600941 heads into Monday after China PMI shock and a UBS downgrade
SHANGHAI, Feb 1, 2026, 04:41 CST — The market has closed.
China Mobile’s Class A shares on the Shanghai exchange (600941) slipped 0.6% to 96.38 yuan on Friday, tracking the wider market downturn. The stock offers a trailing dividend yield close to 5%, according to data, yet it remains roughly 4.6% lower year-to-date. (AAStocks)
Fresh macro pressure hits as the next session begins. China’s official manufacturing PMI for January dropped to 49.3 from 50.1, while the non-manufacturing index slipped to 49.4, both below the critical 50 threshold signaling contraction. Nomura’s chief China economist Ting Lu warned that “Beijing will have to do much more” to keep growth above 4.5% this year. (Reuters)
China Mobile…
