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China Mobile Adds Over 547 Million 5G Users in November
CHINA MOBILE (00941) added a net of 0.824 million mobile Business customers in November.
CHINA MOBILE (00941) announced that as of November 2024, the total number of mobile Business customers reached approximately 1.005 billion.
Express News | China Mobile Ltd - Nov Mobile Business Total Customers 1.01 Bln
Capital flow | Northern money wildly purchased Tencent for over 1.2 billion Hong Kong dollars, continuously increasing the stake in China Mobile by over 4.4 billion Hong Kong dollars for 8 consecutive days.
Net Sell of CNOOC 0.25 billion, GCL TECH 0.117 billion.
Northern capital trends | Northern capital recorded a net Buy of 2.07 billion, domestic funds continue to chase high-dividend central state-owned enterprises, increasing holdings in CHINA MOBILE (00941) by nearly 0.6 billion Hong Kong dollars.
On December 18th in the Hong Kong stock market, northbound trading recorded a net Buy of 2.07 billion HKD, among which SH->HK Connect had a net Buy of 2.693 billion HKD, and SZ->HK Connect had a net Sell of 0.623 billion HKD.
[Special Commentator] Deng Shengxing: Investors are concerned that the Federal Reserve will pause interest rate cuts in January next year, encountering resistance in the Hong Kong stock market before reaching the 20,000 mark.
Kingwo Financial News | The Hang Seng Index closed at 19,700 on Tuesday (17th), down 95 points or 0.5%. The total market turnover for the day was 132 billion HKD. The National Index fell by 27 points or 0.4% to 7,105. The Technology Index decreased by 25 points or 0.6% to 4,389. "Central China Estimate" continues to improve, CNOOC (00883) rose by 1.7%; as Trump’s inauguration date approaches, Bitcoin prices have touched up to 0.107 million USD per coin, reaching new highs, Hua Xia Bitcoin (03042) increased by another 1.4%. The Dow Jones Industrial Average closed at 43,449 points on Tuesday (17th), down 267 points or 0.61%. The S&P 500 dropped by 0.3.
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