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Central China Securities: The higher demand for performance of hardware by AI models will help drive the recovery of consumer electronics demand.
With the empowerment of AI and the release of innovative products, the application of AI models on mobile phones is expected to break the innovation shortage in the terminal market, and the higher performance requirements for hardware will help to drive the recovery of demand for consumer electronics products.
China Mobile's advertising service provider Big Data Group (OCP.US) IPO pricing at $4-6/share, plans to raise $10 million.
Big Data Group announced the terms of its IPO on Friday.
Northbound funds|Net buy of 3.662 billion yuan, domestic funds continue to increase their holdings of telecommunication sector and China mainland banking stocks, with the whole day's buying of China Mobile (00941) exceeding HKD 1.2 billion.
On June 28th, the Hong Kong stock market saw net buying of HKD 3.662 billion by Northbound investors, of which HKD 1.427 billion was net purchased through the Shanghai-Hong Kong Stock Connect and HKD 2.235 billion was net purchased through the Shenzhen-Hong Kong Stock Connect.
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.
Digital China Inks AI Server Supply Deal With China Mobile
Digital China Group (SHE:000034) agreed to provide artificial intelligence servers and supporting products to China Mobile (HKG:0941, SHA:600941), according to the company's filing on the Shenzhen Sto
China Mobile and Global Mobile Operators Explore Pathways to a More Intelligent Future at Global Partnership Executive Conference
SHANGHAI, June 26, 2024 /PRNewswire/ -- China Mobile held the Global Partnership Executive Conference under the Hand-in-Hand Program (hi-H Program) with the theme of "Hand-in-Hand, Leap Forward in In
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