Who knows the corporate nature of China Mobile? How does the state control the movement of China?

China Mobile Communications Group Co., Ltd. is a wholly-owned state-owned large enterprise directly under SASAC; The Company invested and registered China Mobile Co., Ltd. in Hong Kong and listed in Hong Kong and new york. The listed company repurchased the assets of domestic mobile branches;

So the introduction you see is correct; In the business license, their investor is a Hong Kong company, and according to the current enterprise nature, it is a foreign-invested enterprise;

There are many enterprises like this, such as China Unicom and China Telecom.

It can only be said that foreign capital and state holding are inherent enterprises directly under the central government.