Back    Zoom +    Zoom -
CHINA UNICOM Chairman Projects Data Assets to Worth RMB500M This Yr
Recommend
5
Positive
3
Negative
5
CHINA UNICOM (00762.HK) Chairman Chen Zhongyue said at the opening ceremony of an expo that starting this year, UNICOM has listed the value of its data assets on its balance sheet, and it is expected that data assets worth about RMB500 million will be formed throughout the year.

Chen pointed out that UNICOM is actively implementing the "Data X Factor" initiative, utilising the advantages of the massive amounts of data, constructing high-quality data sets, exploring the assessment of data value and asset listing, and accelerating the transformation of data from resources to assets and capital, so as to provide technological support for the macro-economy and social operation.

AAStocks Financial News