China Telecom Corp, the country’s third-largest mobile network operator, posted solid financial results in the quarter ended September 30, thanks to strong subscriber growth and higher service revenue. Shares of China Telecom rose to as…
Monthly Archives For October 2017
Pre-Market Technical Pulse on Wireless Communications Stocks — Ubiquiti Networks, China Mobile, China Unicom, and TIM Participacoes
New York headquartered Ubiquiti Networks Inc.’s stock finished Monday’s session 0.02% lower at $62.75 with a total trading volume of 324,324 shares. The Company’s shares have advanced 15.82% in the past month, 17.86% in the…
China’s Telcos Announce September 2017 Subscriber Totals
China’s three main telecom operators have announced their subscriber totals for the month of September 2017, including a combined net addition of 12.87 mln mobile subscribers in China. China Mobile (NYSE: CHL; 0941.HK) reported a…
This Is Shaping Up to Be China’s Big Technological Opportunity of the Century
China is on the cusp of recasting itself as a leading technology innovator from a mere follower in the telecommunications industry, as efforts to develop a global 5G mobile standard near the final stage. “While…
Embassy to Help Remove Banking Hurdles in China
After reports emerged that the banking woes of Iranian citizens in China have resurfaced and they are increasingly finding their accounts closed, the Iranian Embassy in Beijing announced that it is determined to resolve the…
Taiwan president making state visits amid China stalemate
I think her true intention is clear for all to see,” Geng said at a daily news briefing. Washington should “not allow her to stop over, avoid sending any erroneous messages to the Taiwan independence…
China trade trip illuminating for Victoria technology firm
Justin Love had a plan in mind when he decided to join the City of Victoria’s recent trade mission to China and Japan, but over the course of a whirlwind 10 days through four cities,…
China central bank boosting oversight of loans offered on the internet – media
This year, the People’s Bank of China has added wealth management products to its regulatory oversight as it seeks to contain risks to the financial system. (Reporting by Dominique Patton and Muyu Xu; Editing by…
JD.com follows Alibaba into China’s property market with dedicated online channel
China’s property market has become the latest battlefield for its top two e-commerce titans, as JD.com follows Alibaba Group’s foray into online property. It aims to leverage technology and an understanding of consumers to not…
China to change property price methodology
China has revealed plans to tweak its methodology for calculating its home price index as the current system has met new challenges and difficulties, reported Reuters. The move comes as China looks to “better facilitate…
China property prices grow at slowest pace in 17 months
The cost of new housing in China rose at the slowest rate in 17 months in September as official figures showed price growth slowing markedly in top-tier cities, with prices in Beijing up just half…
China to tweak property price methodology to address ‘challenges’
Beijing: China will make changes to the methodology for calculating its housing price index as the current system has encountered “new challenges”, the Statistics Bureau said on Wednesday. Li Xiaochao, deputy director at the National…
China third-quarter GDP growth slows as expected, property measures bite
BEIJING (Reuters) – China’s economic growth slowed slightly as expected in the third quarter as the government’s efforts to rein in the property market and debt risks tempered activity in the world’s second-largest economy. The…
