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HKG:0762 10 February 2025 - 9 February 2026

China Mobile stock slides after Goldman Sachs downgrade as 5G build outlook cools

China Mobile stock slides after Goldman Sachs downgrade as 5G build outlook cools

China Mobile shares fell 2.1% to HK$78.50 after Goldman Sachs downgraded the stock to “Neutral” and cut its target price to HK$88. The drop came as the Hang Seng Index rose 1.76%. Goldman cited slower 5G growth and flagged a reduced pace of new base-station rollouts for 2026 and 2027. China Telecom and China Unicom also slipped, but China Mobile’s decline was steeper.
9 February 2026
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Internet Access in China

Internet Access in China

China had 1.09 billion internet users by end-2023, with over 99% on mobile. State-owned ISPs—China Telecom, China Unicom, and China Mobile—control regional access and backbone networks. All international traffic passes through three government-run gateways, slowing foreign site access. The Great Firewall blocks major foreign platforms and censors content; VPN use is tightly restricted.
10 February 2025
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Stock Market Today

  • Sensex Gains 394 Points as RBI Forex Measures and Lower Crude Oil Prices Boost Market
    June 9, 2026, 8:50 AM EDT. On June 9, 2026, Indian markets rebounded strongly with Sensex climbing 394 points to 73,918 and Nifty rising 119 points to 23,242. The Nifty Bank index surged 1,130 points led by gains in PSU and private banks. The recovery followed a drop in Brent crude oil below $94 per barrel and the Reserve Bank of India's new forex policies, including concessional FCNR(B) deposits and ECB swap facilities aimed at attracting foreign currency inflows. The government's introduction of a ₹10,000 crore Aviation Turbine Fuel price stabilization fund and uniform ATF pricing bolstered airline stocks, notably InterGlobe Aviation rising nearly 4%. PSU Banks led sector gains while IT stocks lagged. Positive global cues further supported broad buying on Dalal Street for a robust market turnaround.

Latest articles

AmpliTech’s 5G Radio Test Moves AMPG Shares

AmpliTech’s 5G Radio Test Moves AMPG Shares

9 June 2026
AMPG soared 26.7% to $6.57 after AmpliTech revealed its 64T64R Massive MIMO radio was the only one of its kind at O-RAN PlugFest, showing interoperability with major carriers’ equipment, but no new orders were announced, leaving sales conversion as the key investor focus.
Cartesian Growth Ticker Change Draws Trader Attention to Factorial Energy

Cartesian Growth Ticker Change Draws Trader Attention to Factorial Energy

9 June 2026
Factorial Energy surged 16% to $13.80 in its Nasdaq debut as FAC, with premarket trading near $20.70, after replacing CGCT via SPAC merger that raised over $100 million for battery commercialization and implied a $1.3 billion equity value; former CGCT shares now trade as FAC, with founders retaining majority voting power and staged lock-up releases ahead.
Pfizer Falls in Premarket; Fresh FDA Approval Not Lifting the Stock

Pfizer Falls in Premarket; Fresh FDA Approval Not Lifting the Stock

9 June 2026
Pfizer shares fell 1.7% premarket to $25.62 as investors weighed an FDA label expansion for hemophilia drug Hympavzi—now the first subcutaneous non-factor therapy for children 6-11 with hemophilia B—against slower progress in obesity drugs, with mid-stage data for weight-loss shot berobenatide showing a 23.3% vomiting rate and no immediate growth catalyst for the $147 billion company.
Snap Shares Fall Even as Nasdaq Gains; June 16 in Focus

Snap Shares Fall Even as Nasdaq Gains; June 16 in Focus

9 June 2026
Snap Inc. shares fell 1.9% to $5.65, underperforming a rising Nasdaq and leaving the stock 46% below its 52-week high, as investors weigh weak ad revenue growth, North American user declines, and cost-cutting moves against ongoing competitive pressure from Meta and TikTok.
Grab Stock Barely Moves As Taiwan Push And Singapore Merchant Plan Put Growth Back In Focus

Grab Stock Barely Moves As Taiwan Push And Singapore Merchant Plan Put Growth Back In Focus

9 June 2026
Grab shares hovered near $3.33 in pre-market trading after unveiling a new Singapore merchant programme and Taiwan partner commitments, as investors weigh growth initiatives against regulatory hurdles and consumer spending pressure; the stock’s muted move reflects ongoing uncertainty around its proposed foodpanda Taiwan acquisition and potential margin impacts from promotions.
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