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Report: Datacenter oversupply expected to gradually ease after mid-2025.
CBRE Group's latest research report points out that geopolitical challenges continue to affect Hong Kong's multinational retail and corporate companies' datacenter plans, while the mainland's economic slowdown has also reduced the activity of mainland tenants. The report also shows that the recent datacenter supply has exceeded demand, resulting in a rise in vacancy rates. Although mainland and international mega-corporations dominate most of the absorption, Hong Kong's information technology service providers have also driven absorption in the Asia-Pacific region. The supply wave is expected to continue until mid-2025, and then gradually slow down, leading to a more balanced supply and demand situation in the long run. CBRE Group's Hong Kong Advisory and Transaction Services - Industrial.
htsc: How should telecommunications operators layout new productive forces?
The development of new industries such as low-altitude economy, vehicle-road cloud, satellite internet, and AI smart computing relies on the upgrade of underlying communication and digital infrastructure. As the national team for digital infrastructure, operators naturally undertake the mission of being the chain leader of the industry chain and serving national strategic needs.
"Dah Sing" UBS Group: Fierce competition in the mobile market has limited impact on Hong Kong Telecom (06823.HK)'s mobile service revenue.
UBS Group released a research report indicating that Hong Kong Telecommunications (06823.HK) has now stopped providing 4G mobile phone services and has increased its 5G service data flow by 10-150% to customers since July this year, while keeping the plan's monthly fee unchanged. Meanwhile, HKBN (01310.HK) cancelled its 5G service with data flow higher than 60GB in April and strategically focused on middle and low-end customers (currently the highest monthly fee for 60GB is HK$168). The bank believes that the above operational strategy suggests that the industry competition is still fierce and believes that similar types of promotional activities may help Hong Kong Telecommunications attract new users and gain market share.
GIC Private has increased its shareholding in hkbn (01310.HK) to 7.01%.
According to the shareholding disclosed by the Hong Kong Stock Exchange, GIC Private Limited increased their shareholding in hkbn (01310.HK) by 0.21 million shares on Tuesday, 2nd of the month, at an average price of 2.4772 yuan per share, involving a total of 0.5202 million yuan, increasing their shares from 6.99% to 7.01%.
HKBN (01310.HK) received an increase in shareholding of 0.21 million ordinary share capital by the Singapore Government Investment Corporation, valued at approximately 0.5202 million Hong Kong dollars.
On July 8th, according to documents disclosed by the Hong Kong Stock Exchange on July 8th, GIC Private Limited increased its shareholding of hkbn (01310.HK) by 0.21 million shares at an average price of HKD 2.4772 per share on July 2nd, with a value of approximately HKD 0.5202 million. After the increase, the latest number of shares held by GIC Private Limited is 91.9138 million shares, and the warehouse ratio has risen from 6.99% to 7.01%. Image source: HKEx Shareholding Disclosure. What is equity disclosure? According to the Hong Kong Stock Exchange's requirements, major shareholders (holding
hkbn (01310.HK) has reached a veterinary services cooperation agreement with Bowtie.
Hong Kong Broadband (01310.HK) has announced a partnership with virtual insurance company Bowtie to launch veterinary services plans for Hong Kong Broadband customers. Yang Zhu Guang, the company's shareholder manager, executive vice chairman, and group CEO, stated that this collaboration will roll out a comprehensive veterinary services plan to further expand Hong Kong Broadband's unlimited integration strategy into the medical and health care field, catering to the needs of users' home lives.
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