--- title: "The value-added tax on telecommunications services in mainland China has been raised to 9%. China Telecom and China Unicom opened lower by 6% to 7%, while China Mobile opened lower by 2%" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/274444816.md" description: "The three major Chinese telecom stocks in mainland China opened lower this morning, with China Mobile down 2.26% to HKD 78, China Telecom down 6.32% to HKD 5.04, and China Unicom down 7.04% to HKD 7.39. This adjustment is due to the announcement by the Ministry of Finance and the State Administration of Taxation, stating that starting from January 1 of this year, the VAT rate for value-added telecom services has been raised from 6% to 9%" datetime: "2026-02-02T01:23:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274444816.md) - [en](https://longbridge.com/en/news/274444816.md) - [zh-HK](https://longbridge.com/zh-HK/news/274444816.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/274444816.md) | [English](https://longbridge.com/en/news/274444816.md) # The value-added tax on telecommunications services in mainland China has been raised to 9%. China Telecom and China Unicom opened lower by 6% to 7%, while China Mobile opened lower by 2% The three major Chinese telecom stocks in the mainland were under pressure this morning (2nd). China Mobile (00941.HK) opened down 2.26% at HKD 78, with a pre-market transaction of 1.475 million shares, involving HKD 115 million. China Telecom (00728.HK) opened down 6.32% at HKD 5.04, with a pre-market transaction of 4.072 million shares, involving HKD 20.5229 million. China Unicom (00762.HK) opened down 7.04% at HKD 7.39, with a pre-market transaction of 5.108 million shares, involving HKD 37.7481 million. The three major Chinese telecom operators announced that recently, the Ministry of Finance and the State Administration of Taxation issued a notice regarding the specific scope of value-added tax collection, stating that starting from January 1 of this year, within the national borders, business activities that provide mobile data services, SMS and MMS services, and internet broadband access services using fixed networks, mobile networks, satellites, and the internet will have their tax category adjusted from value-added telecom services to basic telecom services, with the corresponding value-added tax rate adjusted from 6% to 9% ### 相關股票 - [China Unicom (600050.CN)](https://longbridge.com/zh-HK/quote/600050.CN.md) - [CHINA UNICOM (00762.HK)](https://longbridge.com/zh-HK/quote/00762.HK.md) - [CHINA TELECOM (601728.CN)](https://longbridge.com/zh-HK/quote/601728.CN.md) - [China Mobile (600941.CN)](https://longbridge.com/zh-HK/quote/600941.CN.md) - [CHINA TELECOM (00728.HK)](https://longbridge.com/zh-HK/quote/00728.HK.md) - [CHINA MOBILE (00941.HK)](https://longbridge.com/zh-HK/quote/00941.HK.md) ## 相關資訊與研究 - [China Mobile flirts with record dividend yield](https://longbridge.com/zh-HK/news/280987132.md) - [China Mobile Limited Reports Earnings Results for the Full Year Ended December 31, 2025](https://longbridge.com/zh-HK/news/280669872.md) - [China Telecom Sets March Board Meeting to Approve 2025 Results and Consider Final Dividend](https://longbridge.com/zh-HK/news/278853318.md) - [Communication services posts weak performance in Q1; VZ tops chart and TTD, DIS among losers](https://longbridge.com/zh-HK/news/281408103.md) - [Jefferies Sticks to Its Buy Rating for China Telecom (ZCH)](https://longbridge.com/zh-HK/news/275470839.md)