Group 1 - Southbound funds net bought HK stocks worth 2.258 billion HKD on October 28, with notable purchases in China Mobile (512 million HKD), Hua Hong Semiconductor (396 million HKD), and Pop Mart (322 million HKD) [1] - Significant net sales were observed in Alibaba (522 million HKD), Tencent Holdings (356 million HKD), and Li Auto (292 million HKD) [1] - Southbound funds have continuously net bought SMIC for six days, totaling 3.01773 billion HKD [3] Group 2 - China Mobile announced a leadership change, with Chen Zhongyue appointed as the new Chairman and Party Secretary [4] - Pop Mart is projected to achieve net profits of 13 billion, 17.9 billion, and 22.9 billion CNY from 2025 to 2027, with a significant revenue growth forecast of 245-250% year-on-year for Q3 2025 [4] - Meituan's international delivery brand Keeta launched operations in Abu Dhabi, expanding its service coverage in the UAE [4] Group 3 - Tencent Holdings is the largest institutional shareholder in Minglue Technology, holding 27.33% before its global offering [5] - Li Auto announced promotional offers for its new i6 model, including cash discounts and additional features valued at 30,000 CNY for orders placed in November [5]

Group 1 - The central organization department announced the adjustment of key personnel at China Mobile Communications Group Co., Ltd. [1] - Chen Zhongyue has been appointed as the Chairman and Party Secretary of China Mobile Communications Group Co., Ltd. [1] - Yang Jie has been removed from the positions of Chairman and Party Secretary of China Mobile Communications Group Co., Ltd. [1]

Group 1 - Southbound funds recorded a net purchase of 2.258 billion HKD today [1] - The top three net purchases were China Mobile, Hua Hong Semiconductor, and Pop Mart, with net purchases of 513 million HKD, 396 million HKD, and 323 million HKD respectively [1] - In terms of net selling, Alibaba-W, Tencent Holdings, and Li Auto-W faced net sales of 523 million HKD, 356 million HKD, and 292 million HKD respectively [1]

Group 1 - Guangdong Mobile has optimized 5G networks for 126 sports venues in Guangdong, adding 634 new 5G base stations and establishing 4 cross-border special lines for the Guangdong-Hong Kong-Macao Greater Bay Area [1][2] - The company has integrated advanced technologies such as 5G-A, all-optical networks, digital twins, and the metaverse to create a comprehensive digital support system for the events [2] - A command video conferencing system covering the three regions has been established, upgrading traditional command centers to a cloud-based collaborative platform [2] Group 2 - Guangdong Mobile has deployed 864 sets of cluster intercom devices across key event areas in Guangzhou, Shenzhen, and surrounding regions, ensuring seamless communication during the events [2] - The company is pioneering the application of cross-border roaming cluster communication technology, allowing staff to communicate in real-time across the three regions with a single device [2] - The "China Mobile Cup" cycling event, the only competition integrating the three regions, will take place from November 7 to 9, with Guangdong Mobile providing over 600 cross-border roaming IoT cards for seamless access [2][3] Group 3 - Guangdong Mobile has established a dedicated team to develop a detailed communication support plan, focusing on network security, infrastructure protection, and emergency drills [3] - The company is conducting comprehensive route testing and optimization in collaboration with Macau CTM and Hong Kong CMHK to enhance cross-border roaming signals [3]

Core Viewpoint - The article reports on the leadership changes within China Mobile Communications Group Co., Ltd., highlighting the appointment of Chen Zhongyue as the new Chairman and Party Secretary, while Yang Jie has been relieved of his duties in these roles [1]. Group 1 - On October 28, 2025, China Mobile Communications Group Co., Ltd. held a meeting for middle and senior management [1]. - The Central Organization Department announced the decision regarding the adjustment of the main responsible persons of China Mobile Communications Group Co., Ltd. [1]. - Chen Zhongyue has been appointed as the Chairman and Party Secretary of China Mobile Communications Group Co., Ltd., while Yang Jie has been removed from these positions [1].

Core Viewpoint - The leadership change at China Mobile involves the appointment of Chen Zhongyue as the new Chairman and Party Secretary, replacing Yang Jie, which may impact the company's strategic direction and operational focus [1] Group 1: Leadership Changes - Chen Zhongyue has been appointed as the Chairman and Party Secretary of China Mobile [1] - Yang Jie has been relieved of his duties as Chairman and Party Secretary of China Mobile [1] - The changes were announced during a meeting of senior management and are in accordance with relevant laws and regulations [1]

Group 1 - Southbound funds net bought Hong Kong stocks worth 2.258 billion HKD today [1] - The top net purchases included China Mobile at 512 million HKD, Hua Hong Semiconductor at 396 million HKD, Pop Mart at 322 million HKD, Meituan-W at 166 million HKD, and Sanhua Intelligent Control at 114 million HKD [1] - The top net sales included Alibaba-W at 522 million HKD, Tencent Holdings at 356 million HKD, and Li Auto-W at 292 million HKD [1] Group 2 - Southbound funds have net bought SMIC for six consecutive days, totaling 3.01773 billion HKD [1]

Core Viewpoint - The leadership change at China Mobile involves the appointment of Chen Zhongyue as the new Chairman and Party Secretary, replacing Yang Jie, which may impact the company's strategic direction and operational performance [1][2]. Leadership Changes - Chen Zhongyue has been appointed as the Chairman and Party Secretary of China Mobile, previously serving as the Chairman and Party Secretary of China Unicom [1]. - Yang Jie has been relieved of his duties as Chairman and Party Secretary of China Mobile [1][2]. Company Financial Performance - In Q3, China Mobile reported a revenue of 250.9 billion yuan, representing a year-on-year increase of 2.5% [4]. - The main business revenue was 216.2 billion yuan, with a growth of 0.8%, while other business revenue reached 34.7 billion yuan, growing by 14.8% [4]. - The net profit attributable to shareholders was 31.1 billion yuan, reflecting a 1.4% increase year-on-year [4]. - For the first three quarters of the year, the total revenue was 794.7 billion yuan, up by 0.4%, and the net profit attributable to shareholders was 115.4 billion yuan, growing by 4% [4].

据中国移动（600941）微信公众号消息，2025年10月28日，中国移动通信集团有限公司召开中层以上管 理人员大会。中央组织部有关负责同志宣布了党中央关于中国移动通信集团有限公司主要负责同志调整 的决定：陈忠岳同志任中国移动通信集团有限公司董事长、党组书记，免去其中国联合网络通信集团有 限公司董事长、党组书记职务；免去杨杰同志的中国移动通信集团有限公司董事长、党组书记职务。相 关职务任免按有关法律和章程的规定办理。 2021年1月，陈忠岳任中国联通董事、总经理、党组副书记，2023年11月任中国联通董事长、党组书 记。 此番卸任的杨杰，出生于1962年7月。 据介绍，中国移动通信集团有限公司是按照国家电信体制改革的总体部署，于2000年组建成立的中央企 业，2004年在香港和纽约实现主营业务资产整体上市，2022年1月5日回归A股上市、成为"红筹公司回 归A股主板上市第一股"，注册资本3000亿元人民币，资产规模2.5万亿元人民币。连续20年获国资委中 央企业负责人经营业绩考核A级，入选中央企业科技创新优秀企业榜单、位列首位，连续24年入选《财 富》世界500强企业、最新排名第55位。 公开简历显示，陈忠岳 ...

Core Insights - The Hong Kong stock market saw a net inflow of 22.58 billion HKD from northbound trading on October 28, with the Shanghai-Hong Kong Stock Connect contributing 18.12 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 4.46 billion HKD [1] Group 1: Stock Performance - The most bought stocks included China Mobile (00941), Hua Hong Semiconductor (01347), and Pop Mart (09992) [1] - The most sold stocks included Alibaba-W (09988), Tencent (00700), and Li Auto-W (02015) [1] Group 2: Detailed Stock Transactions - China Mobile (00941) received a net inflow of 5.12 billion HKD, driven by its "AI+" action plan announced at the 2025 Global Partner Conference, which aims to double its investment in AI by the end of 2028 [4] - Hua Hong Semiconductor (01347) and SMIC (00981) saw net inflows of 3.96 billion HKD and 767.7 million HKD respectively, with a focus on domestic technology self-sufficiency amid global tech competition [5] - Pop Mart (09992) attracted a net inflow of 3.22 billion HKD, with HSBC highlighting its growth potential and global expansion strategy [5] - Meituan-W (03690) had a net inflow of 1.66 billion HKD, as it announced key personnel changes to enhance its international business strategy [5] - Sanhua Intelligent Controls (02050) received a net inflow of 1.14 billion HKD, with a board meeting scheduled to discuss its upcoming quarterly results [6] Group 3: Notable Sell-offs - ZTE Corporation (00763) faced a net outflow of 866.4 million HKD, with ongoing board discussions about its quarterly performance [7] - Alibaba-W (09988), Tencent (00700), and Li Auto-W (02015) experienced significant net outflows of 5.22 billion HKD, 3.56 billion HKD, and 2.92 billion HKD respectively [7]