SSEC +0.1 pct, CSI300 -0.1 pct, HSI -0.1 pct * China’s share sales rules may have unintended consequences * China property shares jump on performance expectations SHANGHAI, May 31 China stocks opened sharply up on…
Monthly Archives For May 2017
Zhongtian Technology enters offshore engineering market
According the Zhongtian Technology, it will serve the offshore wind farm in Rudong, Jiangsu and enter the Southeast Asia and the Middle East market in the next five to ten years. The market for offshore…
China May factory activity holds up on boost from steel, construction
BEIJING China’s manufacturing and services sectors expanded at a solid pace in May thanks to robust construction and infrastructure investment, welcome news for authorities trying to strike a balance between maintaining stable economic growth and…
With Shares Trading down at $74.07 (CAVM) Cavium and China Unicom Sign…
Cavium and China Unicom Sign Collaboration Agreement for Virtualized RAN Technology. The company is so far trading down by -0.19% since yesterday’s close of $74.21. Company chares are trading at $74.07 just a bit higher…
China Tower prepping $5B-$10B public offering
and China Unicom (CHU +1.4%) — has approached investment banks as it plans an initial public offering. The company is said to seek floating 10-20% of its shares and raise $5B-$10B, most of which would…
China factory PMI growth holds up in May, steel sector activity speeds up
BEIJING China manufacturing sector grew faster than expected in May as activity in the steel industry rebounded sharply, an official survey showed on Wednesday, allaying concerns of slowing economic momentum as Beijing cracks down on…
China’s real credit risk lurks in shadow finance
But financial markets greeted China’s downgrade last week by Moody’s, the credit rating agency, with their version of a nonchalant shrug. Chinese domestic bond prices remained steady and Hong Kong’s main stock index actually rose…
Beijing’s rickshaws teeter between tradition, survival
The makeshift red-canopied vehicles are ubiquitous in Beijing: rickshaws traversing narrow alleyways and skyscraper-lined avenues alike. A historic mode of transport, they have survived China’s modernisation, and remain an integral part of city living ……
China factory activity steady in May, services rebound
HONG KONG (AP) — Growth in China’s factory activity was steady last month while the services industry rebounded, according to data released Wednesday that signal the recovery in the world’s No. 2 economy is holding…
ARM in China joint venture to help foster ‘secure’ chip technology
TAIPEI — ARM Holdings, a British chip innovator controlled by SoftBank Group, will form a joint venture with Chinese partners “within months” to help companies in China develop semiconductor technologies, including products that could have…
China accelerates commercial use of NB-IoT for industrial applications
According to China Daily, the The Ministry of Industry and Information Technology is encouraging enterprises to promote the technical transformation of broadband network infrastructure, such as fiber broadband and Long Term Evolution (LTE) enhancement ……
China Information Technology : CNIT SIGNS $2 MILLION CLOUD-BASEDAD TERMINALCONTRACT FOR SHENZHEN
SHENZHEN, China, May 30, 2017 -China Information Technology, Inc. (Nasdaq:CNIT), a provider of cloud-app technologies for Internet-of-Things (IoT) platforms and internet-based ad distribution and ad screen sharing systems in China, today said it has ……
China to launch cybersecurity law despite concerns
China will implement a controversial cybersecurity law Thursday despite concerns from foreign firms worried about its impact on their ability to do business in the world’s second largest economy. Passed last November, the law is…