Monthly Archives For August 2017

The Conglomerate That Troubles China

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On a sweltering July afternoon in Beijing, two Bloomberg staffers set out to find Guan, who until recently controlled a stake in airlines-to-finance conglomerate HNA Group Co. that on paper was worth almost $18 billion.…

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China Unicom reform due soon

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The mixed ownership reform plan of China Unicom (Hong Kong) (0762) is expected to be launched in mid-August with about 20 enterprises taking part, including Alibaba and Tencent Holdings (0700).The state-owned telecoms giant aims to…

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Alibaba, Tencent eye stake in China Telecom

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Supervised by China Unicom’s headquarters, the two centers are engaged in product design, event planning and research and development, and other activities which will support the telecom carrier’s nationwide cooperation with the two tech heavyweights…

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