UBS Group released a research report stating that China Mobile's third-quarter revenue increased by 1% year-on-year and net profit increased by 4.6% year-on-year, both meeting the bank's expectations. The bank indicated that although the company's net profit in the third quarter slowed compared to the 5.3% year-on-year increase in the first half of the year, it believes the company is still expected to achieve its annual profit growth guidance in the low to mid-single-digit percentage range. The bank maintained its performance outlook for the company, with a target of stable revenue growth and favorable growth in net profit this year; it also mentioned an increase in dividend payout ratio year-on-year, targeting to reach 75% of net profit within the next three years starting this year. The bank maintains a "buy" rating on China Mobile, with a target price of 87 Hong Kong dollars for its H shares.