Zhitong Financial APP learned that$ZTE Corporation (000063.SZ)$It rose by more than 7 per cent, with a turnover of more than HK $87 million, up nearly 40 per cent this year.

On the news side, the CPC Central Committee and the State Council recently issued the overall layout Plan for the Construction of Digital China. The plan proposes to strengthen, optimize and enlarge the digital economy, study and formulate measures to promote the high-quality development of the digital industry, consolidate the foundation of digital China construction, and systematically optimize the layout of computing infrastructure; take the work of digital China construction as a reference for the assessment and evaluation of relevant party and government leading cadres. CITIC believes that the proposal of the "Plan" further emphasizes the importance of digital economy in China's economic development, and scientific and technological enterprises, as an important carrier of digital economic development, will play an important role in infrastructure, scene application, platform services, cutting-edge technology research and other dimensions.

Yinhe Securities Research News believes that with the continuous consolidation of the new infrastructure construction of the digital economy, the rapid expansion of cloud network business and the increase in the dividend payout rate of operators' growth breakthroughs, the reform of state-owned central enterprises is expected to continue to reconstruct the undervalued operator sector. At the same time, as the policy demand for digital economy and data elements is driven, the communications + new infrastructure sector is expected to take the lead in the expected upward revision, leading to the recovery of the ICT cornerstone optical network industry chain, and the further growth of demand for optical modules, optical fiber and cable, and energy saving.

Edit / Somer