The “elephant dance” of China Mobile, with a total market value of 1.4 trillion a shares, sharply raised the share price near noon and sealed the trading limit until the closing, setting a record high, with a one-day market value of 130 billion.
China Mobile’s H-share has a sharp trend recently, with a cumulative increase of 25% so far in mid December.
Since the listing and trading on January 5, 2022, due to the escort of the “green shoes” mechanism (over allotment option), the share price of China Mobile A shares fluctuated slightly and remained above the issue price of 57.58 yuan. Until February 8, China Mobile A shares officially “took off their shoes”.
After taking off the shoes, China Mobile’s share price rose one after another. The share price rose by 5.42% on February 8, and the share price directly rose by the limit on February 9, up nearly 16% in two days.
In terms of news, Migu video of China Mobile won the rights of live and on-demand broadcasting of the Winter Olympic Games. The interpretation of former Olympic champion Wang Meng came out of the circle, contributing a huge amount of traffic to Migu video.
In addition, in August 2021, Gu ailing became the 5g ice and snow Promotion Ambassador of China Mobile. In the past two trading days, Invengo Information Technology Co.Ltd(002161) gained two trading limits just because the securities abbreviation was associated with Gu ailing (looking at Gu ailing winning the championship from a distance).
Previously, China Mobile released a performance forecast. It is expected to achieve a revenue of about 844.9 billion yuan to 852.6 billion yuan in 2021, with a year-on-year increase of about 10% – 11%; The net profit attributable to the parent company was about 114.3 billion yuan to 116.5 billion yuan, with a year-on-year increase of about 6% – 8%. According to the forecast upper limit of net profit, China Mobile has surpassed PetroChina, Sinopec and Kweichow Moutai Co.Ltd(600519) and topped the A-share net profit.
On January 23, China Mobile announced that the actual controller planned to increase the company’s shares by 3-5 billion yuan. According to the analysis of insiders, the recent sharp rise in the share price of China Mobile is largely due to the previous substantial increase in the holdings of actual controllers. As a central enterprise, the company returns policy support to help stabilize the stock market. From the perspective of the company, this increase took place under the background of the failure of the “green shoe mechanism” and the high expectation of annual performance. At this time, it is of great significance to stabilize the stock price.
Citic Securities Company Limited(600030) analyst Huang Yayuan said in the latest research report that China Mobile, as the leader of global operators, has a stable position and outstanding profitability. The current valuation is still at a historical low, and the Growth Logic of 5g era is reconstructed, which is of great configuration value.
Zheshang Securities Co.Ltd(601878) analyst Zhang Jianmin also commented quickly today that China Mobile’s transformation and upgrading from communication services to information services has achieved results. Driven by the improvement of 5g penetration and the strong growth of innovative business, the future growth is expected to continue to exceed expectations.
Elephant dancing indicates the establishment of “emotional bottom”? Mysterious funds crazy buying China Mobile’s daily limit market value rose to seventh in a shares!
Citic Securities Company Limited(600030) : give China Mobile A-share target price of 75 yuan and maintain the “buy” rating
China Industrial Securities Co.Ltd(601377) : China Mobile’s A-share Pb valuation center may reach 1.5 times
Zheshang Securities Co.Ltd(601878) : China Mobile’s profit growth is expected to be 7.03% / 7.38% / 7.19% from 2021 to 23
The net profit of China Mobile is expected to be rmb158.1 billion to rmb158.3 billion in 2022
