UB-CMOB@EC2611A

Goldman Sachs Upgrades China Mobile's Profit Forecast and Target Price

China Mobile Announces Tender Results for 2026 Green Multiband Base Station Antenna Product Concentrated Procurement Project

China Mobile Releases Its Self-developed Nine Heavens 35B General Model

China Mobile Vice President Elaborates on AI Trends and Emphasizes Trustworthiness

Former Senior Executive of China Mobile Guangdong Branch Under Investigation for Serious Disciplinary and Legal Violations

Citibank Sees Positive Outlook for China Mobile's Strategic Transformation at 2026 Cloud Conference

iFLYTEK and China Mobile Jointly Launch 'Xinxi Xinghuo Smart Box'

China Mobile Launches Mobile Model Service Platform MoMA

China Mobile Announces the Construction of a Value Chain Linking Computing Power and Tokens

China Mobile Chairman Chen Zhongyue Delivers Keynote Speech at the 2026 Mobile Cloud Conference

China Mobile to Advance Nationwide Integrated Computing Power Network Construction

China Mobile Launches Intelligent Service Matrix and Embodied Intelligence Innovation Center

China Mobile to Launch AI-eSIM Product

China Mobile Holds AI Eco-conference

Mortorel Thread Completes Full Process Adaptation and Verification for the Jiutian 35B Model

China Mobile's Jiutian 35B Model Soon to be Released, Beregn Technology Completes Compatibility Verification

China Mobile and OPPO Jointly Launch eSIM Supported Flagship Phones

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

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G Sachs has raised its target price for CHINA MOBILEfrom HKD88 to HKD94, maintaining a Neutral rating. The company reported a 1% YoY increase in 1Q26 operating revenue to RMB266.5 billion, driven by mobile subscriber growth and AI services. However, EBITDA fell 5% YoY, missing forecasts. Despite short-term pressures on telecommunications services and weak 5G base station deployment, G Sachs remains optimistic about CHINA MOBILE's computing services and has increased its net profit forecasts for 2026-2027 by 2%.

AASTOCKS News

China Mobile

CHINA MOBILE

China Southern CSI Communication Service ETF

Guotai CSI All Share Communications Equipment ETF

ChinaAMC CSI 5G Communication ETF

Harvest CNI Communication ETF

Goldman Sachs

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CN Mobile HK SDR 5to1

CHINA MOBILE-R

G Sachs Raises CHINA MOBILE  TP to HKD94, Rating Neutral

Citi's report on CHINA MOBILEindicates potential short-term pressure during its transformation into a technology service provider. The recent Mobile Cloud Conference highlighted a shift towards a tokenized business model for monetizing computing power and AI applications. Despite short-term challenges, Citi maintains a Buy rating with a target price of HKD105.1, suggesting long-term growth opportunities driven by autonomous Agents and token consumption.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi: CHINA MOBILE May Face ST Pressure During Transformation, Ride on Tokenized Business Model in LT

Chen Zhongyue, Chairman of CHINA MOBILE, announced at the "China Mobile 2026 Mobile Cloud Conference" that the company will advance a nationwide integrated computing power network. This initiative aims to provide accessible computing services and enhance high-speed connections between hub nodes. CHINA MOBILE will also launch a trillion-Token service trial package as part of its "New Computing Power Momentum Initiative" to foster cooperation in resource development and computing interconnection.

Chairman Chen Zhongyue: CHINA MOBILE To Advance Nationwide Integrated Computing Power Network, Launch Trillion-Token Service Trial Package

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Kimi developer Moonshot AI is nearing a $2 billion funding round, valuing the company at over $20 billion. The round is led by Meituan’s Long-Z Fund, with participation from China Mobile and CPE. This follows three previous funding rounds in early 2023, totaling $1.9 billion, bringing the total raised to over $3.9 billion in less than six months, making it the most-funded startup among China's large model companies.

TechNode

YieldMax AI Option Income Strategy ETF

MEITUAN

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Meituan

Meituan HK SDR 5to1

Kimi reportedly nears $2 billion funding round at over $20 billion valuation

Kimi is approaching a significant financing round, aiming to secure $2 billion at a post-investment valuation exceeding $20 billion. According to NS3.AI, Meituan Dragon Ball is spearheading the round, with participation from China Mobile and CPE.

CoinLive

Kimi Nears $2 Billion Financing Round Led by Meituan Dragon Ball

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SPDB International reported that southbound funds recorded a net inflow of HKD56.54 billion into Hong Kong stocks in April, down from HKD61.4 billion in March. The average daily turnover share of these funds decreased to 21.3%. The report highlighted a preference for high-dividend stocks and quality growth names, with notable inflows into CHINA MOBILE, CCB, and XIAOMI. The top 20 stocks by net southbound inflows included CHINA MOBILE (HKD7.93 billion) and CCB (HKD6.09 billion).

Hang Seng Index

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Sinopec Corp.

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LENOVO GROUP

Lenovo Group

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BANK OF CHINA

Bank Of China

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China Merchants Bank

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PICC Group

HUANENG POWER

Huaneng Power International, Inc. Sponsored ADR Class N

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Li Auto

Xiaomi Corporation

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Xiaomi HK SDR 2to1

LENOVO GROUP-R

POP MART HK SDR 20to1

Sunshine Guojian Pharmaceutical

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BOC HONG KONG

Bank of China

SPDB International Lists Top 20 Southbound Net Buys in HK Stocks for Apr (Table)

China Mobile will launch its AI-eSIM product at the 2026 Mobile Cloud Conference in Suzhou from May 7 to 9. This product features an "intelligent brain" for real-time cloud model dispatch, enabling autonomous decision-making and quick responses. Initial applications will target consumer products like AI-powered toys and smart wearables. Additionally, it includes a security chip for unique digital identities, enhancing security in industrial applications such as robotics and drones.

Telecom giant China Mobile to launch AI-eSIM product

China Mobile will launch its AI-eSIM product at the "2026 Mobile Cloud Conference" from September 7-9 at the Suzhou Jinji Lake International Conference Center. The AI-eSIM enables real-time dispatch of cloud-based models, allowing devices to operate autonomously and respond instantly. It is suitable for AI toys, smart wearables, and other devices.

China Mobile to Launch AI-eSIM Product, Applicable to Smart Wearables and Other Devices

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HSBC Research analyzed the 1Q results of Chinese telecom companies, noting a decline in service revenue and net profit due to increased value-added tax. CHINA MOBILE showed resilience with a smaller YoY decline in service revenue and a significant rise in operating cash flow, prompting a Buy rating. In contrast, CHINA TELECOM's results fell short of expectations, leading to a downgrade to Hold. CHINA UNICOM had mixed results, while CHINA TOWER saw revenue growth but missed EBITDA forecasts. HSBC adjusted target prices for these stocks accordingly.

CHINA TELECOM

CHINA UNICOM

China Unicom

CHINA TOWER

HSBC Research: Divergent 1Q Results for Chinese Telecoms; Favors CHINA MOBILE, Downgrades CHINA TELECOM to Hold

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G Sachs reported a net inflow of USD2.1 billion into Hong Kong stocks by Southbound funds last week, totaling USD33 billion for the year. Major net buys included CNOOC (USD202M), CCB (USD174M), and China Mobile (USD136M). Major net sells featured Alibaba (USD287M), Tencent (USD156M), and YOFC (USD47M).

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

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Alibaba

G Sachs Lists Major Net Buys and Net Sells of Hong Kong Stocks by Southbound Funds Last Week (Table)

UB-CMOB@EC2611A(29139.HK)

G Sachs Raises CHINA MOBILE TP to HKD94, Rating Neutral