Core Viewpoint - Citigroup's report indicates that China Mobile (00941.HK) experienced overall weak performance in the first half of the year, with net profit growth primarily driven by cost control and a decrease in depreciation expenses [1] Summary by Category Financial Performance - The overall performance of China Mobile in the first half of the year was described as weak [1] - Net profit growth was mainly attributed to effective cost control measures and a reduction in depreciation expenses [1] Investment Outlook - Despite the weak performance, Citigroup remains optimistic about the company's high dividend yield of over 6%, viewing it as defensive [1] - The firm maintains a "Buy" rating and sets a target price of HKD 105.1 for the stock [1]
花旗:看好中国移动6%以上的高股息率 认为具有防御性