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China Mobile ( (HK:0941) ) has provided an update.
China Mobile has announced that, following a new directive from China’s Ministry of Finance and State Taxation Administration effective 1 January 2026, tax treatment for handset data traffic services, SMS and MMS services, and internet broadband connection services within China will be reclassified from value-added telecommunications services to basic telecommunications services, increasing the applicable value-added tax rate from 6% to 9%. The company expects this change in tax classification to affect its revenue and profit, and in response it plans to double down on strengthening its network infrastructure, advancing full-stack innovation and improving operational efficiency as it pursues its strategy of becoming a world-class science and technology services enterprise, while advising investors to exercise caution when dealing in its securities.
The most recent analyst rating on (HK:0941) stock is a Hold with a HK$92.00 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 telecommunications operator in mainland China and Hong Kong, providing mobile, broadband and a range of digital and intelligent services to consumers and enterprises. The group focuses on basic and value-added telecoms offerings, including handset data traffic, SMS and MMS, and internet broadband connections over wireline, mobile, satellite and internet networks.
Average Trading Volume: 23,352,856
Technical Sentiment Signal: Buy
Current Market Cap: HK$1748.9B
Find detailed analytics on 0941 stock on TipRanks’ Stock Analysis page.