HK Stock Market Move | Telecom stock rose more, state-owned enterprises will push forward "AI+" special action more forcefully, institutions say the dividend value of telecom operators is highlighted.

The telecommunication sector saw an increase in stock prices, as of the time of this report, China Telecom Corporation (00728) rose by 5.1% to 5.36 Hong Kong dollars; China United Network Communications (00762) rose by 4.79% to 8.1 Hong Kong dollars; China Mobile Limited (00941) rose by 2.93% to 80.8 Hong Kong dollars. On the news front, on January 28th, Lin Qingmiao, Director of the Reform Bureau of the State-owned Assets Supervision and Administration Commission, stated at a press conference that they will solidly carry out the establishment and strategic restructuring of new central enterprises. Pang Xiaogang, Deputy Director of the State-owned Assets Supervision and Administration Commission, also stated that state-owned central enterprises will push forward the "AI+" special action with greater strength, effectively serving as important suppliers of intelligent computing infrastructure in China, key enablers of artificial intelligence in various industries, and important organizers of industrial system layout. Zheshang released a research report earlier this month, stating that the emphasis on state-owned enterprises combating internal competition is favorable for the stabilization and rebound of average revenue per user (ARPU) for operators. The lowering of risk factors by insurance funds is advantageous for the configuration of dividend sectors. They believe that the dividend investment value of the operator sector is currently highlighted. In a complex macroeconomic environment, the operator sector as a whole possesses strong profitability resilience and high dividend attributes, providing a safety margin. They recommend investing in China Mobile Limited, China Telecom Corporation, China United Network Communications, CHINA TOWER, and CHINACOMSERVICE.