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Is China Mobile a foreign company?

let me explain;

China Mobile Communications Group Co., Ltd. is a wholly-owned state-owned large enterprise directly under the State-owned Assets Supervision and Administration Commission; This company invested and registered China Mobile Co., Ltd. in Hong Kong, and listed in Hong Kong and new york, and this listed company repurchased the assets of various branches of domestic mobile;

So the introduction you saw is correct; In terms of business license, their investors are Hong Kong companies, and according to the current nature of enterprises, they are foreign-invested enterprises;

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