Citi: China Mobile (00941.HK) Q3 results slightly below expectations; maintains "Buy" rating with H-share target price of HK$97

Zhitong Finance APP has learned that Citi released a research report stating that China Mobile's (00941.HK) third-quarter 2026 results slightly missed expectations. The company's third-quarter operating revenue was RMB 242.3 billion, down 3.4% year-on-year, 1.0% below the bank's expectation and 2.4% below market consensus; net profit was RMB 27.3 billion, down 12.4% year-on-year, 3.2% and 5.9% below the bank's and market expectations, respectively. Citi maintains its "Buy" rating, with an H-share target price of HK$97, and gives an A-share (600941.SH) target price of RMB 118.