On March 7, Guotai Junan released a research report saying that the State-owned Assets Supervision and Administration Commission launched the action of state-owned enterprises to benchmark the value of world-class enterprises.。SOEs in the communications sector are concentrated in areas such as operators, equipment vendors and data centers, and the bank recommends focusing on revaluation opportunities for SOEs represented by Chinese telecom operators。

On February 21, Jefferies released a research report on the phenomenon of higher telecom stocks, saying that Chinese telecom stocks rose on February 20, mainly due to reports that China Telecom is developing ChatGPT-like services that focus on serving smart cities.。The bank believes that this information is suspected of hype, but focusing on urban services is a reasonable trend because telecom operators have huge user data.。In addition, telecom operators have large cloud, data center and network resources to reduce development costs。