China Mobile Limited Class A share price: VAT rate shift puts 600941 in focus before Shanghai open

China Mobile’s Class A shares on the Shanghai exchange slipped 0.6% to 96.38 yuan on Friday, tracking the wider market downturn. The stock offers a trailing dividend yield close to 5%, according to data, yet it remains roughly 4.6% lower year-to-date.

China Mobile Limited Class A shares inched higher Monday, closing just under 96.5 yuan ahead of a key policy update in China. The telecom stock, listed in Shanghai, gained 0.23% to finish at 96.50 yuan.

China Mobile’s Shanghai-listed A shares looked poised for a tentative opening after regulators and exchanges in China stepped in to rein in leverage amid the recent stock market rally.