HK Stock Market Move | The mobile phone industry chain continues to rise yesterday. ByteDance joins hands with ZTE to try out AI smartphones. Various mobile phone manufacturers have intensified their layout.

The mobile industry chain continued to rise yesterday. As of the time of publication, AAC TECH (02018) rose by 5.37% to HKD 40; BYD ELECTRONIC (00285) rose by 2.78% to HKD 34.74; COWELL (01415) rose by 2.67% to HKD 30.8; Q TECH (01478) rose by 2.93% to HKD 9.83. On the news side, on December 1st, ByteDance's AI assistant "Dou Bao" and ZTE Corporation announced that the Nubia brand engineering prototype with the pre-release version of the Dou Bao mobile assistant technology has started a small-scale sale. Behind this move is the deep cross-border cooperation between AI big model manufacturers and mobile hardware manufacturers entering the substantial implementation stage. Galaxy Securities previously published a research report stating that the advent of the AI smartphone era means that AI will become a key differentiating factor in the future competition in the consumer electronics market. Several manufacturers have successively released AI big models and are laying out generative AI smartphones. In the Chinese market, major national brands attach great importance to this, attempting to seize a broader market in the new generation of innovation cycles, enhance product value, and consolidate brand market position.