China United Network rises on cloud integration with DeepSeek-R1 model

China Unicom Hong Kong

06/02/2025 03:51

** Shares of China United Network Communications  600050.SS 
rise 3.4% to 5.16 yuan, highest since Jan. 2
    ** Stock on course for fifth consecutive session of gains,
with latest session set for best one-day pct gain since mid Nov
    ** The Chinese telecom group said its Unicom Cloud took lead
in realizing in-depth multi-scenario integration with
DeepSeek-R1 model
    ** Stock of the company's Hong Kong-listed unit China Unicom
 0762.HK  rise 3.4% to HK$7.39, highest since Jan. 2
    ** In China, the blue-chip CSI 300 Index  .CSI300  gains
0.7% and the Shanghai Composite Index  .SSEC  adds 0.8%
    ** In Hong Kong, telecoms index  .HSCIT  and Hang Seng Index
 .HSI  climbs 0.5% and 0.3% respectively

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))