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Express News | Jinxin Technology Holding Company (Nasdaq: Nami) Expands Partnership With China Mobile to Drive 5G New Call Innovation
Jinxin Technology Holding Company (Nasdaq: NAMI) Expands Partnership With China Mobile to Drive 5G New Call Innovation
Capital Trends | North Water net Sold Alibaba over 1.2 billion, increased holdings in Xiaomi, China Mobile, and Kuaishou.
Southbound funds have net bought Kuaishou for 10 consecutive days, totaling 6.129 billion Hong Kong dollars.
Hong Kong stocks fluctuated | The Telecommunication Sector surged at the end of trading before the three major operators' Earnings Conferences, with Institutions predicting a decline in total capital expenditure but an increase in AI computing power inves
Telecommunication Sector surged at the close. As of the time of writing, China United Network Communications (00762) rose by 5.26%, reporting 9.6 Hong Kong dollars; CHINA TELECOM (00728) increased by 5.04%, reporting 6.25 Hong Kong dollars; CHINA MOBILE (00941) went up by 1.49%, reporting 84.95 Hong Kong dollars.
Starting tonight! The three major operators and Tencent will successively disclose their annual reports, with capital expenditure becoming a market focus.
① In the coming week, the three major telecom operators and Tencent will release their Earnings Reports. ② Previously, some Brokerages pointed out that the three major telecom operators might see a decline in total capital expenditures this year due to the drag from traditional Business, but investment in AI computing power is expected to grow by 20 billion compared to last year. ③ Ma Huateng previously mentioned that Tencent will continue to invest resources in computing power reserves.
Capital trends | Northern Funds continue to increase their holdings in Hong Kong stocks by more than 10 billion, with strong buying interest in Ideal Autos, Alibaba, and China Mobile.
Net Sell of Semiconductor Manufacturing International Corporation 0.487 billion, Xiaomi Group 0.405 billion.
