Morgan Stanley: Maintains China Mobile (00941.HK) "In-Line" rating, target price HK$80

Zhitong Finance APP has learned that Morgan Stanley issued a research report stating that it maintains China Mobile's (00941.HK) "Market Perform" rating and keeps the H-share target price at HK$80. The bank noted that China Mobile's third-quarter performance has no change to its investment expectations, although it is slightly below market expectations, and it expects the market's earnings per share forecasts for the company to be slightly lowered over the next 12 months.