CHINA MOBILE's capital expenditure slightly decreased, with computing power still being one of the main investment directions, which will drive the popularization of MaaS.
① In 2024, the free cash flow is 151.7 billion yuan; ② CHINA MOBILE launched ultra-large-scale intelligent computing centers in Hohhot and Harbin in 2024, with a layout covering 40 AI models in the Energy, Transportation, Medical, and Education Industries; released the CHINA MOBILE AI intelligent assistant Lingxi Intelligence; ③ By the end of December 2024, the total number of clients for its "AI products" reached 0.19 billion.
In 2024, CHINA MOBILE's revenue increased by 3.1% year-on-year, with total capital expenditure of 164 billion yuan.
In 2024, CHINA MOBILE achieved growth in both revenue and Net income, and overall performance remained stable. The results of digital transformation were significant, with the proportion of Communications Services revenue further rising to over 31%, becoming an important engine for the company's growth.
Express News | CHINA MOBILE: The operating revenue for 2024 is expected to be 1,040.8 billion yuan, a year-on-year increase of 3.1%.
Midea's entry into humanoid robots, UBS Group: Not surprising, Midea can leverage supply chain resources.
UBS Group believes that by 2035, the market size for humanoid robots in China is expected to reach 200-300 billion yuan. Domestic companies place greater emphasis on Hardware and system integration capabilities. Although there is limited profit contribution in the short term, due to the increasing market attention on the white goods Industry and AI/Siasun Robot&Automation themes, the stock price of Midea may continue to rise in the short term.
Accusing Carlsberg China of "reversing black and white," Chongqing Jiawei stated that a lawyer's letter has been sent.
1. Chongqing Brewery and its affiliated company, Chongqing Jiawei, issued statements accusing each other of distorting facts, and their legal disputes have extended to public opinion confrontations. 2. Currently, Chongqing Jiawei has sent a lawyer's letter to Carlsberg China and its controlling interest, Chongqing Brewery. 3. Carlsberg China accuses the "Exclusive Distribution Agreement" of being "extremely unreasonable"; yet, out of respect for the company’s historical development, it continues to fulfill the agreement.
After a continuous reduction in market trading volume, a short-term directional choice may be faced, waiting for new hotspots to break through.
Yesterday, the market continued a low-volume consolidation structure. From the Index perspective, although it is still in a relatively strong consolidation structure, the narrow fluctuations over the past three days may indicate that the market is facing a new round of directional choices. If it cannot attack with increased volume again, the probability of subsequent corrective consolidation may further increase.