China Mobile Limited

China Mobile Limited was incorporated in Hong Kong on 3 September 1997, listed on the HKEX on 23 October 1997 (Hang Seng Index constituent since January 1998) and added A-shares on the Shanghai Stock Exchange main board on 5 January 2022; RMB counter trading on its Hong Kong shares began in June 2023. The group provides services across all 31 provinces, autonomous regions and municipalities of mainland China plus Hong Kong, organised into three segments: communications (mobile, broadband, cellular IoT and satellite connectivity), computing (data centres, Mobile Cloud and cloud applications) and intelligence (data and algorithms, embodied intelligence, digital-culture and industry intelligence services). Its credit ratings match China's sovereign rating at S&P A+ (stable) and Moody's A1 (stable). Revenue for the first three quarters of 2026 was RMB 780.30 billion, down 1.8% year on year, with net profit attributable to shareholders of RMB 106.20 billion, down 7.9%; R&D spending in the 2026 interim period alone reached RMB 12.01 billion. Headcount stands at roughly 461,000.

• 01China Mobile is the world's largest mobile operator by subscriber count, with A-shares and H-shares both listed.
• 022026 first three quarters: revenue RMB 780.30bn (-1.8% YoY), net profit RMB 106.20bn (-7.9% YoY).
• 03Credit ratings equal to China's sovereign: S&P A+ (stable), Moody's A1 (stable).
• 04R&D spending reached RMB 12.01bn in the 2026 interim period alone.

1. Jan 5, 2022

   IPO

   CNY 481.2 亿

   Source

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