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Matchbox20
2021-08-12

Great but didn't buy any

China Mobile Posts 6% Rise in Profit on Strong Jump in 5G Users

CHINA MOBILE, the world’s largest wireless carrier by subscribers, reported a 6% rise in profit for

China Mobile Posts 6% Rise in Profit on Strong Jump in 5G Users

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ykhoo
·2021-08-12
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- moliya:
  y don't buy
  2021-08-12
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Jinleong
·2021-08-12
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Operating revenue advanced 13.8% to 443.6 billion yuan. The company raised its interim dividend to HK$1.63 a share, compared with HK$1.53 a year before.</p>\n<p>The earnings bolster China Mobile’s prospects -- one of the three dominant state-owned mobile operators that were&nbsp;expelled&nbsp;by the New York Stock Exchange earlier this year -- as it seeks a listing in mainland China. While all the three Chinese carriers are focusing on commercial and industrial applications to accelerate 5G revenue growth to recoup their investment, it’s especially crucial for China Mobile which has lagged rivals in adding users.</p>\n<h3><b>Key Insights</b></h3>\n<ul>\n <li>China Mobile added&nbsp;3.6 million users&nbsp;in the first half -- a marked improvement from 2020 when it had lost over 8 million subscribers in the full year. But the gains pale in comparison to11.5 million&nbsp;new customers lured by&nbsp;China Telecom Corp.&nbsp;and a net addition of&nbsp;4.6 million&nbsp;subscribers by&nbsp;China Unicom Hong Kong Ltd.</li>\n <li>Shareholders are awaiting details on company’s listing plans in mainland China which received&nbsp;board approval&nbsp;in May. Robust user growth will be a tailwind here, according to Bloomberg Intelligence’s analyst Anthea Lai. “Their quickening 5G customer gains bode well with their A-share listing plans,” she wrote in a July 21&nbsp;note.</li>\n</ul>\n<ul>\n <li>Investors will also be keenly looking at thedividendas the carrier’s profit gets a fillip from a faster 5G subscriber net addition in June and cost cutting measures.</li>\n</ul>\n<ul>\n <p>“The telco’s strong cost control should help limit margin pressure from 5G network and marketing expenses,” Lai wrote in an August 10&nbsp;note.</p>\n</ul>\n<ul>\n <li>Industrial Internet will likely be the biggest growth driver for the operators over the next five years, Jefferies analysts led by Edison Lee said in a report on July 29. Related businesses include data centers, cloud, 5G-driven information and communications technologies, big data and the Internet of things.</li>\n <p>China’s spending on information technology may rise by 15% annually over the next five years, Lee said citing research and advisory firm Gartner.</p>\n</ul>\n<h3><b>Market Reaction</b></h3>\n<ul>\n <li>China Mobile’s&nbsp;shares&nbsp;rose as much as 1.3% Thursday in Hong Kong trading, pushing its rise this year to 16%. The benchmark Hang Seng Index has slipped 2.2% in 2021.</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Mobile Posts 6% Rise in Profit on Strong Jump in 5G Users</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Mobile Posts 6% Rise in Profit on Strong Jump in 5G Users\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-12 13:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-12/china-mobile-posts-6-rise-in-profit-on-strong-jump-in-5g-users><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CHINA MOBILE, the world’s largest wireless carrier by subscribers, reported a 6% rise in profit for the first half of this year, boosted by new 5G users and cost-paring efforts.\nNet income rose to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-12/china-mobile-posts-6-rise-in-profit-on-strong-jump-in-5g-users\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00941":"中国移动"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-12/china-mobile-posts-6-rise-in-profit-on-strong-jump-in-5g-users","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142289578","content_text":"CHINA MOBILE, the world’s largest wireless carrier by subscribers, reported a 6% rise in profit for the first half of this year, boosted by new 5G users and cost-paring efforts.\nNet income rose to 59.1 billion yuan ($9.1 billion) for the six months through June, compared with 55.8 billion yuan in the same period last year, according to a statement Thursday. Operating revenue advanced 13.8% to 443.6 billion yuan. The company raised its interim dividend to HK$1.63 a share, compared with HK$1.53 a year before.\nThe earnings bolster China Mobile’s prospects -- one of the three dominant state-owned mobile operators that were expelled by the New York Stock Exchange earlier this year -- as it seeks a listing in mainland China. While all the three Chinese carriers are focusing on commercial and industrial applications to accelerate 5G revenue growth to recoup their investment, it’s especially crucial for China Mobile which has lagged rivals in adding users.\nKey Insights\n\nChina Mobile added 3.6 million users in the first half -- a marked improvement from 2020 when it had lost over 8 million subscribers in the full year. But the gains pale in comparison to11.5 million new customers lured by China Telecom Corp. and a net addition of 4.6 million subscribers by China Unicom Hong Kong Ltd.\nShareholders are awaiting details on company’s listing plans in mainland China which received board approval in May. Robust user growth will be a tailwind here, according to Bloomberg Intelligence’s analyst Anthea Lai. “Their quickening 5G customer gains bode well with their A-share listing plans,” she wrote in a July 21 note.\n\n\nInvestors will also be keenly looking at thedividendas the carrier’s profit gets a fillip from a faster 5G subscriber net addition in June and cost cutting measures.\n\n\n“The telco’s strong cost control should help limit margin pressure from 5G network and marketing expenses,” Lai wrote in an August 10 note.\n\n\nIndustrial Internet will likely be the biggest growth driver for the operators over the next five years, Jefferies analysts led by Edison Lee said in a report on July 29. Related businesses include data centers, cloud, 5G-driven information and communications technologies, big data and the Internet of things.\nChina’s spending on information technology may rise by 15% annually over the next five years, Lee said citing research and advisory firm Gartner.\n\nMarket Reaction\n\nChina Mobile’s shares rose as much as 1.3% Thursday in Hong Kong trading, pushing its rise this year to 16%. The benchmark Hang Seng Index has slipped 2.2% in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":500,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5503476,"commentId":"5503476","gmtCreate":1628745681507,"gmtModify":1663232267948,"authorId":3580621459771902,"author":{"id":3580621459771902,"idStr":"3580621459771902","authorId":3580621459771902,"name":"ykhoo","avatar":"https://static.tigerbbs.com/17429448896a95bc7ed438b67951084a","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895238458,"objectIdStr":"895238458","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>","likeSize":0,"commentSize":1,"subComments":[{"id":5503505,"commentId":"5503505","gmtCreate":1628745927269,"gmtModify":1663232267950,"authorId":3552850525395609,"author":{"id":3552850525395609,"idStr":"3552850525395609","authorId":3552850525395609,"name":"moliya","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895238458,"objectIdStr":"895238458","type":1,"supId":5503476,"supIdStr":"5503476","prevId":0,"prevIdStr":"0","content":"y don't <u>buy</u>","text":"y don't <u>buy</u>","html":"y don't <u>buy</u>"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":5503478,"commentId":"5503478","gmtCreate":1628745696745,"gmtModify":1663232267737,"authorId":3563449743060582,"author":{"id":3563449743060582,"idStr":"3563449743060582","authorId":3563449743060582,"name":"Jinleong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895238458,"objectIdStr":"895238458","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}