Zhitong Financial APP learned that 5G concept stocks have been strong recently. As of press time, Jingxin Telecom (02342) rose 11.6% to HK $2.02; ZTE Corporation (00763) rose 6.14% to HK $29.4; Changfei Optical Fiber and Optical Cable (06869) rose 3.3% to HK $3.44; China Tower Corporation (00788) rose 3.88% to HK $1.07.

On the news, according to the analysis of market participants, 5G communications bidding restart led to a pick-up of plate sentiment, valuation repair can be expected. Since July, major domestic telecom operators have issued intensive bidding announcements related to 5G network infrastructure, which will help to improve the prosperity expectations of the industry. In addition, telecom's return to A-shares is expected to lead to an increase in the valuation of the communications sector, and the amount of listed financing will also provide funds for domestic 5G construction.