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China Merchants Securities Co said in a research note that it expects Apple to sell some 60 million to 70 million smartphones in the fourth quarter of 2018 and 38 million to 45 million in the first quarter of 2019, lower than previously forecast.
China Tower Corp, a joint venture handling the telecom tower assets of the mainland's top three mobile carriers, is expected to generate a profit this year, and it aims to go public in Hong Kong this year or in the first half of next year.
China Merchants Group and other China-based investors will provide 40 billion yuan for the fund, which will invest in Chinese technology companies and startups.
China Youth Daily reported on Tuesday that the heating supply in some rural primary schools in Hebei's Quyang county has been delayed, forcing students to attend classes outside in the sun in a bid to keep warm.
China Mobile, the world's largest telecom carrier by mobile subscribers, has started accepting bids for the first phase of its 5G build out in 2019 – totaling 19.26 billion yuan (.79 billion) - marking the official kickoff of large-scale 5G network construction in China.
来源：资阳报