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China Mobile (00941.HK): He Biao appointed as Executive Director and CEO
Gelonghui, April 26, 丨 China Mobile (00941.HK) issued an announcement. Following the proposal of the company's nomination committee, review and approval by the board of directors, He Biao has been appointed as the company's executive director and CEO, effective April 26, 2024.
Gelonghui FinanceApr 26 04:32 ET
China Mobile (00941): Ho Chi appointed as Executive Director and CEO
China Mobile (00941) issued an announcement. Following the proposal of the company's nomination committee, review and approval by the board of directors, He Yi has been approved by the committee...
Zhitong FinanceApr 26 04:32 ET
Zhitong Hong Kong Stock Connect Capital Flow Statistics (T+2) | April 24
According to data from the Zhitong Finance App, on April 19, Bank of China (03988), Tencent Holdings (00700), and China Mobile (00941) ranked in the top three in the market for net inflows, with net inflows of 1,185 million yuan, 587 million, 491 million Ideal Automobile-W (02015), HSBC Holdings (00005), and Kuaishou-W (01024) ranked in the top three in the market. Net outflows of -314 million, -157 million, and -119 million dollars respectively ranked in the top three in the market. Botai Biology -B (06990),
Zhitong FinanceApr 23 19:31 ET
North and South Water | Nanshui is buying resource stocks and liquor stocks, and Beishui continues to buy China Mobile Tencent and Bank of China
The net sale of A-shares was $2,997 billion, and the net purchase of Hong Kong shares was HK$2.34 billion by Northbound Capital.
Gelonghui FinanceApr 23 09:06 ET
J.P. Morgan Chase: Maintaining China Mobile's “Accumulation” Rating Target Price of HK$85
J.P. Morgan Chase released a research report stating that it maintains China Mobile's (00941) “gain” rating and believes that it is the industry's first choice. It believes that its stock price is defensive and that dividend visibility is the best in the industry (dividend rate will increase to over 75% by 2026), with a target price of HK$85. The company's performance in the first quarter was mixed. Mobile and fixed network service revenue rebounded slightly. However, operating expenses were high during the quarter, and EBITDA fell 2% year over year. Net profit maintained steady growth due to changes in accounting policies driving depreciation and amortization (D&A) savings, and operating cash flow/free cash flow declined due to a surge in accounts receivable. The bank is expected to disclose quarterly results
新浪港股Apr 23 04:52 ET
Major Bank Ratings | UBS: Maintaining China Mobile's “Buy” Rating Net Profit Growth in the First Quarter Is in Line with Guidelines
According to a report published by UBS, China Mobile's communications service revenue last quarter was 219.3 billion yuan, up 4.5% year-on-year, in line with the increase in industry service revenue announced by the Ministry of Industry and Information Technology, and 1% higher than market expectations. EBITDA was $78 billion, down 2.3% year-on-year, below market expectations due to increased sales expenses and credit impairment losses. Net profit increased 5.5% year-on-year, benefiting from China Mobile extending the depreciation period for 5G assets from 7 to 10 years starting this year, thereby reducing depreciation. UBS expects investors to take a neutral view of the current results. The bank refers to China Mobile's net profit growth in the first quarter and management's
Gelonghui FinanceApr 22 23:30 ET
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