CT-CTEL@EC2611A

Three Major Chinese Telecom Stocks Rise, Morgan Stanley Praises China Telecom's Token Plan for New AI Business Model

China Telecom Launches Concentrated Procurement of Tianyi Smart Screen and Unveils AI Upgrade

China Telecom, Huawei, and FiberHome Complete Global First Interoperability Verification of 50G-PON Equipment Across Vendors

China Telecom Shanghai Releases "AI Home Assistant" to Reconstruct Home Services

China Telecom Launches Series of Trial Commercial Token Plans and Tianyi Token Coins

Shanghai Telecom Launches Zhiyun Shanghai AI STORE and Initiates Multi-party AI Ecosystem Cooperation

China Telecom Launches 10 Billion RMB 'Token Factory' Tender, Major Operators Compete in Computing Power Sector

China Telecom Shanghai Unveils 'Smart Cloud Shanghai' Progress: AI Base Empowers Urban Digitalization and Livelihood Services

Sichuan Tianfu New Area Committee and China Telecom Sign Agreement to Launch 2 Billion RMB Cloud Computing Center Construction

China Telecom Completes Asia Link Cable Landing in Hong Kong

China Telecom Launches 2026 Metropolitan Cloud Network MCN Equipment Procurement

China Telecom Proposes Token Economy to Reconstruct Business

China Telecom Initiates the Establishment of the Token Ecosystem Alliance

CT 董事长 Announces Strategic Upgrade and Pushes for Intelligent Cloud System Construction

China Telecom Emphasizes Cloud and Digital Transformation and Accelerates AI Deployment

Huatai Securities Cuts China Telecom's Target Price but Maintains Buy Rating

Citibank Reports China Telecom Q1 2026 Earnings Disappointing

China Internet Network Information Center and Others Release Intelligent Body Internet Domain System and AI Intelligent Body Gateway System

China Telecom Announces Q1 2026 Operational Data

China Telecom Announces First Quarter Profit and Revenue

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China Telecom's shares rose 3.7% to CNY7.07 after launching trial commercial token plans, joining China Mobile and China Unicom in the token services market. The plans cater to developers and small enterprises, with prices ranging from CNY39.90 to CNY299.90. Analysts suggest telecom operators can monetize AI computing capacity, but token revenue may not sustain long-term growth without innovative applications. Average daily token usage in China exceeded 140 trillion as of March.

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China Telecom's Shares Rise After Becoming Last of Country's Big Three Telcos to Roll Out Token Plans

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JPMorgan has rated the three major Chinese telecom stocks—CHINA MOBILE, CHINA TELECOM, and CHINA UNICOM—as Overweight, following a rise in H-share prices due to AI Token packages targeting SMEs and retail users. CHINA MOBILE is the top pick, while CHINA TELECOM is seen as a proxy for the AI Token theme, with expectations of significant revenue growth from its cloud business. The bank anticipates ARPU growth resuming in 2026 and earnings recovery in 2027, despite VAT adjustments impacting 2026.

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JPMorgan Chase & Co.

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JPM: CHINA TELECOM  Proxy for AI Token Theme; Three Major Telecoms Rated Overweight, CHINA MOBILE Top Pick

UBS reports that China Telecom, China Unicom, and China Mobile have launched Token packages for customers, enhancing AI adoption. China Telecom leads with nationwide rollout, while the others pilot regionally. This move is seen as a step towards standardizing AI consumption in China, potentially transforming Token usage into a subscription model. Despite muted stock performance, UBS views these packages as a new growth driver, assigning a 'Neutral' rating to the telecom stocks.

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UBS: 3 Key CN Telecoms Launch Token Packages, Providing New Growth Drivers

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CHINA TELECOM shares rose over 4% after Morgan Stanley reported the launch of a nationwide Token plan for enterprise and consumer customers, marking a significant move to explore new business models in the AI era. The plan offers a monthly subscription model, differing from previous provincial-level offerings by competitors. Morgan Stanley believes this initiative is crucial for telecom operators seeking new revenue sources as mobile data penetration peaks.

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CHINA TELECOM  Once Jumps Over 4% as M Stanley Says Nationwide Token Plan Is Positive Move to Test New Business Models in AI Era

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China's telecom giants are introducing AI token plans to monetize the AI boom, moving away from traditional gigabyte billing. China Telecom launched nationwide token-based pricing packages for consumers and businesses, with prices ranging from 9.9 yuan for 10 million tokens to 299.9 yuan for 250 million tokens. Other carriers like China Unicom and China Mobile are also adopting similar strategies. The demand for AI tokens has surged, with over 140 trillion token calls recorded daily in March.

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KNOWLEDGE ATLAS

Forget cellular data: China’s telecoms giants are selling AI token plans

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The HSI fell 287 points (1.1%) to 25,675, while the HSTI dropped 96 points (1.9%) to 4,844. LI AUTO saw a significant decline of over 14%, closing at $64.9. Market turnover increased to $292.71 billion, with notable short selling in major stocks like TENCENT and BABA. Despite the downturn, CHINA TELECOM rose by 6%.

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HSI Down 287 pts; HSTI Down 96 pts; LI AUTO Down over 14%; Market Turnover Rises

CHINA TELECOM has launched trial commercial Token plans starting from RMB9.9 per month for individual customers and RMB39.9 for developers. The plans offer integrated services including Token, connectivity, and security, supporting various applications like AI programming and content creation. Additionally, the company will introduce Tianyi Token Coin for customer rewards and expand Token benefits through partnerships with AI ecosystem partners.

CHINA TELECOM Unrolls Commercial Token Plans with Monthly Fee Starting from RMB9.9

China is enhancing its national computing network to support AI infrastructure as token usage surges, likening it to a public utility. Daily token calls exceeded 140 trillion in March, prompting telecoms to pivot from traditional revenue sources. The State Council plans to invest over 7 trillion yuan in this infrastructure, aiming to connect data centers and supercomputing facilities. Telecoms like Shanghai Telecom and Unicom are launching token-based AI services, offering packages that integrate AI tokens with existing services.

China ramps up building national computing power network as AI token use surges

I think the market is too optimistic about the Iran war. The fact is 20% of the oil is missing form the system for 2 months. How is this not making an impact to the investment world? INFLATION!!!

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

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AI is back, chips back in play. The Iran war has long been forgotten. Time to long Korean, Taiwan and China ETF!

The Iran talk must resume sooner or later. Iran have no revenue due to the blockade, while Trump cannot have high oil prices. It's a chicken and egg situation!

krisLim

NewUser_wgiykD

Ranks in the top 5% of account holders by rate of return
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I am impressed by Elon Musk’s cost cutting, efficiency-driven approach across his companies that translate to excellent report card.I see Tesla’s strong Q1 earnings as partly supported by geopolitical factors, improved free cash flow from cost discipline and some revenue growth. However, EV delivery volumes fell short of expectations and this weakness may become more evident over the next few quarters. Subsequently, it will affect its revenue numbers and its margin.

1. Diplomatic breakthrough unlikely. Oil downsize risk is small, upsize risk moderate.2. Short term bullish but margin pressure will return. 3. Sustain for now, but pullback.

Too volatile. Stay on the sideline for now

NewUser_TFxsXA1

About the Iran-US issue: Trump's just throwing a lot of lies and hyperbole here and there to muddle the truth about the hole he dug for himself (and to which, he is dragging the world into). But for now, I think the markets just have to do what it has to do -- thrive and trade. A &#34;cautious optimism&#34; would be the appropriate way to describe how the market is responding to the oil and geopolitical crisis we have now.

Fattycat

JD Return Rate

BABA Diamond Holder

Tesla’s Q1 definitely gives the AI/auto story more fuel, but I don’t think margin pressure is gone yet. Positive FCF and an EPS beat are strong, but the revenue miss and Musk warning that capex will surge tell me Tesla is still very much in investment mode.So yes, the long-term story looks stronger — but near term, investors may still have to deal with margin compression before all that spending starts to pay off.

Investors are prioritizing strong corporate fundamentals and AI-driven growth over short-term geopolitical noise. Think the conflict will remain contained.

the development versus market reaction seems not in sync

OneC

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dingdongbell

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Lol. The middle east standoff is like a high school drama. One side saying one thing and the other saying another. My take is the US is trying to scare Iran into submission but at the same time does not want to seem too harsh whereas Iran just wants to defend their homeland! Whatever it is, the whole world has to stomach the repercussions. And market keeps churning up on low volume. Stay safe!

Trump said US-Iran negotiations might resume &#34;on Friday or within 1.5-3 days&#34; — but Iran called it &#34;another lie&#34;. The ceasefire agreement expires on April 26.Everyone knows Trump's style; the impossible is always possible with him at any moment 🤔Back to investment topics, you need to have your own judgment and analysis.Try not to chase the hype.

CT-CTEL@EC2611A(29335.HK)

China Telecom's Shares Rise After Becoming Last of Country's Big Three Telcos to Roll Out Token Plans

JPM: CHINA TELECOM Proxy for AI Token Theme; Three Major Telecoms Rated Overweight, CHINA MOBILE Top Pick

UBS: 3 Key CN Telecoms Launch Token Packages, Providing New Growth Drivers

CHINA TELECOM Once Jumps Over 4% as M Stanley Says Nationwide Token Plan Is Positive Move to Test New Business Models in AI Era

Forget cellular data: China’s telecoms giants are selling AI token plans