智通财经网·2025-10-22 09:59Core Viewpoint - Despite increased operating expenses due to AI cloud product development and talent recruitment, China Mobile (00941) reported a year-on-year profit growth of 1.4% in Q3 [1] Group 1: Financial Performance - China Mobile's Q3 profit increased by 1.4% year-on-year [1] Group 2: Future Outlook - The demand for AI computing power driven by fully autonomous IP and hardware/software cloud services is expected to boost telecom operators' profitability in the remainder of 2025 and beyond [1] Group 3: Analyst Recommendations - CICC maintains a "Buy" rating for China Mobile with a target price of HKD 103.2 [1] - The preferred ranking for telecom operators remains unchanged: China Telecom (00728), China Mobile, and lastly China Unicom (00762) [1]