China Mobile Class A stock price: 600941 heads into Monday after China PMI shock and a UBS downgrade
China Mobile’s Shanghai shares fell 0.6% to 96.38 yuan Friday, underperforming amid a broader market downturn and weak January PMI data. UBS downgraded the company’s Hong Kong shares, citing pressure on core telecom and cloud services. China Telecom rose 1.0%, while China Unicom slipped 0.8%. China Mobile’s next earnings report is scheduled for March 27.