Citi: CHINA MOBILE May Face ST Pressure During Transformation, Ride on Tokenized Business Model in LT
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Citi's report on CHINA MOBILEindicates potential short-term pressure during its transformation into a technology service provider. The recent Mobile Cloud Conference highlighted a shift towards a tokenized business model for monetizing computing power and AI applications. Despite short-term challenges, Citi maintains a Buy rating with a target price of HKD105.1, suggesting long-term growth opportunities driven by autonomous Agents and token consumption.
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