--- title: "Hong Kong Stock Movement: APT SATELLITE rises 10.25%, with clear capital flow, market sentiment triggers volatility attention" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/274613635.md" description: "APT SATELLITE rose 10.25%; China Mobile rose 0.71%, with a transaction volume of HKD 2.144 billion; China Telecom fell 2.15%, with a transaction volume of HKD 494 million; China Unicom fell 2.28%, with a transaction volume of HKD 488 million; China Tower fell 1.53%, with a market value of HKD 193.1 billion" datetime: "2026-02-03T07:17:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274613635.md) - [en](https://longbridge.com/en/news/274613635.md) - [zh-HK](https://longbridge.com/zh-HK/news/274613635.md) --- > 支持的语言: [English](https://longbridge.com/en/news/274613635.md) | [繁體中文](https://longbridge.com/zh-HK/news/274613635.md) # Hong Kong Stock Movement: APT SATELLITE rises 10.25%, with clear capital flow, market sentiment triggers volatility attention **Hong Kong Stock Movement** APT SATELLITE, up 10.25%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** China Mobile, up 0.71%. Based on recent key news: 1. On February 1, the Ministry of Finance and the State Administration of Taxation announced an adjustment to the value-added tax rate, increasing the telecom service tax rate from 6% to 9%, which will negatively impact China Mobile's revenue and profits. Source: Zhitong Finance 2. On February 2, Morgan Stanley released a report indicating that the tax rate adjustment could lead to a 7.8% decline in China Mobile's earnings per share. Source: Morgan Stanley 3. On February 3, Citigroup reported that market competition and stable demand make it unlikely for operators to pass the tax burden onto consumers, with service revenue potentially declining by 3%. Source: Citigroup. The telecom industry faces pressure from the VAT increase. China Telecom, down 2.15%. Based on recent key news: 1. On February 2, the Ministry of Finance and the State Administration of Taxation announced an increase in the telecom service value-added tax rate from 6% to 9%. This policy adjustment negatively impacts China Telecom's revenue and profits, leading to a decline in stock price. Source: Zhitong Finance 2. On February 2, Morgan Stanley released a report stating that the VAT increase will lead to a 14.1% decline in China Telecom's earnings per share. The firm downgraded its rating on Chinese telecom stocks to "neutral," further exacerbating negative sentiment in the market. Source: Zhitong Finance 3. On February 3, UBS analysis indicated that the VAT adjustment will affect China Telecom's net profit by approximately 17.9%, increasing market concerns about its profitability and putting pressure on the stock price. Source: Zhitong Finance. The telecom industry faces pressure from the VAT increase. China Unicom, down 2.28%. Based on recent news: 1. On February 2, the Ministry of Finance and the State Administration of Taxation announced that starting from January 1, the telecom service value-added tax rate would be increased from 6% to 9%. This adjustment will negatively impact China Unicom's revenue and profits, leading to a decline in stock price. Source: Yicai 2. On February 2, Morgan Stanley's report indicated that the VAT increase will lead to a decline in China Unicom's earnings per share and dividends per share in 2026. The firm downgraded China Unicom's rating to "in line with the market." Source: Morgan Stanley 3. On February 1, China Unicom announced that the VAT adjustment would impact the company's revenue and profits. The company will adhere to its main responsibilities, improve operational efficiency, and promote high-quality development. Source: China Unicom official website. The telecom industry faces pressure from the VAT increase, with profitability under pressure in the short term. **Stocks with High Market Capitalization in the Industry** China Tower, down 1.53%. Based on recent news: 1. On February 3, China Tower's stock price fluctuated around the support area of HKD 1.0, with mainline capital flowing out during the session, and trading volume remaining at low levels. Technically, the MACD death cross continues, with short-term bearish sentiment prevailing On the external front, the global technology sector is under pressure and liquidity in the Hong Kong market is tightening, leading to China Tower being affected by sector rotation and a lack of market participation enthusiasm. On February 2, Peking University and China Tower officially unveiled their artificial intelligence industry-education integration innovation platform. This platform is an important project for national industry-education integration innovation, aimed at supporting the construction of "double first-class" universities and serving major national strategies. China Tower is deeply involved in this platform, establishing three major technology research and development centers. The global technology sector is under pressure and liquidity in the Hong Kong market is tightening ### 相关股票 - [APT SATELLITE (01045.HK)](https://longbridge.com/zh-CN/quote/01045.HK.md) ## 相关资讯与研究 - [A C-Suite executive at Pop Mart's biggest Chinese competitor explains what goes into making a hit toy like Labubu](https://longbridge.com/zh-CN/news/281606541.md) - [Starfighters Space Delays Annual 10-K Filing](https://longbridge.com/zh-CN/news/281397627.md) - [Pop Mart’s $33 Billion Rout Casts Doubt on Life After Labubu](https://longbridge.com/zh-CN/news/281434908.md) - [22:00 ETHEARTS ON FIRE CELEBRATES 30 YEARS OF BRILLIANCE WITH NEW GLOBAL CAMPAIGN WHAT'S YOUR SIGNATURE?](https://longbridge.com/zh-CN/news/281450272.md) - [TSMC's Supply Squeeze Through 2028 Could Be This Chipmaker's Big Break As AI Demand From Nvidia, Apple Surges](https://longbridge.com/zh-CN/news/281141442.md)