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ZHONGYIN International: Reiterates the "Buy" rating for Chinese telecommunications stocks, with CHINA TELECOM as the preferred choice in the Industry.
CICC released a research report stating that the contribution of cloud Business to revenue and profit continues to drive growth for Chinese telecom companies. Cloud and AI services are becoming the only sustainable driving force for income and EBITDA. CHINA TELECOM (00728) and China United Network Communications (00762) recorded a stable year-on-year growth in EBITDA profit margin for two quarters this year. The bank looks forward to the development of end-to-end proprietary cloud infrastructure services as state-owned enterprises and local governments gradually migrate their operations to the cloud, which will support the telecom industry's long-term growth in response to improved security and regulatory requirements. Meanwhile, Chinese telecom stocks can offer attractive valuations.
Hong Kong stock Concept Tracking | Bullish news frequently released! The development of 5G has entered the "second half." Institutions: Focus on high-quality symbols with improved marginal prosperity (including concept stocks).
Galaxy Securities Research Reports believe that 5G applications are expected to develop at scale, selecting high-quality symbols in the communication sub-industry with marginal improvements in prosperity.
Market Chatter: China's Telecoms Giants Use Vertical LLMs for Flood Prediction, Local Governance, Association Says
Malaysia Enterprise ICT Country Intelligence Report 2024, Featuring Telekom Malaysia, Alibaba, China Mobile, Apple and Accenture
Hong Kong stocks movement | The telecommunication sector rose in the afternoon, with china united network communications (00762) at one point surging over 3%. ubs group stated that telecommunication companies are expected to achieve full-year profit guida
The telecommunication sector rose in the afternoon; as of the time of writing, china united network communications (00762) is up 2.62%, priced at 6.67 HKD; china telecom (00728) is up 0.88%, priced at 4.59 HKD; china mobile (00941) is up 0.62%, priced at 72.7 HKD.
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.
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102361695 : yes. 10 percent dividend tax.