China Mobile has achieved peak rate of 1Gbps during a demonstration using Pre5G gigabit rate solution in TD-LTE network conducted by ZTE and Qualcomm — in Quanzhou, Fujian. They tested Quanzhou Mobile TD-LTE network with…
Monthly Archives For July 2017
SG Americas Securities LLC Has $215,000 Stake in China Unicom (Hong Kong) Ltd (CHU)
SG Americas Securities LLC decreased its position in shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) by 13.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The…
China’s telecom operators to scrap domestic roaming, long-distance call fees
Starting from Sept. 1, China Mobile, China Telecommunications and China Unicom will scrap charges for domestic roaming and long-distance calls across the country. Mobile users used to be charged about 0.6 yuan (9 U.S. cents)…
Putin bans VPN use in Russia
The Chinese government earlier this month ordered state-owned internet service providers, including China Mobile, China Unicom, and China Telecom, to completely block access to VPNs by February 2018. It followed a 14-month campaign the Chinese…
China marks army’s 90th anniversary with massive parade
“China could easily solve this problem!” Trump wrote, referring to North Korea’s two test launches in July of intercontinental ballistic missiles, as Fox News reported. China’s military has long been viewed as a corrupt and…
Chinese property mogul from Macau convicted for corrupting the UN
A Macau billionaire who is a high-profile political adviser in China and whose bribery case shed light on corruption at the United Nations was convicted this week for corrupting the global body with kickbacks to…
China Taiping Insurance Hldgs : to buy property management biz from parent
Company Limited 51% equity interests in Tellon Development Limited at HK$1,961 million. The target company has one wholly-owned subsidiary, namely Taiping Real Estate Shenzhen Company Limited, which is a limited liability company established in the…
China now the top IPO market, but economists fear for ordinary investors
China has overtaken Hong Kong as the top initial public offering (IPO) market. The number of listings in China’s stock exchanges has surged 303 per cent, with 246 companies raising up to US$18 billion in…
Saudi Aramco advisers favour London for mega IPO
Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a “cornerstone” IPO investor. As well as New York and London,…
HNA seeking more arrangers for delayed property IPO
China’s HNA Group, which is having trouble with is REIT IPO in Singapore, has a 20 per cent stake in Virgin Australia. Edwina Pickles HNA Commercial REIT is seeking to add arrangers to its planned…
Weibo History: Everything Investors Need to Know
By 2013, Weibo had roughly 500 million registered accounts, but many of these accounts were bots (or “zombies” as they’re called in China) rather than actual people … Prior to Weibo’s IPO, Alibaba made a…
Week Ahead: Earnings, RBI policy among 10 factors that could impact the market
Two new IPOs to hit the market The upcoming week will also see two … Additionally, the market will watch out for economic data from several nations. For instance, China’s manufacturing and non-manufacturing PMI for…
Chinese Leverage to Kill Petro-dollar
The IPO deal is stalled, possibly since underwriting brokerage … They might hand to the Saudis an over-valued offer on a gilded platter. China has stayed away from any direct involvement in the Yemen War.…