$CHINA MOBILE(00941.HK) fell slightly, $ZTE(00763.HK) dropped five to six percentage points. In the Hong Kong telecom sector today, operators and equipment vendors clearly moved to two different rhythms. $CHINA MOBILE(00941.HK) this kind of operator is relatively resilient in a risk-off environment, supported by its dividend foundation; $ZTE(00763.HK) has heavier equipment/tech attributes, getting hit along with the Hong Kong tech sector, making its volatility much greater. The closer to the growth/tech segment, the more this wave has fallen 🙃
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