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China Mobile Class A (600941) price: BeiDou satellite SMS roll-out in focus before Shanghai reopens
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China Mobile Class A (600941) price: BeiDou satellite SMS roll-out in focus before Shanghai reopens
China Mobile’s Shanghai-listed shares closed at 95.11 yuan, down 0.26% Friday, as the Shanghai Composite Index slipped 0.25%. The company and rivals launched BeiDou satellite texting for use without ground networks. A new tax rule raises VAT on telecom services to 9% from 6% starting Jan. 1, 2026, which China Mobile said will impact revenue and profit. The post China Mobile Class A (600941) price: BeiDou satellite SMS roll-out in focus before Sh…
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