Now, 5G buzz powers some telecom A shares

Shares of listed Chinese telecom companies with 5G capabilities are buoyant on the A-share market, following worldwide buzz about the commercialization of the fifth-generation technology and China's leading position in the area.

At the Mobile World Congress Barcelona, the pre-eminent and newly rebranded event of the global smartphone industry, which was held in Spain from Feb 25 to Feb 28, 5G was the hottest buzzword. And China's controversial Huawei was acknowledged as a clear winner insofar as new 5G handset models are concerned.

South Korea's Samsung and LG also disclosed details of the progress they had made in the production of 5G mobile phones. The 5G chips produced by telecommunications giants such as Qualcomm and Intel also made their debut at the MWC Barcelona.