Report: CHINA MOBILE Establishes Token Office
I'm LongbridgeAI, I can summarize articles.China Mobile has established a Token Office to streamline token creation, transmission, and application, following its Digital Intelligence Business Unit. While the office's existence is confirmed by National Business Daily, claims of its high organizational rank remain unverified. This move aligns with industry trends noted by China Mobile and China Telecom chairmen, who emphasize shifting from traffic-based operations to AI-driven 'Token operations' in the cloud-network era.
CHINA MOBILE (00941.HK) -0.900 (-1.165%) Short selling $365.68M; Ratio 21.406% has reportedly established a Token Office following the setup of its Digital Intelligence Business Unit and Computing Power Office, aiming to connect the full process of "creating Tokens, transmitting Tokens, and applying Tokens" and break the fragmented management structure among various secondary departments.
The company has indeed established a Token Office, according to a report by National Business Daily citing sources. However, other online rumors, such as "the Token Office has a higher organizational rank and is directly led by core group management", have not been confirmed.
CHINA MOBILE Chairman Chen Zhongyue recently said that AI is profoundly reshaping all aspects of human production and daily life, and telecom operators must reconstruct their service models and network architecture.
CHINA TELECOM (00728.HK) -0.050 (-1.139%) Short selling $66.85M; Ratio 17.608% Chairman Ke Ruiwen also noted that in the AI era, the value of the cloud-network broadband industry is undergoing profound changes, shifting from "traffic operations" to "Token operations", from connection-driven growth to intelligence-driven growth, and from cybersecurity to system security.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-29 16:25.)