How to buy China Mobile shares (2024)? – invest in China Mobile
Do you want to invest in the largest Chinese telecommunications company? You can do so by buying China Mobile stocks! With a growing market, investing in China Mobile shares can turn out to be a good move. On this page, you can read everything you need to know about investing in China Mobile stocks.
How to buy China Mobile stocks?
China Mobile is listed on the Hong Kong Stock Exchange. As a foreign investor, you can buy and sell China Mobile shares. But which brokers offer this possibility? Below, you can see with which brokers you can buy China Mobile shares:
Brokers | Benefits | Register |
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- Strong market position: China Mobile is one of the strongest telecommunications companies in China.
- Diversification: China Mobile is involved in cloud computing and data centres, which can contribute to future growth.
- Government ownership: China Mobile is owned by the Chinese government, which reduces regulatory risks.
- Increasing demand: The demand for fast networks is increasing rapidly in China.
Risks of investing in China Mobile stocks
- Competition: China Mobile and China Unicom are strong competitors.
- Limitations of the market: China Mobile is heavily dependent on the Chinese market.
- Limited international presence: China Mobile attracts few foreign investors, which puts pressure on the stock price.
- Uncertain regulations: The Chinese market is not always stable, and new regulations can limit the growth of China Mobile.
What are strong competitors of China Mobile?
- China Mobile
- China Unicom
- AT&T
- Verizon
- NTT Docomo
About China Mobile
In China, there are various companies active in the telecon market. Of these companies, China Mobile is the largest.
China Mobile was founded in 1997 and is mainly active in China. China Mobile controls 70% of the mobile market.
History of China Mobile
At the end of the 1990s, there were many small provincial telephone companies in China that were too small to operate nationally. This created a need for a larger telephone company.
Investment bank Goldman Sachs succeeded in bringing together ten provincial telephone companies, which created the company China Mobile in 1997.
By its founding in Hong Kong, the company’s name was still China Telecom (Hong Kong) Limited. The name China Mobile was given to the company in 2000, after which it has been officially named China Mobile Limited since 2006.
Foreign Expansion
Since 2002, China Mobile works with Vodafone. Vodafone acquired a small stake of several percent in China Mobile. Vodafone has since sold this stake, but still works together with China Mobile.
China Mobile sought new customers outside of China. In 2014, it acquired a stake in True Corporation. This company offers mobile phone services in Thailand, which gives China Mobile access to a new market.
If China Mobile manages to build a large position in another country, this can positively influence the stock price. Do you think China Mobile will succeed in expanding its reach? Then it may be wise to buy China Mobile shares.
Strong growth in data traffic & the future
China Mobile began offering data services in 2014. In the first year, the number of customers reached ten million, which was around 10% of the total customer base. In the following years, data traffic increased significantly, while telephone usage decreased.
For example, in 2013, the average monthly phone usage was 486 minutes, which decreased to 366 minutes per month in 2017. Nowadays, data is the largest contributor to China Mobile’s revenue.
As China’s prosperity continues to grow, the domestic market is expected to expand. The demand for faster services and more data will continue to rise. Do you think China Mobile can respond well to this trend? If so, investing in China Mobile stocks might be a suitable option to consider.
Many people wonder whether it is wise to buy China Mobile stocks. China Mobile is a major telecommunications provider in the world’s largest market. Moreover, an increasing number of people gain access to the internet, which could further drive the company’s growth.
However, there are clear risks, such as the unpredictable nature of the Chinese government and competition from other telecom companies. Therefore, it is important to weigh the pros and cons carefully before buying China Mobile stocks.
Auteur
Over Alex Mostert
When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.
1 Comment
my Australian pension fund owns 2500 shares in China Mobile. Myself and my wife are Australian residents and are the only members of the fund. The shares are held by a USA custodian Pershing. I wish to sell the shares but i am informed by Pershing that from 1 June 2022 there is a ban on trading shares in China Mobile.Can you assist me in selling the shares .Thank youPhilip Webbtrustee of Philip Webb Superannuation Fund.