Two of China’s biggest banks, Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., are testing their regulator’s tolerance by protecting profits at the expense of bad-loan buffers. ICBC and Construction Bank…
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China’s Crown Probe Seen as Warning Shot to Foreign Firms
China’s surprise detention of 18 employees from Australian casino operator Crown Resorts Ltd. is reverberating from Macau to Las Vegas and beyond, with gambling concerns—and some business consultants in general—advising foreign executives to steer ……
Will Alipay Dominate Global Mobile Payments?
PayPal is playing catch-up in mobile transactions. Their positions, however, may soon be challenged by Alipay, China’s largest mobile payment service provider with 450 million users. Alipay, originally created by Alibaba, and now a part…
Important Rating: Does China Unicom (NYSE:CHU) Look Bad? Deutsche Bank Downgrades It
In a a note revealed on Monday morning, equity analysts at Deutsche Bank’s research division lowered China Unicom (NYSE:CHU)‘s stock rating from aBuy to Hold. Out of 7 analysts covering China Unicom (NYSE:CHU), 6 rate…
Rating To Observe: Is China Unicom (NYSE:CHU) a Sell? Deutsche Bank Downgrades It
China Unicom (NYSE:CHU) was decreased by Deutsche Bank from a Buy rating to a Hold rating in a an analyst report revealed on Monday, 24 October. Out of 7 analysts covering China Unicom (NYSE:CHU), 6…
Unicom Hopes on Hold
China Unicom shows the strategy is far from a sure bet. The weakest of the nation’s three mobile-phone operators disclosed on Oct. 10 that it was a candidate for “mixed-ownership” reform, under which private capital…
China Unicom nine-month net profit plunges 81 percent
HONG KONG China Unicom Hong Kong Ltd (0762.HK), the country’s second largest telecom operator, posted a 80.6 percent fall in net profit in the first nine months partly due to high marketing expenses as it…
China Unicom, Baicells develop MEC VR solutions for 5G
China Unicom and Baicells announce Mobile Edge Computing (MEC) Virtual Reality (VR) Solutions for 5G on Artesyn MaxCore Platform Artesyn Embedded Technologies will offer its MaxCore platform to China Unicom Network Technology Research Institute and…
China Unicom promises deeper reforms after sharp fall in profits
China Unicom, the country’s second-largest wireless network operator, plans to deepen reforms in its operations after reporting a widely anticipated sharp profit decline for the nine months to September 30. In a filing with the…
China Unicom: All We Have Is Hope, Deutsche Downgrades
China Unicom (762.Hong Kong/CHU) is a divisive stock. On the one hand, China Unicom’s operating metrics is dismal. China Unicom issued a profit warning last week saying its net profit in the first nine months…
China Unicom (Hong Kong) Limited (NYSE:CHU) from Wireless Communications – Todays Top Gains
Outlined as the total market value of all unsettled shares of the company, the current market cap for the China Unicom (Hong Kong) Limited (NYSE:CHU) Wireless Communications is valued at 28555.66. The dominant statistics will…
China Value: Is China Mobile Ltd. A Value Buy?
China Mobile Ltd turns around it’s 2016 earnings with an increase in profit ahead of quarterly advise. India’s government courts Chinese manufacturers ahead of a big mobile phone drive with local manufacturing. China Mobile partners…
Rating Report: China Mobile Ltd (NYSE:CHL) Gets Lower Rating From Bernstein. What Is The Stock Target?
Out of 3 analysts covering China Mobile (NYSE:CHL), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $76.13 is the highest target while $76.13 is the lowest. The $76.13…
