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CHINA TELECOM Last Spikes 6%+; 3 Key CN Telecoms Fully Tap into DeepSeek
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The three major Chinese telecoms led the gains of local market today (10th), as China’s Ministry of Industry and Information Technology (MIIT) mentioned in the latest report on the telecom business during the Spring Festival in 2025. The report stated that the three basic telecom operators, CHINA MOBILE (00941.HK), CHINA TELECOM (00728.HK) and CHINA UNICOM (00762.HK), have all fully integrated the DeepSeek open-source foundation model to achieve application in multiple scenarios and products. Exclusive computing power solutions and supporting environments are provided for the popular DeepSeek-R1 model to help unleash the performance of domestic foundation models. China Telecom's shares peaked at $5.54 today. It last posted at $5.48, up 6.41%, with 108 million shares traded, involving $584 million. China Mobile last reported at $78.05, up 3.38%, with 23.0126 million shares traded, involving $1.784 billion. China Unicom last traded at $7.84, up 5.95%, with 49.4494 million shares traded, involving $384 million. AAStocks Financial News |
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