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Honor Secures New Round of Investment From China Mobile
Received investment from China Mobile, further advancing the path to listing for Honor.
①Honor stated that the investment from China Mobile Communications Corporation in Honor has a good synergistic effect on innovation in the personal and home terminal market. ②Honor plans to launch the corresponding equity reform in the fourth quarter of this year, and then initiate the IPO process at the appropriate time.
Northbound water movements | Net sales of 0.083 billion shares by CSPC Pharma (01093), with an increase of 0.4 billion shares in Semiconductor Manufacturing International Corporation (00981) being sold.
On August 22, in the Hong Kong stock market, the net selling of Mainland institutional investors was 8.3 hundred million Hong Kong dollars, of which the net buying of Shenzhen Connect was 1.565 hundred million Hong Kong dollars, and the net selling of Shanghai Connect was 1.648 hundred million Hong Kong dollars.
Research Reports | Haitong Securities: Gives China Mobile an "outperform the market" rating, and the scale of intelligent calculation has exceeded the annual target.
haitong sec research reports pointed out that China Mobile (600941.SH) has continuously improved its operational efficiency, and the scale of intelligent calculation has exceeded the annual target. Despite the complex global external environment in the first half of the year, the overall effective demand is still insufficient. The overall revenue growth rate has slowed down compared to the past, but the company stated that it will strive to achieve steady revenue growth and good profit growth for the whole year based on the first half of the year. At the same time, the company continues to increase its dividend payout, with a proposed dividend of 2.38 yuan for 24H1, +7% year-on-year. The dividend payout ratio for the whole year is expected to further increase, and the corresponding 24E H shares/A shares dividend yield is 7.1% and 4.5% respectively. Reference global
China Mobile Adds 559,000 Customers to Mobile Business in July
Express News | China, Hong Kong to Approve 10 Securities Firms in Greater Bay Wealth Connect Scheme, Sources Say
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