Matthews International Capital Management LLC owned about 0.14% of China Mobile (Hong Kong) worth $318,593,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors also recently made changes…
Monthly Archives For July 2017
China trade with North Korea up but imports off
BEIJING — China’s trade with North Korea has risen despite … banks and companies that are considered to be involved in facilitating illicit North Korean financial activity,” Biswas said in an email. Stepped-up sanctions against…
US, China grow farther apart as North Korean threat rises
U.S. President Donald Trump’s hopes for China’s help with restraining North Korea appear to have gone nowhere, with the two sides growing farther apart as their approaches and concerns diverge. China shows no sign of…
Luxury brands woo Chinese market with home-grown talent
As China grows to be one of the world’s largest luxury markets, luxury brands are launching collaborations in one way or another with China’s independent designers (and even fashion bloggers) to explore the local market.…
China Movie Ticketing Service Maoyan Plans IPO: CEO
Speaking at the Shanghai International Film Festival, Wang said that Maoyan expects to turn a profit this year and is aiming for an IPO, according to local media … One month later, Beijing-based studio Enlight…
China Mobile Downgrade: “Significant Deterioration” Ahead
Morgan Stanley downgraded shares of China Mobile by two notches saying that long-term returns are likely to suffer as a steep-and-long 5G spending cycle plays out. “We expect 5G capex to commence in 2019 with…
Cubic Telecom, China Mobile, Valid to deliver LTE connectivity enablement
Cubic Telecom, China Mobile, and Valid have partnered to deliver LTE Connectivity Enablement to global IoT customers in China, the companies said. This partnership provides eSIM technology, making LTE connectivity and subscription management easier for…
China Mobile Rating Cut at Morgan Stanley
China Mobile LTD. shares were down 2% to $51.90 in early afternoon trading Wednesday after analysts at Morgan Stanley reduced the company’s rating by two notches to “underweight” from “overweight” with a price target of…
China fears cyberattacks designed to steal coveted technology, envoy says
OTTAWA – China fears cyberattacks because it is creating cutting-edge technology that others will want to steal, says its envoy to Canada, a rebuttal of the widely held view that the country is a leader…
Chinese developer buys stake in China Sports to tap sports facility sector
China Aoyuan Property said it has offered to pay 3.3 billion yuan (US$485 million) for an estimated 22 per cent stake of China Sports Industry Group , in a bid to tap into the country’s…
China fears cyberattacks designed to steal coveted technology, envoy to Canada says
OTTAWA – China fears cyberattacks because it is creating cutting-edge technology that others will want to steal, says its envoy to Canada, a rebuttal of the widely held view that the country is a leader…
Fitch Assigns Beijing Capital Group’s Notes Final ‘BBB’ Rating
The notes are unconditionally and irrevocably guaranteed by International Financial Center Property Ltd., a wholly owned subsidiary of Beijing Capital Land Ltd. (BCL; BB+/Stable), which is in turn a 54.5% directly owned listed subsidiary of…
The Latest: China hopes for trade consensus with US at G20
A Chinese finance official says he hopes Washington and Beijing will be able to bridge gaps over trade at the Group of 20 meetings in Hamburg. Zhu Guangyao, a Chinese deputy finance minister, told reporters…