The three major telecom operators rose in the afternoon, reaching a high at the time of publication, $CHINA UNICOM (00762.HK)$ up 4.31%, reported at 6.77 Hong Kong dollars; $CHINA TELECOM (00728.HK)$ up 2.99%, reported at 4.48 Hong Kong dollars; $CHINA MOBILE (00941.HK)$ Up by 2.01%, reported at 71.05 Hong Kong dollars.

On the news front, Wang Zhiqin, Deputy Director of the China Academy of Information and Communications Technology (CAICT) and head of the 6G Promotion Group, stated that in June 2025, the technical standard research for 6G will be initiated, with the technical research phase to be completed from 2025 to 2027, and the first version of technical specifications to be completed in March 2029. Currently, 3GPP standard partners, including China, Europe, USA, Japan, South Korea, and India, are jointly developing the 6G standard.

Guoyuan International previously pointed out that the traditional business foundations of the three major telecom operators are stable, and they will continue to provide stable cash flows in the future; with the popularization of AI technology and the emergence of other new technologies and business models, the new momentum of operators in the digital industry will continue to grow, thereby driving overall business volume to maintain continuous growth. At the same time, the three major operators are continuously increasing their dividends payout ratio. With the current stock price, their dividend yield is expected to further increase from the current level of 6%.

Editor/Rocky