CHINA MOBILE (00941): KPMG Huazhen has appointed Ye Yun to replace Tan Yahong as the signing registered accountant.
CHINA MOBILE (00941) announced that recently, the company received a report from KPMG Huazhen regarding the change of China Mobile Limited...
Morgan Stanley: Among the three major telecom operators, the preference is for CHINA TELECOM (00728). CHINA TOWER (00788) rating is upgraded to "Shareholding."
Morgan Stanley predicts that the service revenue growth rate of the telecommunications Industry in mainland China will slightly rise to 3.2% this year, compared to 2.7% in 2024.
Nomura Adjusts China Mobile's Price Target to HK$88 From HK$89, Keeps at Buy
[Brokerage Focus] Nomura slightly lowered the Target Price for CHINA MOBILE (00941) by 1.12%, indicating that last year's weakness was expected, and its fundamentals are likely to remain weak.
Jingwu Financial News | Nomura's Research Reports indicates that CHINA MOBILE (00941) has a robust balance sheet and cash flow, and the decline in capital expenditure supports sustainable dividend growth. Thus, it will continue to be one of the most defensive stocks in the Listed in Hong Kong market. The firm stated that due to CHINA MOBILE's core business facing saturation and intensified competition, and its government and corporate business being hampered by weak IT spending, its fundamentals may remain weak, and the previous year's weakness was anticipated. The firm has lowered the group's revenue and profit forecasts for the fiscal years 2024 to 2026 by 2.4 to 3.7% and 1.1 to 2.5%, respectively, to reflect the Consumer and corporate market conditions.
China Mobile Remains a Defensive Play, Nomura Says -- Market Talk
Nomura: Maintains CHINA MOBILE (00941) "Buy" rating, Target Price lowered to 88 Hong Kong dollars.
Nomura has lowered the revenue forecast for CHINA MOBILE for the fiscal years 2024-2026 by 2.4-3.7% and the profit forecast by 1.1-2.5%.
12 High Dividend Investing: Key Points You Should Know
