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IDC: In the second half of 2024, the overall market size of public services in China is expected to reach 24.11 billion USD, with a clear trend of market recovery.
In the second half of 2024, the overall market size of public Cloud Computing Service in China (IaaS/PaaS/SaaS) will be 24.11 billion dollars.
Analysis of Zhitong Hong Kong Stock Connect Holdings | April 30
Analysis of Hong Kong Stock Connect Holdings | April 29, 2025
CHINA TELECOM's Ke Ruiwen: The explosive growth of Asia Vets computing scale poses challenges to Energy supply, necessitating the acceleration of innovation and application of green technologies such as AI energy conservation.
Sina Technology reported on the afternoon of April 29 that at the 8th Digital China Construction Summit, CHINA TELECOM Chairman Ke Ruiwen attended the opening ceremony of the summit and delivered a keynote speech titled "Building Foundations with Cloud and Network, Empowering with Intelligence, Composing New Chapters in Digital China Construction" at the main forum. Ke Ruiwen stated that the current construction of Digital China is at a crucial juncture, transitioning from digitization to intelligence, which will open a new chapter in development. Firstly, the application of AI is becoming an important engine for accelerating the construction of Digital China. This year marks the beginning of large-scale applications of AI, as a new generation of open-source AI technology, represented by DeepSeek, achieves high performance.
Zheshang: The low point of the annual performance of telecom operators has passed, and the growth of AI computing power is accelerating.
With the elimination of one-time disturbances, gradual consolidation of demand recovery, and the demand driven by AI being gradually realized, the growth rate of the Operation Industry in the first quarter may be the lowest point of the year, with an expectation of showing a "low at the front and high at the back" trend for the entire year.
CICC: CHINA TELECOM (00728) B-end revenue growth may slow down; currently maintaining Listed in Hong Kong "outperforming Industry" rating.
The bank is considering the group control over accounts receivable, and the growth of B-end revenue from project quality may slow down, so it has slightly revised down the A-share revenue forecast for 2025 and 2026 to 534 billion and 543.4 billion yuan respectively.
China Telecom Announces 2024 AGM With Key Resolutions