
$CHINA MOBILE(00941.HK) The technical chart shows a golden cross and a breakthrough of key moving averages. In the absence of a single hot event driving the market, I believe this reflects a collective reconfirmation of the stability of its business fundamentals and the value of its high dividend yield. As a core conduit of the digital economy, its business is closely tied to the pace of macroeconomic recovery, and the current trend may imply a mildly optimistic outlook for the economic prospects.
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