大行评级｜瑞银：上调中国移动目标价至102港元 维持“买入”评级

Core Insights - UBS reported that China Mobile's service revenue for the second quarter increased by 0.1% year-on-year to 245 billion yuan, while EBITDA rose by 1% year-on-year to 105 billion yuan, falling short of the bank's and market expectations of 1% to 2% growth [1] - The management maintains guidance for stable revenue growth and profit growth for the full year, aiming for good growth over the next two to three years [1] - UBS has revised its revenue forecasts for 2025 to 2028 down by 2% to 5%, but has increased its profit forecasts for the same period by 0% to 2%, indicating improved profitability [1] - The target price has been raised from 101 HKD to 102 HKD, with a "Buy" rating maintained [1]