CHINA MOBILE, PICC GROUP Sign Strategic Cooperation Agreement, Covering AI Tech

　　CHINA MOBILE (00941.HK) -0.400 (-0.520%) Short selling $293.37M; Ratio 23.142% and PICC GROUP (01339.HK) +0.030 (+1.176%) Short selling $14.16M; Ratio 24.037% entered into a strategic cooperation agreement today (9th), according to Chinese media.

　　It is learnt that the two parties will work together to promote a new generation of information technology and the in-depth integration of the insurance industry to explore innovative cooperation in the AI and computing power network areas.

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　　At the same time, the two parties will carry out comprehensive cooperation in ways such as the basic telecommunications business, insurance business, enterprise annuity and pension, so as to promote industrial integration and innovation, and seek opportunities for cooperation and development.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-09 16:25.)

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