SHANGHAI (Reuters) – China must strengthen its grip on the internet to ensure broader social and economic goals are met, state news agency Xinhua reported on Saturday citing comments from President Xi Jinping, underlining a…
Monthly Archives For April 2018
Lazard Asset Management LLC Decreased China Mobile (CHL) Stake
China Mobile Limited (CHL) is analyzed based on price earnings (P/E) ratio. Northwestern Mutual Wealth Management Co. now owns 16,543 shares of the Wireless communications provider’s stock valued at $836,000 after acquiring an additional 1,177…
China Mobile (CHL) Shareholder Lazard Asset Management LLC Decreased Stake
HD’s profit will be $2.40B for 21.02 P/E if the $2.08 EPS becomes a reality. After having $0.31 EPS previously, GrubHub Inc.’s analysts see -12.90% EPS growth. Given that liquidity is king in short-term, CHL…
Has $114000 Holding in China Mobile Ltd. (CHL)
The institutional investor owned 2,066 shares of the Wireless communications provider’s stock after selling 4,503 shares during the period. Now have a look at past performance (weekly performance to year to date performance) how China…
China Quietly Rolled Out a Very Big Bang
While China has embraced Western-style consumerism, its financial sector remains a bog, unable to satisfy the banking, insurance, and retirement needs of its growing middle classes. Technically, the mild-mannered Yi was just setting a more…
World Bank aims for 100% access to financial services
Jim Yong Kim, World Bank president. Photo provided to China Daily World Bank Chief Jim Yong Kim said on Thursday that he expected the progress and innovation in improving financial access in China will also…
Beijing has declared war on those hilariously bad translations on signs with eye on 2022 Winter Olympics
It has announced a monthly prize for the individual who spots the most errors. Remember all those hilariously badly translated signs that went viral (or whatever else it was called back then) when Beijing hosted…
Beijing scholar says Hong Kong judges’ ‘different understanding’ of Basic Law is behind ‘great disparity’ in court cases
A Beijing legal heavyweight has rekindled controversy by suggesting Hong Kong judges have a “different understanding” among themselves of the city’s mini-constitution that at times produced “great disparity” in their adjudicated cases. Speaking … (…
Beijing has declared war on those hilarious, badly translated signs with eye on 2022 Winter Olympics
Remember all those hilariously badly translated signs that went viral (or whatever else it was called back then) when Beijing hosted the Olympics in 2008? Well, they could soon be a thing of the past.…
China Unicom revenue up 8.4% thanks to 4G subscriber growth
China Unicom announced financial results for Q1 2018 showing 8.4 percent increase overall service revenue to RMB 66,609 million. China Unicom achieved 11.6 percent increase in mobile service revenue to RMB 41,511 million, 3.4 percent…
China Unicom quarterly net jumps to 3b yuan
China Unicom (0762) reported today that net profit in the first quarter soared by 248.7 percent to 3 billion yuan. Overall service revenue grew by 8.4 percent to 66.61 billion yuan during the same period.…
Analysis: More China bank reserve cuts on the cards as PBOC seeks to prevent slowdown
BEIJING (Reuters) – The unexpected decision by China’s central bank to cut the amount of cash that lenders must keep in reserves is unlikely to be its last such move given the growing concerns about…
China approves 2 IPO applications
BEIJING, April 21 (Xinhua) — The China Securities Regulatory Commission (CSRC) approved the IPO applications from two companies Friday. They are allowed to raise up to 1.5 billion yuan (238 million U.S. dollars), the CSRC…
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