Investment Daily Note

China Mobile (941.HK)announced its first three quarters result after market close on Tuesday (20 Oct), its net profit gained 3.4% yoyto RMB85.4 billion, in line with market's expectations, driven by strong growth of 4G subscribers. However, subscribers’ unused data is allowed to be carried forward into the following month since 1 Oct, which may bring adverse impact on the fourth quarter earnings.

Sands China (1928.HK)’s adjusted property EBITDA decreased 32.8% to US$545.0 million in the third quarter of 2015; net income plunged46.8% to US$343.2 million, fall short of market expectations.