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Express News | Liu Wuxing, Director of the Price Monitoring Center of the National Development and Reform Commission, led a team to Guizhou to conduct research on power supply, consumption, and pricing conditions at computing power centers.
China Mobile Sets Out Updated Board and Committee Line-Up
China Mobile (00941.HK) has appointed Chen Yangfan as Executive Director and Chief Executive Officer.
Gelonghui, June 16 — China Mobile (00941.HK) announced that, following a proposal by the Company's Nomination Committee and deliberation and approval by the Board of Directors, Chen Yangfan has been appointed as Executive Director and Chief Executive Officer of the Company, as well as a member of the Sustainability Committee, effective June 16, 2026. Chen Yangfan (formerly known as Yangfan), aged 50, currently serves as Director and General Manager of China Mobile Communications Group Co., Ltd. and China Mobile Communications Co., Ltd., the Company’s ultimate controlling shareholders. Mr. Chen holds a master’s degree. He previously served as Senior Vice President of the Enterprise Business Group at the headquarters of China United Network Communications Group Co., Ltd., China Unicom.
Express News | Computing Power Networks Launch Trillion-Yuan Investment Cycle to Support High-Quality Development in Artificial Intelligence and Other Sectors
China Mobile (00941.HK) has implemented a major free upgrade to traditional voice services in mainland China.
China Mobile (00941.HK) recently issued the 'Announcement on the Launch of China Mobile's Enhanced Calling Service,' announcing a major free upgrade to traditional voice calls in mainland China. Following the upgrade, users will be able to directly access multiple intelligent services during calls, with the option to enable or disable these features at their discretion. The enhanced calling service will be gradually rolled out to China Mobile subscribers starting in June (the specific rollout schedule by province will vary depending on network upgrade progress). Upcoming features include real-time call captions, interactive visual call menus, 1080p HD video calling, AI-powered fraud prevention, multi-party calling, DC functionality, and noise-reduction calling (for select users).
Morgan Stanley: If China channels RMB 2 trillion into data centers through state-owned telecom operators, it would lead to severe oversupply.
Morgan Stanley published a research report noting that recent media reports regarding potential Chinese government investment in data center construction have raised market concerns about competition in data centers and public cloud services. However, official sources have not yet confirmed these reports. Morgan Stanley believes the reports may refer to an official policy interpretation released in January last year, which mentioned RMB 2 trillion in expenditures. However, this spending pertains to network infrastructure connecting data centers rather than direct investment in data center construction. The firm contends that the primary bottleneck for China's artificial intelligence development lies in chip manufacturing and design, not data center infrastructure. The firm believes that if recent