Title: "RCS Concept Gains Popularity"
Date: "2020-04-08"
Categories:
- "log"
Today, China Telecom, China Mobile, and China Unicom jointly held an online press conference to release the "5G Message White Paper," which has brought attention to RCS concept stocks. According to related reports, please refer to "Three Major Operators Jointly Release 5G Message White Paper."
RCS, or Rich Communication Services, is a fusion of communication technology and information technology. The most representative application of RCS is the SMS service we use in our daily lives. Once upon a time, SMS messages gave birth to many jokes, but now they are only used for receiving verification codes. As the first application of 5G, RCS is expected to replace current apps and enable voice, video, shopping, and even interactive applications.
Today, the individual stocks that gained popularity due to the RCS concept are:
- G-Netlink Holdings (300213)
- Wuhan Fiberhome International Technologies (300292)
- Kele Technology (600260)
- China Mobile Games and Entertainment Group (002123)
- Zhongjia Bochuang (000889)
- Beijing Wiseasy Technology (002148)
- CaiXun Group (300634)
- Shenzhou Taiyue (300002)
By looking at the 5-day average turnover rate of these stocks, it can be seen that the previous 5-day average turnover rate of RCS concept stocks was not high, indicating that they have not been hyped recently. Therefore, it is worth continuing to pay attention to these concept stocks. However, whether these concept stocks truly possess RCS technology requires continuous screening in the future.
Figure 1: RCS Concept Stocks - 5-day Average Turnover Rate
In addition to the RCS concept, other hotspots in the market are generally quiet, and the trading volume has once again shrunk to below 700 billion. Personally, I believe that the market is still in the process of bottoming out, but the probability of another significant decline is relatively small. At this time, it is recommended to take advantage of the opportunity to buy some stocks that were previously unaffordable.
Regarding actual trading:
