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<Research>Citi: AI/ Cloud Computing Most Preferred in CN Internet Sector, Followed by Online Game
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China's State Administration for Market Regulation (SAMR) held a press conference yesterday (21st) to highlight ten case studies executed to curb 'involution-style competition across various industries', according to the research report issued by Citi Research. In conjunction with last week's investigation by the State Administration for Industry and Commerce (SAIC) into the hotel industry, despite the potential emergence of a new wave of investigations and policies, the broker believed that the core objective is to implement 'anti-involution' measures in industries with oversupply to reverse 'deflation', regulating the abuse of 'platform' power that forces merchants and suppliers to accept traffic and conversion support terms, and guiding companies to improve product and service quality. Given the critical role of the internet industry in the '15th Five-Year Plan,' Citi Research's sub-sector pecking order is AI/ cloud computing, online game, advertising, and e-commerce. AASTOCKS Financial News Website: www.aastocks.com |
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