Movement Alert｜China Telecom Rises 3.05% in Regular Trading, Token Subscription Commercialization and Quantum Fund Launch Provide Multiple Catalysts

Market Focus06-10

On June 10, China Telecom rose 3.05% in regular trading, trading at HKD 5.18/share, with trading volume of HKD 158 million. Peer China Unicom gained 5.52% on the same day, with the telecom sector strengthening broadly.

On the news front, all three major Chinese carriers recently launched Token subscription services collectively. China Telecom took the lead by rolling out a nationwide unified plan starting at RMB 9.9 per month for 10 million tokens, effectively packaging AI computing power as a standardized consumer product and significantly accelerating industry commercialization. Additionally, China Telecom announced on June 2 that its controlled subsidiary Guodun Quantum plans to jointly establish a RMB 1.5 billion quantum industry venture capital fund with multiple parties, focusing on quantum information technology.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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