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SoundHound AI Enters Partnership Tencent Intelligent Mobility To Bring Conversational AI To The Intelligent Cockpits Of Global Auto Brands
CHINA MOBILE: In Q1 2025, net income increased by 3.5% year-on-year, and 5G customer base expanded to 0.578 billion households.
In Q1 2025, CHINA MOBILE's profit increased by 3.5% year-on-year, with 5G network customers continuing to expand to 0.578 billion. Key summary of financial performance: Q1 revenue was 263.8 billion yuan, stable compared to the same period; the net income attributable to shareholders was 30.6 billion yuan, a year-on-year increase of 3.5%; the net profit margin improved to 11.6%, and EBITDA reached 80.7 billion yuan, up by 3.4% year-on-year. Core business development: 5G network customers reached 578 million, with a mobile ARPU of 46.9 yuan; the total number of fixed broadband customers reached 0.32 billion, with a quarterly net increase of 5.48 million. Optimization of business structure: the main business revenue was 222.
Banks have increased interest rates on consumer loans in advance, with more low-interest products hidden in the "discount track."
Indirect remarks highlight the "cost performance" even more.
Exclusive | Banks that stabilize foreign trade and foreign investment are taking action, with banks in coastal provinces responding to requests: for foreign trade enterprises, "no loan withdrawal, no loan interruption".
① Many Banks have actively taken action regarding "stabilizing foreign investment and foreign trade." From large state-owned banks to local urban commercial banks, several Banks are providing support to foreign trade enterprises in various ways based on their own advantages; ② Recently, banks in major foreign trade provinces along the Southeast Coast have received relevant requests to "not withdraw loans and continue lending" to local foreign trade enterprises.
The central bank and four other departments: Enhance the functions of the Cross-border Interbank Payment System (CIPS) and its Global network coverage.
① The plan proposes to enhance the functionality of the RMB cross-border payment system and its global network coverage, encouraging more Banks to join CIPS and continuously expand the coverage of the CIPS network. ② The plan also suggests optimizing the management model and business processes for Forex business, improving the Conglomerates' Global fund management system, expanding the functionality and application scenarios of free trade Accounts, and promoting Financial Institutions to enhance their digital service levels.
Will it rise or not?
Caitong believes that whether or not the LPR is lowered, it may not necessarily drive interest rates to immediately break their previous lows. After all, the market has to navigate the trade-offs between the Sino-U.S. trade friction, the strength of a package of incremental policies, and the choice of monetary policy, with the combination of the three being dynamic and full of uncertainty.