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Hong Kong stocks fluctuate | The telecommunication sector continues its recent upswing. The three major telecom operators are exploring the commercial potential of 5G-A. Goldman Sachs says that dividend assets are still undervalued.
According to the news from Zhitong Finance APP, the telecommunication sector continues its recent upward trend. As of press time, Chinacomservice (00552) rose 4.29% to HKD 4.11; China United Network Communications (00762) rose 3.47% to HKD 7.16; China Mobile (00941) rose 2.07% to HKD 76.55; China Telecom (00728) rose 1.51% to HKD 4.72. On the news front, the 2024 Shanghai World Mobile Communications Conference started on June 26. The three major telecommunications operators including China Mobile have announced plans to lay out industries such as low-altitude economy to further tap into the 5G-A.
Closing of Hong Kong stock market (06.27) | Hang Seng Index fell 2.06% again and fell below the 18,000-point mark. The market is under significant pressure, but the three major operators have risen against the trend.
Throughout the day, the three major Hong Kong stock indices were under pressure and fell. The Hang Seng Index once again lost the 18,000 point level, and the Heng Seng Technology Index fell nearly 3% at one point.
China United Network Communications (00762.HK) released its May operational data, with the cumulative number of 5G package users reaching 274 million.
China United Network Communications (00762.HK) released May 2024 operation data on June 20th, with a cumulative total of 105,273.3 million households for 'Big Connection' users, 27,377.5 million households for 5G package users, and 55,083.4 million households for Internet of Thins terminal connections.
China United Network Communications (00762) achieved a 98.4% resolution rate for customer issues in May through the use of smart customer service.
China United Network Communications (00762) announced that as of May 2024, the total number of 'Big Connection' users reached approximately 1.053 billion households, the total number of 5G package users reached approximately 274 million households, and the cumulative number of Internet of Things terminal connections reached approximately 550.8 million households. The number of customers using 5G industry virtual private network services reached 11,123. The problem-solving rate of smart customer service in that month was 98.4%, and the proportion of intelligent service was 84.5%. The total number of authorized patents this year is 747.
Express News | China Unicom Hong Kong - May Aggregate Number of Internet-of-Things Terminal Connections 550.834 Mln
Express News | China Unicom Hong Kong - May Aggregate Number of 5G Package Subscribers 273.775 Million
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