Despite its recent share price increase, in our view, no-moat China Unicom 00762 continues to be undervalued after reporting a strong 2022 result. 2022 services revenue was up 7.8%, while EBITDA …
Monthly Archives For March 2023
To Counter China, U.S. Shares Nuclear-Submarine Technology
In a press conference in San Diego Monday, President Joe Biden and his Australian and U.K. counterparts announced that the U.S. will sell nuclear-powered submarines to Australia and increase …
11 companies get IPO green light under new registration system
The initial public offering applications of 11 companies have been approved, according to the Shanghai Stock Exchange and Shenzhen Stock Exchange on Monday. The 11 enterprises, five to be listed on …
China’s Andon Health says it has full access to funds parked at collapsed lender SVB
China’s Andon Health, a maker of medical devices, says it has full access to funds parked at Silicon Valley Bank, after the US government intervened to backstop all the deposits at the failed lender.
China lifts sweeping visa curbs on foreigners
China will once again start issuing a range of visas to foreigners as of Wednesday, the country’s foreign ministry said, in a major easing of travel restrictions in place since the outbreak of the …
China is officially reopening to foreign tourists in a major easing of COVID-19 travel restrictions
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China to resume issuing all visa types for first time since 2020
China said it will start re-issuing all categories of visas to foreigners from Wednesday, dropping the final cross-border control measure it imposed three years ago to guard against the spread of …
China to resume issuing visas for foreigners starting March 15
Passengers wearing face masks following the coronavirus disease (COVID-19) outbreak walk at the Beijing Daxing International Airport ahead of Chinese National Day holiday, in Beijing, China September …
New sci-fi drama featuring metaverse staged in China’s Shenzhen
A new Chinese sci-fi drama featuring the metaverse and artificial intelligence (AI) has been staged recently in Shenzhen, an innovation hub in south China’s Guangdong Province. Set in the year of 2050 …
Taiwan says it hopes to bring back soldier who went to China
Taiwan’s defence minister said on Tuesday that the government is investigating the disappearance of a soldier serving on an offshore island who has been found in China, and vowed to bring him back.
U.S., allies partner on ‘submarine of the future’ in bid to counter China
The heads of the United States, United Kingdom and Australia announced an agreement Monday that would provide Australia with nuclear-powered submarines.
With China battling to stabilise its property market, talk of a recovery is premature
The easing of Covid-19 restrictions has undeniably boosted sentiment and sales. But for a government that must still deflate a bloated and overleveraged industry without crashing the market, just stabilising things is proving a challenge…
Experts: US bank collapse result of failure to adhere to core activities
The collapse of Silicon Valley Bank will not affect China’s banking industry but has highlighted the importance for banks of adhering to their primary business, serving the real economy, balancing …
