Chang Xiaobing, sentenced to six years of prison this year for graft, kept a storeroom in his office filled with expensive liquor and valuable paintings during his time as chairman of state-owned China Unicom. Details…
Posts By admin
Alibaba and Tencent among investors in China Unicom
China’s biggest technology companies, including Alibaba, Tencent and Baidu, are investing $11.7bn in China Unicom, the country’s second-largest wireless telecom, as they seek to revitalise the state-owned group with private capital. Ten private and ……
Somewhat Positive Press Coverage Somewhat Unlikely to Affect China Unicom (Hong Kong) (CHU) Stock Price
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: News articles about China Unicom (Hong Kong) (NYSE:CHU) have been trending somewhat…
INSIGHT-Trust issues? China targets a $3 trillion shadow banking industry
Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying regulators. The trusts, at the heart of a vast shadow banking industry, are being pressured to step up compliance and…
China central bank issues notice on implementing U.N. resolutions
BEIJING (Reuters) – China’s central bank issued a statement on Monday on the implementation of U.N. Security council resolutions without specifying which resolutions or the affected parties. The People’s Bank of China said that Chinese…
China targets a $3 trillion shadow banking industry
S H A N G H A I • As a flood of unregulated cash swirls through the Chinese economy, Beijing has been taking aim at the trust companies whose unrestrained lending practices are worrying…
China eyes petrol car ban, boosting electric vehicles
Shanghai (AFP) – China is gearing up to ban petrol and diesel cars, a move that would boost electric vehicles and shake up the world’s biggest car market in a country that is plagued by…
China central bank relaxes yuan hedging rules as currency strengthens, capital outflows ease
BEIJING (Reuters) – China’s central bank on Monday took steps to lower the cost of hedging the yuan as capital outflows ease and the currency strengthens, suggesting authorities are anxious to quash one way bets…
China studying timetable to end production and sales of ‘traditional energy vehicles’
BEIJING — China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China’s industry ministry is developing a timetable to end production and sale of traditional fuel cars…
Toronto Documentary ‘China Hustle’ Probes Financial Misdeeds, Swipes at Alibaba
“The China Hustle,” a feature documentary that premiered at the Toronto Intl. Film Festival on Friday, suggests that e-commerce and entertainment giant Alibaba is ripe for investigation alongside smaller Chinese companies accused of deceiving investors…
China steps up building science and tech power
China has made a series of achievements in science and technology over the past month as the country quickens its pace in becoming a leading science and tech power by the middle of the century.…
China poses threat to global financial stability: QNB
Weighed by its mounting debt, China is posing one of the biggest risks to global financial stability. Though it seems there is no imminent crisis, the threat of a financial crisis from China would be…
China studying when to ban sales of traditional fuel cars: Xinhua
BEIJING (Reuters) – China has begun studying when to ban the production and sale of cars using traditional fuels, the official Xinhua news agency reported, citing comments by the vice industry minister, who predicted “turbulent…
