China has made chip development a key plank of its Made in China 2025 drive to bolster its strength in technology against more developed rivals in the United States, Japan and Europe. The government wants…
Monthly Archives For April 2018
BRIEF-China Oceanwide International Financial Announces Investment Management Agreement For Setting Up Of Fund
* CHINA OCEANWIDE INTERNATIONAL FINANCIAL-TO PROVIDE CORPORATE GUARANTEE TO GUARANTEE GUARANTEED OBLIGATIONS IN FAVOUR OF INVESTORS OF UP TO HK$1.64 BILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. (…
China Mobile posts 4.1 percent rise in first-quarter profit
HONG KONG (Reuters) – China Mobile Ltd (0941.HK), the world’s largest telecom carrier, on Friday said profit for the first three months of the year rose 4.1 percent, driven by its strong mobile business. Profit…
China Mobile posts 25.8b yuan net profit
China Mobile (0941) posed a 4.1 percent increase year-on-year in net profit in the first quarter of this year to 25.8 billion yuan. Operating revenue gained by 0.8 percent to 185.5 billion yuan, of which,…
China Mobile : 1Q Operating Revenue CNY185.5 Billion Vs CNY184 Billion Year Ago
China Mobile Ltd. (0941.HK) Friday reported a 4.1% year-over-year rise in its first-quarter net profit after margins improved slightly. Net profit in the January-to-March quarter was 25.8 billion Chinese yuan (US$4.1 billion), compared with CNY24.8…
China Mobile profit up 4.1% as margins expand
China Mobile Ltd. 0941 Friday reported a 4.1% year-over-year rise in its first-quarter net profit after margins improved slightly. Net profit in the January-to-March quarter was 25.8 billion Chinese yuan (US$4.1 billion), compared with CNY24.8…
China Mobile : UNAUDITED KEY PERFORMANCE INDICATORS FOR THE FIRST QUARTER OF 2018
The Group achieved overall favourable performance from its mobile business during the first quarter of 2018, following its steadfast efforts to further develop its data traffic operations, maintain market competitiveness and boost customers’ data usage.…
China will curb financial irregularities from the root – regulator
BEIJING (Reuters) – China’s banking and insurance regulator said in a statement on Friday it will curb financial irregularities from the root. ( read original story …)
Factbox: Made in China 2025: Beijing’s Big Ambitions From Robots to Chips
SHANGHAI — China is looking to catch up with rivals like the United States and Germany in high-end technology, making a major push with a “Made in China 2025” strategy that identifies 10 key sectors,…
Beijing beauty salon investigated after woman, 78, spends US$44,000 on treatments
Beijing’s industry and commerce authority is investigating a claim that a 78-year-old woman was defrauded by being coaxed into spending large sums of money at a beauty salon, a report claims. The woman spent 274,500…
BRIEF-China Unicom Hong Kong Says March Aggregate Number Of Mobile Billing Subscribers 293.9 Mln
April 20 (Reuters) – China Unicom Hong Kong Ltd: * MARCH NET ADDITION OF LOCAL ACCESS SUBSCRIBERS DOWN 0.308 MILLION * MARCH AGGREGATE NUMBER OF MOBILE BILLING SUBSCRIBERS 293.945 MILLION * MARCH NET ADDITION OF…
Finance Chiefs Told Trade Tensions Are Hitting Confidence
That’s the message being conveyed to finance ministers and central bankers from around … The U.S. argues China needs to lower its barriers to imports and foreign investments, while Beijing is criticizing President Donald Trump’s…
China Huarong confirms chairman departs after probe, shares tumble
Huarong said in a statement to the Hong Kong stock exchange late on Thursday that Lai’s departure “will not cause any adverse impact to the business.” Wang Zhanfeng, head of the Guangdong branch of China’s…