China Mobile Ltd (941)

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China Mobile Ltd Profile

China Mobile Ltd (941.xhkg) is a state-owned telecommunication service and investment holding company headquartered in Beijing, the People’s Republic of China. CHINAMOBILE provides through wireline voice, broadband, roaming, and other related services to 942 million customers in Mainland China and Hong Kong. China Mobile’s market cap is $128.05B (USD), making the company the largest mobile telecommunications corporation by market capitalization and the world's largest mobile network operator by the total number of subscribers, with about 1.6B mobile phone subscriptions. China Mobile Ltd (941.xhkg) is listed on the Hong Kong Stock Exchange (SEHK) as a Hang Seng Index component. The New York Stock Exchange (NYSE) has recently rejected the appeal by China Mobile Ltd to a delisting imposed by former president Trump. The US stock market delisting has blocked any US investment in companies linked to the People's Liberation Army. China Mobile Ltd aims to raise about $8.6B (USD) in Shanghai to finance its 5G network expansion, in what would be the biggest Initial Public Offer (IPO) in the Chinese market in more than a decade. On 10th September 2021, China Mobile Ltd and China Broadcasting Network Group announced their supplemental agreement on the co-construction and sharing of a 5G wireless network.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 22888

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