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China Mobile ( (HK:0941) ) has provided an announcement.
China Mobile Limited has announced the approval of new agreements with its controlling shareholder, CMCC, to continue their connected transactions for another year, until December 31, 2026. These agreements cover telecommunication facilities construction, power support, and information services, ensuring the continuation of their business operations under the Hong Kong Listing Rules. The announcement signifies the company’s ongoing commitment to maintaining its operational partnerships and compliance with regulatory standards.
The most recent analyst rating on (HK:0941) stock is a Buy with a HK$113.97 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.
More about China Mobile
China Mobile Limited is a major player in the telecommunications industry, providing a range of services including telecommunication facilities construction, power support, and information services. The company focuses on maintaining and expanding its network infrastructure and services, primarily in collaboration with its controlling shareholder, CMCC.
Average Trading Volume: 18,400,014
Technical Sentiment Signal: Buy
Current Market Cap: HK$1892.1B
Learn more about 0941 stock on TipRanks’ Stock Analysis page.