China stock traders snap up everything 5G


Risky situation: China Unicom technicians test the equipment at a newly-built 5G network base station in Tongling, Anhui province. Analysts warn that growing enthusiasm for anything with a link to 5G risks spiralling out of control. — Reuters

HONG KONG: Stock speculators are catching on to China’s 5G firms.

The latest trigger was China Mobile Ltd’s huge order for fibre-optic cable, lifting shares of likely bidders in Hong Kong and onshore.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , china , 5G

   

Next In Business News

Global momentum continues to lift Bursa Malaysia
Indonesia's Q1 GDP growth beats forecasts, at highest in 3 qtrs
Proton sales rise 17.1% in April
ECB rate cut case getting stronger, says chief economist Lane
Malaysia Book of Records appoints Christopher Wong as CEO
Oil nudges higher after Saudi Arabia hikes prices
China's services activity eases in April but still solid, Caixin PMI shows
No knee-jerk decline in Carlsberg sales following price hike
Ringgit opens higher against US$ as greenback weakens
Foreign inflow to Bursa Malaysia surges to RM1.06bil net

Others Also Read