China Unicom (Hong Kong) Ltd. (0762.HK) on Friday reported a 79% rise in net profit for the first quarter. Continue Reading Below The Chinese mobile operator’s net profit for the period was 862 million yuan…
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China Mobile, others approached for buying into Singapore telco M1: sources
SINGAPORE Top shareholders in Singapore telecoms company M1 Ltd (MONE.SI) have approached potential buyers China Mobile (0941.HK) and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar…
China's banking regulator warns trust firms of rising danger: sources
BEIJING China’s banking regulator sees “severe risks” from funds flowing into the real estate, coal and steel industries through the trust industry, a major part of the shadow banking sector, two sources with knowledge of…
China Update – Why Is the Consensus Now So Optimistic?
But, as I have been arguing for years, China was not on the verge of a financial collapse and was never likely to collapse as long as regulators were credible and able to restructure liabilities…
China uncovers environment breaches
More than two thirds of the companies investigated by China in its latest campaign against pollution have violated environmental rules, a environment ministry official says. China launched a campaign earlier this month aimed at “normalising…
China and Switzerland Plan to Exchange Fintech Knowledge
Swiss Finance Minister Ueli Maurer has been touring China for the past week. On several stops along his trip, Maurer has given speeches and interviews detailing Switzerland’s hopes in strengthening financial ties with China and…
Ivanka Trump is a ‘goddess’ in China
IN AMERICA, she’s simply first daughter Ivanka Trump. But in China, President Trump’s second-oldest kid is fast becoming a cult figure — complete with an online fan club dedicated to “Goddess Ivanka.” “Most people in…
BRIEF-China Financial Leasing Group announces placing of new shares
* Placing agent,Supreme China Securities, and company entered into placing agreement * Placing agent agreed to place up to 148 million placing shares * Agreement at a placing price of HK$0.2 per share Source (bit.ly/2pGvdxd)…
China launches 1st unmanned cargo spacecraft
Chinese officials are now looking to internationalize their own program by offering to help finance other countries’ missions to Tiangong 2. Since China conducted its first crewed space mission in 2003, it has staged a…
BRIEF-China Success Finance says Guangdong Success Finance Guarantee entered into agreement
April 20 China Success Finance Group Holdings Ltd: * Guangdong success finance guarantee entered into new payment guarantee agreement with Foshan Nanhai Yingguan * Guangdong success finance to guarantee 10% of contract sum of new…
UN Turns To China For Ground-Breaking Digital Tool To Enable Green Finance
China’s Ant Financial is the same company that helped to pioneer ‘social scoring’ for the the government, a purely Technocrat-inspired program. Now, the UN will use the same firm to promote and enable Green Finance…
China Mobile reports 3.7 pct rise in Q1 profit, revenue
HONG KONG, April 20 China Mobile Ltd, the country’s largest telecoms network operator, said on Thursday its first-quarter profit was up by 3.7 percent due to demand for its 4G mobile broadband service. The company…
China's internet finance thrives as fraud fades
BEIJING — Wang Pengfei, vice president of a leading internet finance company, has seen the industry grow in China at a galloping pace, along with some shady practices. After working at a State-owned lender for…
