CHINA MOBILE's capital expenditure slightly decreased, with computing power still being one of the main investment directions, which will drive the popularization of MaaS.

① In 2024, the free cash flow is 151.7 billion yuan; ② CHINA MOBILE launched ultra-large-scale intelligent computing centers in Hohhot and Harbin in 2024, with a layout covering 40 AI models in the Energy, Transportation, Medical, and Education Industries; released the CHINA MOBILE AI intelligent assistant Lingxi Intelligence; ③ By the end of December 2024, the total number of clients for its "AI products" reached 0.19 billion.

cls.cn06:41 ET

After a continuous reduction in market trading volume, a short-term directional choice may be faced, waiting for new hotspots to break through.

Yesterday, the market continued a low-volume consolidation structure. From the Index perspective, although it is still in a relatively strong consolidation structure, the narrow fluctuations over the past three days may indicate that the market is facing a new round of directional choices. If it cannot attack with increased volume again, the probability of subsequent corrective consolidation may further increase.

cls.cn21:20 ET

Debt-for-equity Swaps have nearly doubled the returns of SPIC Industry-Finance Holdings in nuclear energy over five years, and China Life Insurance has raised stakes in SPIC Industry-Finance Holdings looking to establish an exit route.

① In 2018, China Life Insurance entered the electric investment in nuclear energy in the form of 8 billion in Debt-for-equity Swaps to ease the financial burden. The latest asset valuation of electric investment in nuclear energy is 57.123 billion yuan, and the value of shares held by China Life Insurance has reached 15.2 billion. In just five years, the returns have nearly doubled. ② Industry insiders believe that China Life Insurance initially held equity in real enterprises in a phased manner through Debt-for-equity Swaps, and now it can exit normally, obtaining shares of the listed company.

cls.cnMar 19 02:53 ET

The market continues to shrink and fluctuate, and after the acceleration of themes rotation, funds are expected to flow back to the core main lines.

As the premium for new themes decreases, some funds still choose to flow back into the two major core directions of Siasun Robot&Automation and AI.

cls.cnMar 18 21:19 ET

China United Network Communications: Last year's Q4 single-quarter net profit excluding non-recurring items showed a loss. It is expected that this year's investment in computing power will grow by nearly 30% year-on-year | Interpretations

① China United Network Communications released its 2024 annual report, showing that the year-on-year growth rates of revenue and net profit saw little change compared to the previous four years, although in Q4, there was a rare loss in non-deficient net profit for the single quarter. ② China United Network Communications expects its computing power investment to increase by nearly 30% year-on-year this year. ③ China United Network Communications will seize AI opportunities in five areas: AI Infra, datasets, large models, intelligent agents, and AI security, with a focus on building 10 national-level intelligent computing Datacenters.

cls.cnMar 18 10:14 ET

This is the 10th one this year! The acceleration of closing and merging the off-site credit card sub-centers has been followed by MINSHENG BANK after Bank Of Communications.

① The latest regulatory approval information shows that within less than two weeks, MINSHENG BANK closed two credit card remote sub-centers located in North China and Northeast China. ② This year, Bank Of Communications has already shut down 8 credit card remote sub-centers, and along with MINSHENG BANK's 2 latest cases, the total number of credit card remote sub-center closures in the Industry has exceeded ten.

cls.cnMar 18 04:20 ET