Shulou(Shulou.com)11/24 Report--

CTOnews.com February 18 news, as the ChatGPT burst out of the circle, the A stock market, which has never been left behind in terms of hot topic stocks, also moved with the wind, and the stock prices of concept stocks continued to rise.

According to Kechuangban Daily, China Telecom announced that it has comprehensively laid out the research and development of large model technology and achieved phased results, actively pays attention to the industrial version of "ChatGPT" and has the basis for related technology research and development, and initially possesses the capabilities of article continuation, theme writing, synonymous sentence generation, multi-round dialogue and long text summary, in order to build the end-to-end production capability of industrial version generation technology oriented to the telecommunications field.

In response to questions from investors about the stock price hitting an 18-month high, China Telecom staff said on Thursday: the stock price has performed well recently, and the driving logic is multifaceted, but the effectiveness of the company's transformation and growth has gradually been recognized by the majority of investors. is undoubtedly one of the important aspects. First, the dividend will be increased, which will reach 70% this year, which is beneficial to individual investors; second, some time ago, we saw institutions slowly increase their holdings; third, at the business level, the momentum of emerging telecom business is growing very well, and CloudOS will still be an important development direction in the future. Cloud business doubled last year and is expected to continue to double this year.

Since the beginning of the year, China Telecom's Hong Kong shares have risen more than 23.20%, with a market capitalization of HK $551.296 billion.

As of CTOnews.com, China Telecom A shares are quoted at Rmb5.45per share, up more than 25 per cent year-to-date and currently have a market capitalization of 491.07 billion yuan.

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