HK Stock Market Move | China United Network Communications (00762) rose nearly 6% in the afternoon, leading the three major telecommunications operators. The research on 6G technology standards will be launched in June next year.

In the afternoon, the three major telecommunications operators rose sharply. As of the time of writing, China United Network Communications (00762) rose by 5.86% to 6.87 Hong Kong dollars; China Telecom Corporation (00728) rose by 2.99% to 4.48 Hong Kong dollars; China Mobile Limited (00941) rose by 1.94% to 71 Hong Kong dollars. On the news front, Wang Zhiqin, deputy director of the China Academy of Information and Communications Technology and leader of the 6G Promotion Group, stated that in June 2025, research on the technical standards for 6G will be launched. The technical research phase will be completed from 2025 to 2027, and the first version of the technical specifications will be completed by March 2029. Currently, 3GPP standard partners from China, Europe, the United States, Japan, South Korea, and India are jointly developing 6G standards. Guoyuan International previously pointed out that the traditional business foundation of the three major operators is stable, and they will continue to provide stable cash flow in the future. With the popularization of AI technology and the emergence of other new technologies and business models, the new momentum of operators in the digital industry will continue to grow, thereby driving overall business volume to continue to grow. At the same time, the three major operators are continuously increasing their dividend payout ratios. With the current stock prices, their dividend yield is expected to further increase above the current 6% level.