HONG KONG -- The heads of China's three state telecom companies have voiced confidence in the outlook for the industry and called attention to their rising share prices as President Xi Jinping looks to quicken the shift to a digital economy.
Xi's digitalization push boosts sentiment, though still far below peak
China Mobile shares have risen 34.6% in Hong Kong since the end of October to March 23. © Reuters
HONG KONG -- The heads of China's three state telecom companies have voiced confidence in the outlook for the industry and called attention to their rising share prices as President Xi Jinping looks to quicken the shift to a digital economy.