Previous Close | 67.100 |
Open | 67.250 |
Bid | 66.900 x 0 |
Ask | 66.950 x 0 |
Day's Range | 66.700 - 67.600 |
52 Week Range | 60.900 - 70.200 |
Volume | |
Avg. Volume | 17,554,547 |
Market Cap | 1.473T |
Beta (5Y Monthly) | 0.31 |
PE Ratio (TTM) | 10.03 |
EPS (TTM) | 6.670 |
Earnings Date | N/A |
Forward Dividend & Yield | 4.80 (7.15%) |
Ex-Dividend Date | Jun 06, 2024 |
1y Target Est | 85.67 |
China Mobile Hong Kong ("CMHK" or "the Company") officially announces the launch of LinkNFT, a free marketplace for Non-Fungible Tokens (NFTs), making it the first telecommunications company in Hong Kong to introduce an NFT marketplace. This announcement comes as CMHK's all-encompassing smart living mobile application, MyLink, surpasses the milestone of 7 million users. Building upon the successful launch of MyLink's metaverse digital space last year, a comprehensive upgrade has been implemented
China's latest economic indicators are hinting at potential long-term difficulties, raising concerns among economists globally. The world's second-largest economy has shown a disappointing growth rate for the second quarter of this year, following three years of stringent Covid restrictions. This sluggish recovery, coupled with increasingly rigid regulations imposed on the private sector and a declining property market, could indicate substantial challenges ahead.
State-owned China Mobile Ltd is exploring a buyout of Hong Kong's leading telecoms company HKBN Ltd, four people with knowledge of the matter said, which could spark a bidding war for the firm currently valued at $1 billion. China Mobile in recent weeks sent a request for proposal (RFP) to a small group of banks to advise on acquiring and taking-private the Hong Kong telecom provider, which offers services including broadband and Wi-Fi management, said the people. HKBN shares jumped more than 17% after the Reuters report and closed at HK$6.57 a piece Tuesday, valuing the company at HK$8.6 billion ($1.1 billion).