After ongoing fluctuations, the market may be nearing a directional choice, with the AI, Siasun Robot&Automation, and other Technology growth sectors likely to rebound.
Looking back at the market situation before the festival, the market has been in a state of fluctuating consolidation, and the atmosphere of market observation remains quite strong.
Is the ceiling of AI mathematics here? DeepSeek's new model has been quietly open-sourced, and netizens are calling out: R2 is just around the corner!
Just when everyone was anticipating DeepSeek's official announcement of the R2 large model, the company unexpectedly dropped another technical bomb on the eve of May Day. On April 30, DeepSeek quietly open-sourced its latest model on the Hugging Face platform - DeepSeek-Prover-V2-671B, a large language model focused on mathematical theorem proving, specifically optimized for formal mathematical proof tasks. DeepSeek-Prover-V2-671B uses the DeepSeek-V3 architecture, with parameters reaching as high as 6.
CHINA TELECOM: In Q1 2025, net income grew by 3.1% year-on-year, and the 5G user penetration rate exceeded 62%.
In Q1 2025, CHINA TELECOM's net income increased by 3.1% year-on-year, with a 5G user penetration rate exceeding 62%. Key points: Financial performance: In 2025, Q...
CHINA MOBILE: In Q1 2025, net income increased by 3.5% year-on-year, and 5G customer base expanded to 0.578 billion households.
In Q1 2025, CHINA MOBILE's profit increased by 3.5% year-on-year, with 5G network customers continuously expanding to 0.578 billion. Summary of Key Points: Financial Performance: Q1 revenue was 263.8 billion yuan, flat year-on-year; Net income attributable to shareholders was 30.6 billion yuan, a 3.5% year-on-year increase; Net profit margin increased to 11.6%, and EBITDA reached 80.7 billion yuan, growing by 3.4% year-on-year. Core Business Development: There are 0.578 billion 5G network customers, with a mobile ARPU of 46.9 yuan; The total number of wired broadband customers reached 0.32 billion, with a net increase of 5.48 million customers in the quarter. Business Structure Optimization: Main business income was 222.
ZTE: Revenue in the first quarter of 2025 increased against the trend, but the decline in gross margin has raised market concerns.
ZTE's revenue in the first quarter of 2025 grew against the trend, but declining gross margin is a hidden concern. Core points: Strong revenue growth performance: Achieved revenue of 32.968 billion yuan in the first quarter, a year-on-year increase of 7.82%, indicating that the company's main Business maintains steady growth. Profitability under pressure: Net income attributable to shareholders was 2.453 billion yuan, a year-on-year decline of 10.50%; non-recurring net income was 1.957 billion yuan, a significant year-on-year decline of 26.14%. Gross margin clearly declined: The growth rate of cost of goods sold far exceeded the revenue growth rate, with cost of goods sold increasing by 22.13% year-on-year, while revenue only increased by 7.82%. Deteriorating cash flow situation: Cash from operating activities.
One Week Ahead | Important schedule continues! China's Q1 GDP will be released on Wednesday; the market closely watches Powell's speech; Bawang Chaji is expected to be listed on Thursday.
The "terrifying data" from the US stock market will be released on Wednesday in March; Bank earnings will be announced one after another, and Technology stocks will fire the "first shot" of performance; Amid the shadow of the trade war, the interest rate decisions of the European Central Bank and the Bank of Canada will be released.