SHANGHAI (Reuters) – China’s securities regulator has suspended approval of Hong Kong-focused mutual funds, according to the industry newspaper China Fund, potentially slowing the pace of Chinese money into Hong Kong stocks. New funds with…
Monthly Archives For November 2017
ICBC Teams Up With JD.com to Offer Digital Banking Services
Customers will be able to request credit services such as proof-of-deposit slips through the online platform, the Beijing-based bank said in a statement Monday. The logistics unit of JD.com will deliver the documents to the…
PC smash hit PlayerUnknown’s Battlegrounds officially coming to mobile… in China
The best way to stay connected to the Android pulse. Our main newsletter is the Android Weekly which is sent every Sunday and contains all the top Android news, reviews and features from the past…
In AI Technology Race, U.S. Chips May Be Ace-In-The-Hole Vs. China
Yes, China has many strengths as it sets out for worldwide dominance in AI technology. Its internet giants Baidu (BIDU), Alibaba Group Holdings (BABA) and Tencent Holdings (TCEHY) are also pouring money into AI research…
China’s tech giants reach global elite with gamers, shoppers
Tencent and Alibaba do have a major advantage over American rivals because China severely restricts access to its internet, with Facebook and Google kept outside the “Great Firewall”. But they have also deftly tapped into…
Chubb Announces Strategic Cooperation Agreement with China’s PICC Property & Casualty Company
ZURICH, Nov. 27, 2017 /PRNewswire/ — Chubb Limited (CB) today announced that it has entered into a strategic cooperation agreement with PICC Property & Casualty Company of China that will leverage Chubb’s global capabilities in…
How Nokia Single RAN assisted China Unicom to save 84% of energy
Harry Kuosa, who’s responsible for Single RAN marketing at Nokia Networks, said that Nokia Single RAN solution has assisted China Unicom to save 84 percent of energy while building its 4G network in the country.…
Beijing Rage Over Child Abuse, Evictions Shows Pressure on Xi
Volunteer networks have sought to provide shelter and food to migrants. Beijing is shifting its economy into higher value industries including technology and finance, and is striving to improve its living environment to attract top…
Beijing is Making Its Most Serious Effort Yet to Tackle Its Financial-System Issues
Beijing is coming to grips with its Wild West-like financial system—not a moment too soon, many would argue. The jittery market reaction shows just how delicate that operation is going to be. The timing isn’t…
BRIEF-China Rongzhong Financial Holdings Co Says HY Net Loss Attributable HK$189.3 Mln
* HY NET LOSS ATTRIBUTABLE TO OWNERS OF COMPANY OF HK$189.3 MILLION VERSUS PROFIT HK$39.1 MILLION Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com) Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
China streaming app plots bumper IPO
Asia Innovations Group, the Chinese app developer that runs live streaming platform Up Live,is eyeing an initial public offering that could value the company at “several billion dollars”. Asia Innovations Group, the Chinese app developer…
China mobile data traffic jumps 148%
Mobile internet data traffic in China jumped 148 per cent year-on-year in October to an average of 2.25GB per subscriber a month, the Ministry of Industry and Information Technology (MIIT) revealed. In the period from…
Trade, human rights on the agenda for Prime Minister Justin Trudeau’s China visit
Trade and human rights are among the topics Prime Minister Justin Trudeau intends to raise during a visit to China next month. Trudeau’s office finalized details on Sunday of the trip, which will take place…
