Group 1 - The core point of the article is that China Mobile plans to acquire a 14.44% stake in Hong Kong Broadband for approximately HKD 1.08 billion, increasing its total ownership to 29.9% [1] - This acquisition is expected to enhance China Mobile Hong Kong's competitiveness in the high-profit broadband market, alongside the expansion of its enterprise and residential services [1] - The expansion of the fiber backbone network will support China Mobile's cross-border cloud services and AI initiatives, positioning Hong Kong as a future international computing power hub [1] Group 2 - The report maintains a "Buy" rating for China Mobile, with a target price set at HKD 88.3 [1]