Overseas financial institutions will now be treated the same as local companies, the China Banking and Insurance Regulatory Commission said in a statement late Thursday. Foreign stakes were previously … ( read original story …)
Monthly Archives For August 2018
China Unicom promises 300 Beijing 5G bases this year
China Unicom (CHU +1.2%) is promising to build 300 5G base stations in Beijing this year. That comes as part of the state-owned telecom’s “NEXT 5G” initiative. The company also plans to pilot 5G techn……
Why China and US tech stocks are diverging
“Tech sector [in China] had previously been the large beneficiary of such large inflow, now it is seeing the reverse,” Liu told Yahoo Finance in an email. With ongoing trade negotiations between the t… (…
Australia bans China’s Huawei from 5G mobile network, angers Beijing
SYDNEY (Reuters) – Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network, citing risks of foreign interference and hacking whi… ( read original story …)
China Mobile HK claims 5G network testing record
China Mobile Hong Kong (CMHK) has proclaimed it is the first network provider in Hong Kong to successfully complete end-to-end 5G network testing. CMHK says it has successfully built a 5G network that … (…
Australia bans China’s Huawei from mobile network build over security fears
SYDNEY (Reuters) – Australia’s government on Thursday banned major Chinese telecoms firm Huawei Technologies Co Ltd from supplying equipment for its planned 5G mobile network, citing risks of foreign … ( read original story …)
China Now Boasts More Than 800 Million Internet Users And 98% Of Them Are Mobile [Infographic]
China’s internet population just passed a major milestone. According to the Chinese government, 802 million people are now actively using the internet, 57.7 percent of the population. The data was pub… ( read original story…
China Furious After Australia Bans Huawei From Mobile Network Project
Taking a page out of Trump’s playbook – and coming at a tumultuous time for the country, with PM Turnbull apparently on his way out and the local government in disarray – Australia banned Chinese…
Contrasting PLDT (PHI) & China Mobile (CHL)
PLDT (NYSE: CHL) and China Mobile (NYSE:CHL) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their profitabi… ( read original…
Huawei banned from 5G mobile infrastructure rollout in Australia
and is expected to usher in the “network of things”, facilitating mobile connections for driverless cars and smart appliances. Huawei has argued that with or without them being involved in the 5G roll… ( read…
Lazard Asset Management LLC Has Decreased China Mobile (CHL) Position by $11.14 Million
Lazard Asset Management Llc decreased its stake in China Mobile (CHL) by 1.18% based on its latest 2018Q1 regulatory filing with the SEC. Lazard Asset Management Llc sold 247,477 shares as the company … (…
Alibaba says it’s well-positioned in a US-China trade war
The U.S.-China trade war doesn’t seem to be hurting Alibaba’s bottom line for now. On Thursday, the e-commerce giant reported a strong quarter with revenue growth of 61%, sending the stock (BABA) up b… (…
The Finance 202: Trump escalates China trade fight, and it’s primed to get even nastier
The Trump administration is escalating its trade war with China today even as it restarts talks toward an armistice. Hopes remain low for negotiations that lower-level Trump officials kicked off Wedne… ( read original story…
