China Mobile Renews 2026 Connected Transaction Agreements With Parent CMCC

China Mobile has renewed its connected transaction agreements with its parent company, China Mobile Communications Corporation (CMCC), effective January 1, 2026. These one-year agreements cover telecommunication facilities construction, mutual leasing of resources, and reciprocal telecommunications services. Classified as continuing connected transactions under Hong Kong Listing Rules, they do not require independent shareholder approval. The latest analyst rating for China Mobile (HK:0941) is a Hold with a price target of HK$92.00. The company is a major telecommunications operator in China and Hong Kong, focusing on network infrastructure and services.