August 2021 – Hong Kong’s leading 5G network provider China Mobile Hong Kong (CMHK) has been recognised as Hong Kong’s Fastest 5G Network Award – First Half of 2021* by Ookla® the company …
Monthly Archives For August 2021
China tech rally fizzles after report on tighter IPO listing rules
Chinese technology shares dipped in the afternoon following a report by Dow Jones that China will propose new regulations to block companies with large …
China’s Bank of Communications posts 15per cent rise in H1 profit
China’s Bank of Communications Co Ltd, the country’s sixth-largest lender by assets, reported on Friday a 15.1per cent increase in first-half net profit as the economy recovered from the COVID-19 …
China’s Bank of Communications Posts 15% Rise in H1 Profit
China’s Bank of Communications Co Ltd, the country’s sixth-largest lender by assets, reported on Friday a 15.1% increase in first-half net profit as the economy recovered from the COVID-19 pandemic.
China’s top bank ICBC posts 9.9per cent rise in H1 profit
SHANGHAI/BEIJING : Industrial and Commercial Bank of China (ICBC), the world’s largest commercial lender by assets, said its net profit rose 9.87per cent in the first half of 2021. ICBC’s profit for …
Onion Global Launches ZIPLAB ‘New Retail’ Showroom to Build Closed-loop Ecosystem for Brands
Onion Global Limited (“Onion Global”, the “Group” or the “Company”) (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets and distributes the world’s fresh, fashionable and …
5 Reasons ‘New Luxury’ Is the ‘New Normal’ in China
Starbucks isn’t strictly a luxury brand, but it holds a position as ‘New Luxury’ in China, where consumers are searching for prestige and self-identity.
China to clamp down on tech firms’ overseas IPOs: Report
Officials from the China Securities Regulatory Commission said that even Chinese firms in less sensitive sectors would need regulatory approval to list abroad.
Current COVID-19 outbreak in China controlled: health official
The latest COVID-19 outbreak in China has been controlled, a health official said Friday. The number of locally-transmitted cases has been declining for 11 consecutive days across the country, Mi Feng …
Beijing named demonstration city for hydrogen FCVs
Beijing was picked as one of the first batch of demonstration cities for hydrogen fuel cell vehicles (FCVs) in China. The city has developed a financial support system for FCVs and planned to provide …
Pushing the Limits Paid Off for Didi, Until China Cracked Down
The ride-hailing giant learned to thrive in legal gray areas while Beijing mostly looked the other way. Now the government is paying attention.
China’s Covid-19 vaccination drive is about to exceed the 2 billion mark. But the public is increasingly frustrated by coercive measures
China is on course to administer more than 2 billion coronavirus vaccine doses by Friday, after authorities ramped up the country’s inoculation drive — at times triggering backlash through the use of …
Why Covid-19 didn’t hurt tech brands’ appetite for Asian investment
Companies have reason to be sceptical about investment in Asia in general and in China in particular. In China, Beijing is tightening its grip on its thriving tech industry, forcing companies like …
