TOPIC

/ company

China Mobile

(中国移动有限公司)

China Mobile

中国移动有限公司

China Mobile Ltd is a state-owned telecom providing mobile voice and multimedia services through a nationwide mobile network. It is listed in New York and Hong Kong.

Chairman / President

Yang Jie

CFO / Finance Director

Dong Xin

Industry

Telecommunications

Website

chinamobileltd.com

Headquarters Address

60 Xuanwumen West Street, Xicheng District, Beijing, China

Stock Code

SEHK: 0941
NYSE: CHL

Year Founded

1997

last updated:

28 August, 2024

Hong Kong Broadband Network (HKBN) is a takeover target for China Mobile and I Squared Capital. Photo: Sam Tsang,

Mergers & Acquisitions

China Mobile makes takeover bid for HKBN with US$1 billion offer

China Mobile has received undertakings from Canada Pension Plan Investment Board and US private equity firm TPG, which hold a combined 25 per cent stake.

3 Dec 2024 - 5:57PM

Mergers & Acquisitions

China Mobile in talks to buy broadband service provider HKBN

20 Nov 2024 - 4:50PM

Artificial intelligence

MTR Lab backs AI start-up Ensonic in first mainland Chinese investment

7 Nov 2024 - 1:58AM

Huawei

Huawei to step up AI ecosystem development despite US tech sanctions

‘In 2024 and over the next five years, Huawei will invest even more into ecosystem development,’ deputy chairman Eric Xu Zhijun said.

25 Sep 2024 - 3:34PMvideocam

Huawei Technologies aims to build artificial intelligence systems “that are accessible to every person, home and organisation”. Photo: Shutterstock

Science

China’s new 6G standards mark significant advance in setting future framework

Proposed standards intended to aid different 6G requirements, such as the need to send secure content and keep data up to date.

13 Sep 2024 - 9:03AMvideocam

Video gaming

China approves 117 video games, the most in 2024, amid Black Myth: Wukong mania

The National Press and Publication Administration has licensed a total of 850 domestic titles in the first eight months of this year, compared with 609 in the same period in 2023.

31 Aug 2024 - 5:50PM

Hong Kong

Editorial | Step up fight against Hong Kong online scam scourge

Phone scams have steadily increased, with losses nearly doubling in value last year in the city to HK$9.18 billion.

29 Aug 2024 - 6:30AM

Many Hong Kong victims of online scams were told they were signed up for insurance policies or other services, then pushed to “cancel” the bogus orders by providing bank details and paying “earnest money”. Photo: Shutterstock

Artificial intelligence

China’s telecoms operators and gear makers tout AI ambitions at MWC Shanghai

China’s telecoms industry players are betting on the growth potential from increased demand for artificial intelligence by enterprises and consumers.

27 Jun 2024 - 2:43PM

US-China tech war

US probing China Telecom, China Mobile over internet, cloud risks

The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns they could exploit access to American data through their US cloud and internet businesses by providing it to Beijing.

25 Jun 2024 - 11:05AM

Huawei

US to bar China’s Huawei lab from certifying wireless equipment

Huawei’s recognition as an accredited lab expired on Tuesday and its request for an extension of its recognition was denied by US authorities.

2 May 2024 - 10:39AM

US-China relations

US agency bars Chinese telecoms carriers from offering broadband services

The FCC has cited national security concerns in revoking or denying Chinese companies’ rights to provide US telecoms services.

26 Apr 2024 - 9:35AM

A motorist rides past a China Telecom store in Shanghai in January 2021. Photo: Bloomberg

Hong Kong economy

About 60 enterprises forge partnerships with new Hong Kong I&T park

Among those to sign partnership deals with Hong Kong-Shenzhen Innovation and Technology Park are top firms from nine major economies.

18 Apr 2024 - 9:02PM

Banking & finance

Towngas signs chip deal, China Mobile opens outpost in boost for Hong Kong tech

Hong Kong’s ambitions of establishing itself as a global technology and research hub received a shot in the arm on Friday after two companies announced expansion and investment plans for the city.

22 Mar 2024 - 7:53PMvideocam

Huawei

Ericsson denies exiting China despite losing ground to Huawei

The company noted in its most recent financial report that uncertainties in the Sino-Swedish relationship is a major business risk.

13 Mar 2024 - 6:00PM

Tencent

Tencent ties up with Big Telcos in latest breach of ‘walled garden’

Users of digital wallets from China Mobile, China Telecom and China Unicom can now make payments by scanning WeChat QR codes, in Tencent’s latest effort to improve interoperability of tech services under Beijing’s directive.

11 Nov 2023 - 6:30PM

Users of digital wallets from China Mobile, China Telecom and China Unicom can now make payments by scanning WeChat QR codes. Photo: AFP

Huawei

Huawei bolsters push for 5.5G networks with operators from China, Middle East

Huawei says 5.5G can offer a tenfold increase in speed over existing networks, providing more efficient power consumption for consumer and industrial uses.

12 Oct 2023 - 12:35AM

Artificial intelligence

China’s biggest AI conference this week has lost its shine among US tech giants

Chinese tech giants are the main attraction at the three-day World Artificial Intelligence Conference in Shanghai, as US firms maintain their distance.

3 Jul 2023 - 9:32PMvideocam

Huawei’s Meng Wanzhou sees continued global expansion of 5G mobile services

The rotating chairwoman at Huawei told the audience at the MWC Shanghai trade show that 5G connections worldwide are expected to reach 5 billion by 2030, up from 1.5 billion connections this year.

28 Jun 2023 - 8:00PMvideocam

Huawei Technologies Co rotating chairwoman Meng Wanzhou delivers her keynote presentation at the MWC Shanghai trade show on June 28, 2023. Photo: Reuters

Huawei, Chinese telecoms firms tout 5G as life-changing tech at MWC Shanghai

Industry executives say 5G has changed the lives of its users, enabling new capabilities such as live-streaming e-commerce from rural farmland.

27 Jun 2023 - 11:00PMvideocam

China technology

MWC Shanghai returns as in-person event after 2-year pandemic hiatus

MWC Shanghai, the regional edition of the world’s largest mobile communications industry trade show, marks its first decade in China this year.

25 Jun 2023 - 8:19PM

Hong Kong

Editorial | Hong Kong to cash in on dual currency trading

Trades in local dollar or yuan in city stock market will offer greater choice to those investors seeking to diversify not only in shares but also currencies.

24 Jun 2023 - 6:30AM

Dual currency stock trading includes mainly big names such as Tencent, Ping An Insurance and AIA. Photo: AP

Huawei

Huawei wins lion’s share of China Mobile’s 5G base station contracts

Chinese telecoms giant Huawei will supply over half of the base stations for China Mobile’s 5G network between 2023 and 2024, in a deal that will bring in more than US$570 million of much needed revenue.

13 Jun 2023 - 2:00PM

Crime in China

Block overseas calls: Chinese police issue ‘urgent reminder’ in anti-fraud drive

Flurry of public appeals is part of drive to combat rampant online fraud by scaling down mobile users’ exposure to platforms seen as hard to police.

8 Jun 2023 - 7:00PMvideocam

China stock market

Price gap for dual-listed stocks hits 5-month high amid SOE, AI euphoria

The yuan-traded shares of 150 dual-listed companies commanded a 42 per cent premium over their Hong Kong-listed shares this month, versus a 10-year average of 26 per cent.

8 May 2023 - 4:22PM

Corruption in China

Former Bank of China chief Liu Liange facing corruption investigation

The 62-year-old was abruptly removed from his post as chairman and party chief at the leading state-owned lender in February.

1 Apr 2023 - 12:58AMvideocam

Liu Liange was snared by an anti-corruption campaign targeting the financial sector. Photo: AP

China to launch early 6G applications by 2025 ahead of 2030 commercial roll-out

China Unicom, the country’s third-largest wireless network operator, expects to complete technical research and launch early ‘application scenarios’ for 6G mobile technology by 2025.

25 Mar 2023 - 6:49PM

The mainland’s three major telecommunications network operators – China Mobile, China Telecom and China Unicom – are expected to start commercial 6G mobile services from 2030. Photo: Shutterstock

China stock market

World’s largest phone network challenges distiller as China’s most valued stock

China Mobile’s market capitalisation is 2.1 trillion yuan (US$304.8 billion), second only to Kweichow Moutai’s 2.2 trillion yuan, as traders bet the mobile-network operator will benefit from Beijing’s plan to digitise the economy.

15 Mar 2023 - 6:09PM

China stock market

China’s telcos turn world beaters in rare stock re-rating amid tech ambitions

China’s three telecom operators, panned as value destroyers in stock markets, are no longer market laggards. Stock returns this year are among the best in the world. Here’s why.

6 Mar 2023 - 7:00AMvideocam

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