China Mobile Limited

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CHL News30 articles
Goldman Downgrade Weighs on China Mobile as 5G Expansion Pace Slows
China Mobile shares fell 2.1% in Hong Kong after Goldman Sachs cut its rating to Neutral, citing a cooler outlook for 5G base station deployments in 2026 and 2027.
Markets
China Mobile Faces VAT Hike Impact as Inflation Data and Earnings Loom
China Mobile's A-shares trade near 95 yuan as a VAT increase on telecom services pressures profits. Investors await February inflation figures and the company's March earnings report.
Earnings
China Mobile A-Shares Dip as BeiDou Satellite Service and Tax Hike Weigh on Telecom Outlook
China Mobile's A-shares edged lower ahead of the weekend, with investors eyeing the rollout of BeiDou satellite messaging and potential margin pressure from a higher VAT rate on telecom services.
Technology
Lam Research Hits Record High on AI Chip Demand Despite China Risks
Lam Research shares surged over 7% to a record high on AI-driven demand and a Buy rating from Seaport Global, though China export risks persist.
Technology
ASML Shares Dip Amid AI Optimism and China Export Concerns
ASML's U.S. shares slipped 0.83% as a strong 2026 outlook clashes with China export worries. Q1 sales hit €8.8B.
Markets
Nvidia Secures Pentagon AI Deal Amid China Supply Challenges
Nvidia gains Pentagon approval for AI on classified networks, while China server prices near $1 million due to export curbs. The stock trades at $199.57.
Technology
New US Export Curbs Target Applied Materials, Chip Tool Shipments to China's Hua Hong
The US Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China's Hua Hong, targeting advanced chip production facilities. AMAT shares fell 5.8%.
Regulation
Rare Earths Americas IPO Targets $368M Valuation Amid China Supply Concerns
Rare Earths Americas began its U.S. IPO roadshow, aiming for a valuation up to $368.4 million and planning to raise as much as $52.8 million by selling shares at $17–$19 each.
IPO
Applied Materials Tumbles 5.5% on Renewed China Export Fears
Applied Materials shares dropped 5.5% after a Reuters report that the U.S. Commerce Department ordered chip equipment makers to stop some shipments to China's Hua Hong.
Technology
BYD's Q1 Profit Plunges 55% Amid China's EV Price War
BYD reported a 55% drop in Q1 net profit to 4.08 billion yuan, hit by China's EV price war and sluggish domestic demand. Revenue fell 11.8% to 150.23 billion yuan.
Earnings
Walmart's China Growth and Express Delivery Bolster Trillion-Dollar Valuation
Walmart's stock holds above $129, maintaining a $1 trillion market cap, driven by strong China growth and new one-hour delivery options at Sam's Club.
Earnings
China Orders Meta to Reverse $2 Billion Manus AI Deal Amid Tech Talent Tensions
China's NDRC has ordered Meta to reverse its $2 billion acquisition of AI startup Manus, citing foreign investment security rules, escalating tensions over AI talent and technology ahead of a Trump-Xi meeting.
Regulation
BMW's China Challenge Intensifies with Neue Klasse EV Debut at Auto Beijing
BMW showcases new China-specific electric models at Auto China 2026, but faces a 10% Q1 sales decline and intensifying rivalry from domestic brands like Geely and Nio.
Markets
AXT Raises $632.5M to Expand InP Wafer Production in China Amid AI Boom
AXT raised $632.5 million to boost indium phosphide wafer production in China, betting on AI demand. First-quarter revenue is projected at $26-$28 million, with a net loss up to $2.6 million.
Technology
ASML Confirms Capacity to Meet 2026 AI Chip Demand, Cites China and Tech Adoption Risks
ASML's CEO assured investors the company will not constrain the global chip industry's ability to meet AI-driven demand in 2026, following significant capacity investments. The company raised its 2026 sales outlook to €36-40 billion, though it flagged persistent risks from geopolitics and the adoption of its newest, costlier machines.
Technology
Hang Seng Rallies on Strong China GDP, Sigenergy Soars in Debut
Hong Kong stocks advanced sharply as China's first-quarter economic growth exceeded expectations, lifting the Hang Seng Index by 1.7%. Technology and electric vehicle battery shares were standout performers.
Markets
China Solar Export Curbs Could Disrupt Tesla's U.S. Energy Expansion
Beijing is weighing export limits on advanced solar manufacturing gear, potentially complicating Tesla's U.S. factory plans. The automaker's energy storage business is now more profitable than its core vehicle operations.
Technology
Super Micro Board Probe into China Server Diversion Tests Investor Confidence
Super Micro Computer is under a board-driven investigation into claims servers were diverted to China, as U.S. prosecutors allege former associates funneled $2.5B in AI technology. Shareholders will vote on directors at an April 15 meeting.
Regulation
NIO Launches ES9 Flagship SUV Amid China's Slowing Premium EV Market
NIO has opened pre-orders for its flagship ES9 SUV, with pricing starting at 528,000 yuan. The launch comes despite a 4.9% drop in its U.S. shares and a contracting premium market in China.
Technology
Nike Plunges to Decade Low on China Revenue Warning, Turnaround Timeline Extends
Nike shares tumbled over 15% to their lowest close in more than ten years after the company projected a steep 20% revenue decline in China and an overall sales drop for the current quarter, missing analyst expectations.
Earnings
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
Earnings
NVIDIA Shares Hover at $175 Amid Senate Scrutiny Over China Exports
NVIDIA shares remained near $175.20 in premarket trading as senators urged a review of its chip export licenses to China. The company's outlook assumes no China data-center revenue.
Regulation
Nvidia's AI Momentum Tempered by Supply and China Concerns
Nvidia's stock remains 17% below its 52-week high as investors weigh robust AI demand against persistent supply chain bottlenecks and geopolitical risks in China.
Technology
Vale Shares Slide Amid Record China Iron Ore Inventories
Vale shares fell over 1% as data showed China's iron ore inventories reaching a multi-year peak while steel production dipped, highlighting potential demand pressure.
Commodities
Nvidia Gains China Approval for H200 Chip as AI Revenue Target Hits $1 Trillion
Nvidia shares showed little movement despite securing Chinese regulatory approval for its H200 AI processor and significantly increasing its long-term AI revenue projection to over $1 trillion.
Technology
Pfizer Shares Dip Amid Market Selloff, Weight-Loss Drug Approved in China
Pfizer shares declined 1.6% on Thursday, caught in a broad market downturn. The company navigates falling COVID product revenue while advancing its pipeline, including a new weight-loss drug approval in China.
Markets
Tesla Shares Dip on 2026 Cash Flow Concerns Despite China Sales Surge
Tesla shares declined Thursday as investors focused on warnings of negative free cash flow in 2026 and reduced delivery forecasts, overshadowing strong China sales growth.
Markets
Tesla's China Sales Surge Amid Slumping Broader Auto Market
Tesla reported a 91% year-on-year increase in China-made vehicle sales for February, reaching 58,600 units, even as the broader Chinese auto market contracted. The company's shares closed at $399.24 on Tuesday.
Markets
Valuation Concerns Emerge for PetroChina and Agnico Eagle After Major Rallies
PetroChina and Agnico Eagle Mines show signs of being overvalued after significant multi-year gains, according to discounted cash flow analyses. Meanwhile, Asian equity markets traded unevenly as oil prices retreated.
Markets
Nvidia Reallocates TSMC Production from China-Bound H200 to Vera Rubin AI Chips
Nvidia has stopped manufacturing its H200 AI processors for the Chinese market and redirected that TSMC production capacity toward its upcoming Vera Rubin chips, according to a Financial Times report. The move follows ongoing U.S. export restrictions blocking H200 shipments to China.
Technology