ETF

Tianhong CSI Computer Theme ETF

CHINA MOBILE Q1 Revenue Edges Up, Net Profit Slides as Cloud Computing and Compute Leasing Emerge as New Growth Engines | Financial Report Insights

Today’s Key News Recap

Traeger

BI-CMOB@EC2611A(28317.HK)

BI-CMOB@EC2611A Stock Performance Chart

MIIT: 1Q26 Telecom Service Revenue Down 1.8% YoY; Total Telecom Business Volume Up 8.3% YoY

Consolidation Expected For Hong Kong Shares

State Council: Strengthen R&D of Sixth-Generation Mobile Communication (6G), Advance Mobile IoT Construction

Hong Kong stock market closing | The Hang Seng Index rose 0.48% to stabilize at 26,487 points, with technology growth stocks leading the gains, AUNTEA JENNY rose nearly 15%

AAPL pivots from the 'Cook era' to a hardware-first play; AMZN adds $5bn, doubling down on Anthropic | Daily News Recap