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citic sec: Four industry associations have spoken out, calling for the localization of chips, which has a significant guiding role in the direction.
On December 3, 2024, the four major industry associations of china's semiconductors/autos/internet/communication companies collectively issued a statement, firmly opposing the usa's export restrictions against china, stating that relevant chip products from the usa are no longer safe or reliable, and calling for the active use of chips produced by domestic and foreign enterprises in china.
Brokerage morning meeting highlights: The construction of a national unified electrical utilities market is accelerating, bullish on three main lines.
In today's brokerage morning meeting, htsc stated that the construction of a national unified electrical utilities market is accelerating, with a bullish outlook on three main lines; Galaxy Securities indicated that 5G applications are expected to develop on a large scale, selecting high-quality symbols with improved marginal prosperity; haitong sec expressed a bullish view on the steady rise of rare earth prices.
[Brokerage Focus] ubs group: The china telecom industry is experiencing a moderate recovery and telecom companies are expected to meet their full-year profit guidance.
Jingwu Financial News | In a recent research report by ubs group regarding china telecom industry, it was pointed out that, according to data from China's Ministry of Industry and Information Technology, in October 2024, telecommunication services revenue is expected to increase by 2.6% year-on-year, rebounding from 1.8% in the third quarter, but still remaining moderate compared to 1.6% in the same period last year. The report mentioned that mobile data revenue and fixed data revenue grew by 1.7% and 5.2% year-on-year, respectively, improving from 2.0% and 1.1% in September. Traditional telecommunication services revenue grew by 2.1% year-on-year, while value-added services revenue increased by 4.2%, compared to 5.0% in the third quarter and the same period last year.
China Unicom Launches Middle East Operations With New Subsidiary in Dubai
Hong Kong stock concept tracking | The large-scale application of 5G welcomes a significant bullish impact! Asia vets and new 5G communication directions are expected to benefit (including concept stocks).
On November 25th, the Ministry of Industry and Information Technology and twelve other departments issued the "5G Scale Application "Sailing" Action Upgrading Plan", in which it was proposed to promote 5G driving new consumer upgrades.
China Unicom Reports Strong Growth in Connectivity and Innovation
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