Quam Securities

Since its inception in 1986, Quam Securities Limited (Quam Securities) has grown to become one of the few mid-tier securities brokerages in Hong Kong with global execution capabilities for both private and institutional clients. It boasts a well-established network in Greater China including Taiwan and in major world markets through the Global Alliance Partners (GAP). Quam Securities is well-positioned not only to harness and drive business within the China Tonghai International Financial Limited but also between China and the world markets.

Research from Quam Securities

Research from Quam Securities, Quam Securities

Quam Securities Research

Equity Bottom-Up

<ul><li>China Mobile delivered resilient growth on all key revenue lines in 3Q22.</li><li>Although cost pressure came in slightly higher than expected, it could be caused by timing of some of the expense items.</li><li>The relatively muted competitive pressure form the 4th mobile operator in China should alleviate investors’ concern.</li></ul>

China Mobile delivered resilient growth on all key revenue lines in 3Q22.Although cost pressure came in slightly higher than expected, it could be caused by timing of some of the expense items.The relatively muted competitive pressure form the 4th mobile operator in China should alleviate investors’ concern.

China Mobile (941 HK) - Earnings Revision - Resilient Growth on All Fronts