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Hong Kong stock movement | china united network communications (00762) rose nearly 6% in the afternoon, leading the three major operators. Research on 6G technology standards will commence in June next year.
The three major telecom operators surged in the afternoon. As of the time of publication, china united network communications (00762) rose by 5.86% to HKD 6.87; china telecom (00728) increased by 2.99% to HKD 4.48; and china mobile (00941) went up by 1.94% to HKD 71.
Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
Stock Market News | china united network communications (00762) surged by over 6% as it recently announced innovative achievements in the "Tongzhou" enterprise digital empowerment platform.
China United Network Communications (00762) surged more than 6%, as of the time of publication, up by 6.37%, to 6.67 Hong Kong dollars, with a turnover of 0.193 billion Hong Kong dollars.
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