Changes in Hong Kong stocks | PCCW (00008) fell nearly 3%, and losses attributable to mid-term shareholders narrowed 38% year-on-year. The company will speed up the application of AI to networks and operating processes

The Zhitong Finance App learned that PCCW (00008) fell nearly 3%. As of press release, it was down 2.55% to HK$5.725, with a turnover of HK$39.0171 million.

According to the news, PCCW recently announced results for the six months ended June 30, 2026. The group achieved comprehensive income of HK$20.04 billion during the period, an increase of 7% over the previous year; the company's equity holders should have accounted for losses of HK$276 million, a decrease of 38% over the previous year; and a basic loss of 3.57 points per share. According to the announcement, PCCW will accelerate the application of AI to networks and operating processes, and integrate AI into personal and corporate customer services, thereby improving operational efficiency and service quality, and opening up new growth opportunities.

In the six months ended June 30, 2026, revenue from international telecommunications services increased by 2% to HK$3,899 billion, mainly driven by increased data and international voice wholesale revenue and increased customer demand for the company's Console Connect software-defined cloud interconnection platform services. In particular, OTT users in mainland China saw a healthy increase in demand for the company's services, and revenue increased by more than 50%.