Summary of Key Points Core Viewpoint - The June stock recommendations from 42 brokerage firms show a significant increase in the number of recommended stocks, with the pharmaceutical and biotechnology sector returning to the top of the industry recommendation rankings after three years, indicating a renewed market interest in cyclical industries [1][3]. Stock Recommendations - A total of 332 stocks received 457 recommendations, with 42 stocks from the ChiNext gaining 53 recommendations, 45 stocks from the STAR Market receiving 59 recommendations, and 43 Hong Kong stocks getting 62 recommendations, marking an increase of 6 and 7 stocks respectively compared to the previous month [1]. - Six stocks received recommendations from five brokerage firms: China Merchants Bank, Yara International, Smoore International, SF Holding, Qingdao Beer, and Haida Group [1]. - Six stocks received recommendations from four brokerage firms: Zijin Mining, China Mobile, Zhenhua Heavy Industries, Tencent Holdings, Hangzhou Bank, and Dongpeng Beverage [1]. Industry Rankings - The pharmaceutical and biotechnology sector achieved a recommendation rate of 10.2%, reclaiming the top position, while the electronics sector fell to second place with a recommendation rate of 9.3% [3]. - The food and beverage sector ranked third with a recommendation rate of 6.58%, and the machinery equipment sector ranked fourth with a rate of 6.35% [3]. - The coal industry saw a significant increase in recommendation rate by 59.6%, while the transportation sector increased by 52.1%, indicating a positive outlook for these industries [3]. Declining Industry Interest - The retail trade sector experienced a notable decline in recommendation rate by 43.17%, attributed to renewed trade tensions and previous excessive price increases [4]. - The defense and military industry saw a decrease of 34.77%, mainly due to the easing of the Russia-Ukraine situation [4]. - The automotive sector's recommendation rate dropped by 30.99%, reflecting concerns over industry competition [4]. Performance of Brokerage Recommendations - In May, 30 out of 45 brokerage firms reported positive returns, with the top performers being Guoyuan Securities (6.28%) and Caitong Securities (5.93%) [5][6]. - As of May 30, 36 out of 45 brokerage firms had positive returns for the year, with 16 firms achieving returns close to or exceeding 10% [6]. Market Outlook - Analysts suggest that June will see continued improvement in returns and win rates, with a focus on large-cap growth stocks, although the market is expected to remain volatile [7]. - The market sentiment has been affected by fluctuating U.S. tariff policies and slow progress in U.S.-China trade negotiations, which are key factors influencing market risk appetite [7].

Group 1 - The core viewpoint of the news is that the China Hong Kong 300 Infrastructure Index has shown positive performance, with a 4.41% increase over the past month, a 7.48% increase over the past three months, and a 7.41% increase year-to-date [1] - The index is composed of selected securities from the China Hong Kong 300 Index, focusing on various industry themes such as banking, transportation, resources, infrastructure, logistics, and leisure [1] - The index was established on December 31, 2004, with a base point of 1000.0 [1] Group 2 - The top ten weighted holdings in the China Hong Kong 300 Infrastructure Index include China Mobile (34.26%), CLP Holdings (8.4%), Cheung Kong (7.42%), China Telecom (5.2%), Hong Kong and China Gas (4.89%), Power Assets Holdings (4.71%), China Unicom (3.61%), ENN Energy (3.12%), China Resources Power (2.52%), and CK Infrastructure Holdings (2.41%) [1] - The index's holdings are entirely composed of securities listed on the Hong Kong Stock Exchange, with a 100% allocation [1] - In terms of industry composition, telecommunications services account for 52.05%, utilities for 40.92%, construction and decoration for 4.75%, and transportation for 2.28% [1] Group 3 - The index sample is adjusted biannually, with adjustments occurring on the next trading day following the second Friday of June and December each year [2] - Weight factors are adjusted in accordance with the sample adjustments, which are fixed until the next scheduled adjustment unless a special circumstance arises [2] - Companies that are delisted or undergo mergers, acquisitions, or spin-offs are handled according to the calculation and maintenance guidelines [2]

Core Viewpoint - The article discusses the transformation of the Hong Kong stock market, highlighting its resurgence as a capital haven despite previous challenges, driven by significant reforms and an influx of southbound capital from mainland investors [3][6][12]. Group 1: Market Performance and Trends - Xiaomi completed a HKD 4.25 billion placement, marking the third-largest flash placement in Hong Kong's history, following Meituan and BYD [3]. - In 2023, Hong Kong's IPO financing reached HKD 653.25 billion, a year-on-year increase of 691.33%, while total placements surged to HKD 1,242.68 billion, up 853.47% [4]. - The first quarter of 2023 saw a new high of 27% in equity holdings of Hong Kong stocks by actively managed public funds [4]. Group 2: Challenges Faced by the Market - Prior to 2023, Hong Kong stocks faced a four-year decline, with IPO fundraising dropping to HKD 46.3 billion in 2022, an 86% decrease from 2021, making it the lowest in 20 years [3][4]. - The market suffered from liquidity issues, with large-cap stocks contributing 90% of liquidity, while small-cap stocks struggled [9][10]. - The market's challenges were exacerbated by external factors such as aggressive interest rate hikes by the Federal Reserve and geopolitical tensions [8][10]. Group 3: Reforms and Strategic Changes - The new leadership at the Hong Kong Stock Exchange, including CEO Chen Yiting and Chairman Tang Jiacheng, aims to address liquidity issues and attract competitive companies [12][13]. - Reforms include lowering the listing thresholds for companies, with market capitalization requirements for commercialized companies reduced from HKD 60 billion to HKD 40 billion [13]. - The introduction of the FINI platform has improved the efficiency of new stock subscriptions, significantly reducing the time funds are frozen during the process [14][16]. Group 4: Capital Inflows and Market Dynamics - The influx of southbound capital has been a key driver of market resilience, with significant investments in technology and new consumer sectors [18][20]. - Public funds have increased their holdings in major stocks like Tencent and Alibaba, with a notable rise in technology-related ETFs [20][22]. - Insurance funds have actively increased their stakes in high-dividend stocks, contributing to the overall liquidity of the market [23].

来源：环球网 在"六一"国际儿童节期间，广西移动以科技为笔、爱心为墨，在八桂大地上绘就了一幅温暖画卷。 从"大思政课入校园""AI预见未来"到"书香传递希望"，再到守护特殊群体，四束温暖的光芒照亮了孩子 们的成长之路。 广西移动"六一"送温暖点滴真情暖童心 梁园摄 随着相机快门声响起，AI技术将孩子们的笑脸与梦想职业完美融合。看着屏幕上"变身"宇航员、警察、 消防员的自己，孩子们眼中闪烁着星辰般的光芒。"我长大要当消防员！这张照片让我觉得梦想更近 了！"一名同学大声说到，这一刻科技不再是冰冷的代码，而成为托举梦想的翅膀。 AI让孩子们看见梦想职业的自己 梁园摄 第一束光：劳模精神，大思政课进校园 广西移动精心策划了"AI送课进校园"活动，紧密结合AI人工智能、劳模工匠精神和大思政课，将一场场 别具一格的科技盛宴带入了小学校园，让孩子们初步了解人工智能的知识，并用系列精彩的科技启蒙课 程，献上一份珍贵的儿童节礼物。 5月28日，在南宁市滨湖路小学和桃源路小学，自治区劳模、南宁工匠何新际走进课堂，以"神奇的手机 通信之旅"为主题，为孩子们打开了一扇科技之窗。活动通过沉浸式场景还原，生动地演绎了手机信号 从基站到终 ...

Group 1: Travel Trends - The scale of the national travel population during the Dragon Boat Festival is expected to grow by 6% year-on-year, with short trips and nearby travel being the preferred choices [1] - New travel hotspots include grassland cooling and seaside vacations, reflecting changing preferences among travelers [1] - The most popular dragon boat viewing locations are in southern cities such as Guangzhou, Foshan, Hangzhou, Yueyang, and Chengdu, with 18% of the audience being from outside the region and a 64% increase in international visitors compared to regular days [1] Group 2: Outdoor Activities - Outdoor activities and camping are increasingly popular, with cities like Shenzhen, Kunming, Nanning, Hangzhou, and Huizhou being the most favored for camping [3] - The average duration of a camping trip is 4 hours, with individuals aged 30 to 40 making up 28% of the camping demographic, indicating a strong interest from the younger middle-aged group [5] - The camping economy is emerging as a new trend in tourism consumption during the Dragon Boat Festival [5] Group 3: Family Travel - The parent-child travel market is expected to see a new wave of consumption, with a predicted 12% increase in the number of participants compared to last year [6] - Cultural study tours are becoming a new trend in parent-child travel, with popular cultural venues like the Palace Museum and the National Museum of China seeing a 19% increase in visitors during the holiday [7] - Traditional cultural experiences related to the Dragon Boat Festival are also significant, with parent-child travel making up 22% in regions hosting dragon boat races, highlighting the growing trend of educational and cultural travel for families [7]

Core Insights - Inner Mongolia is advancing the construction of a green computing power base, achieving a computing power scale of 126,000 P, with intelligent computing power at 116,000 P, ranking first in the country [1] - The region's data center cluster has a green electricity usage ratio of 84.57%, leading nationally, and is supported by the national policy to accelerate the development of integrated computing power networks [1][2] - Inner Mongolia is leveraging its advantages in renewable energy to create a collaborative system of "green electricity + computing power + industry," contributing to high-quality economic development [1][2] Green Computing Power Development - The data center cluster in Inner Mongolia, including the Hohhot and Ulanqab data parks, is a key hub for the "East Data West Computing" project, benefiting from a unique geographical position [2] - The region's data centers are enhancing the green electricity ratio through direct supply and grid-based energy storage, aiming to establish a national green computing power base [2] - In Q1 2023, the data centers consumed 1.22 billion kWh of electricity, with green electricity accounting for 84.57%, significantly reducing electricity costs [2] Full-Chain Low-Carbon Development - Inner Mongolia's green computing industry encompasses a full low-carbon chain from production to operation, with companies like Baichuan Digital Technology producing energy-efficient servers [3] - The region is implementing policies to promote green computing power, including phasing out high-energy-consuming data centers and controlling new data center energy consumption [3] - Inner Mongolia has established national-level internet backbone direct connection points and dedicated international internet data channels, facilitating rapid information transmission [3] Comprehensive Industry Chain - Inner Mongolia has built a complete green computing power industry chain, covering various computing systems and involving 79 data center projects with an investment of 280 billion yuan [5] - The China Mobile Intelligent Computing Center in Hohhot is the largest single liquid-cooled intelligent computing center globally, capable of performing 67 trillion floating-point operations per second [5] - The region is developing applications in finance, AI diagnostics, and physical simulations, with a focus on enhancing operational efficiency [5] Market and Application Expansion - Inner Mongolia is accelerating the integration of digital technology with the real economy, promoting AI applications in agriculture, industry, and renewable energy [7] - The Inner Mongolia Data Trading Center is set to launch in June 2024, aiming to stimulate data market transactions and has already facilitated transactions exceeding 50 million yuan [7][9] - The region is establishing a multi-cloud computing resource monitoring and scheduling platform, enhancing connectivity with other regions for efficient computing power trading [8] Employment and Economic Impact - The rapid development of the digital economy in Inner Mongolia has created numerous job opportunities, with companies providing data labeling services employing over 500 people [9] - The information transmission and software service industry contributed 24.7% to GDP growth last year, highlighting the sector's significance in the regional economy [9] - The "green electricity + computing power + industry" model is driving high-quality development in Inner Mongolia, supporting national digital economic growth [9]

Core Insights - The event "Moving Towards New Heights: Media Communication on Low Altitude Economy Development" was held in Guangzhou, showcasing China Mobile's technological breakthroughs and application results in the low altitude economy sector [1][3] - China Mobile's research institute emphasized that low altitude information infrastructure is crucial for the scalable development of the low altitude economy, which requires connectivity and digitalization [1] Group 1: Technological Developments - China Mobile's Guangdong branch is innovating in low altitude applications, focusing on commercializing effective pathways for application scenarios [1] - The establishment of the "Zhi Xun" low altitude smart inspection platform integrates AI and 5G-A sensing networks, enhancing capabilities in low altitude inspections [3] Group 2: Collaborative Efforts - Collaboration between China Mobile Guangdong, the Foshan Low Altitude Economic Development Association, and Meihua Cultural Tourism Technology Company is underway to explore "low altitude + AI" innovations in the cultural tourism sector [3] - Seven low altitude application scenarios were demonstrated, utilizing 5G-A perception and multi-detection technologies to accurately track drone trajectories and assist in locating drone operators [3]

Core Viewpoint - The launch of the "He Mei Xiang Tu" platform by state-owned enterprises aims to enhance rural tourism and support rural revitalization through digital technology and cultural tourism initiatives [1][2][3]. Group 1: Platform Overview - The "He Mei Xiang Tu" platform connects 98 central enterprises and focuses on supporting 298 counties, showcasing a commitment to rural prosperity through digital technology and cultural tourism [2][3]. - The platform has launched over 100 unique travel routes, covering more than 130 supported counties, and includes themes such as educational research, cultural activities, and employee wellness [2][3]. Group 2: Unique Travel Routes - The platform emphasizes unique travel experiences that highlight rural cultural and natural resources, transforming them into marketable tourism products [3]. - Initial routes include "Deep Exploration of Bai Culture in Jianchuan" and "Charming New Ping Shan in Red West Bipei," showcasing diverse cultural and scenic experiences [2][3]. Group 3: Digital and Technological Integration - The platform leverages digital technology to enhance rural tourism, with features like AI tools for creating travel content and immersive experiences [5][6]. - China Mobile's initiatives aim to improve rural infrastructure and connectivity, facilitating better access to tourism and local products [4][5]. Group 4: Economic Impact and Community Engagement - The platform promotes a shift from merely selling local agricultural products to attracting tourists, thereby stimulating local economies [6]. - The initiative encourages community participation in rural revitalization, making tourism a collaborative effort for economic development [6].

Core Viewpoint - China Mobile Limited announced its 2024 final profit distribution plan, detailing a cash dividend of RMB 2.2916 per share for A-shares, approved at the 2025 Annual General Meeting on May 22, 2025 [1][2]. Distribution Plan - The cash dividend of RMB 2.2916 per share (including tax) will be distributed to all A-share shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on June 5, 2025 [1][2]. - The total cash dividend distribution for A-shares amounts to approximately RMB 2,068,782,844.02 (including tax) based on 902,767,867 A-shares [2]. Relevant Dates - The key dates for the dividend distribution are as follows: - Record date: June 5, 2025 - Last trading day: June 6, 2025 - Ex-dividend date: June 6, 2025 [1][2]. Taxation Information - For individual shareholders holding shares for more than one year, the dividend income is temporarily exempt from individual income tax, resulting in an actual cash dividend of RMB 2.2916 per share [4]. - For shares held for one year or less, the company will not withhold individual income tax at the time of distribution, and the actual cash dividend remains RMB 2.2916 per share before tax [4]. - For Qualified Foreign Institutional Investors (QFII), a 10% corporate income tax will be withheld, leading to a net cash dividend of RMB 2.06244 per share [6]. Contact Information - For inquiries regarding the 2024 final profit distribution, shareholders can contact the Securities Affairs Department at 010-5399 2600 or via email at zqswb@chinamobile.com [7].

Group 1 - The core index, the China Securities National New Central Enterprises Modern Industry Leading Index, rose by 1.33% to 1166.46 points with a trading volume of 20.746 billion yuan [1] - Over the past month, the index has increased by 0.43%, but it has decreased by 4.56% over the past three months and by 5.29% year-to-date [1] - The index is customized by Guoxin Investment Co., Ltd., selecting 50 representative listed companies in fields such as new mobile technology, new energy, new materials, and high-end equipment from state-owned enterprises [1] Group 2 - The top ten weighted stocks in the index include China Telecom (9.94%), Hikvision (9.38%), China Mobile (9.3%), CRRC (7.34%), China Unicom (6.6%), China Shipbuilding (5.97%), Three Gorges Energy (5.35%), China Heavy Industry (3.59%), Baosteel (3.43%), and SMIC (2.99%) [1] - The index's holdings are primarily listed on the Shanghai Stock Exchange (68.55%) and the Shenzhen Stock Exchange (31.45%) [1] Group 3 - The industry composition of the index shows that information technology accounts for 30.35%, communication services for 29.67%, industrials for 24.19%, materials for 7.73%, utilities for 5.54%, healthcare for 2.03%, and consumer staples for 0.49% [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Weight factors are adjusted in line with sample changes, and temporary adjustments may occur under special circumstances [2]