HONG KONG State-owned China Unicom Hong Kong Ltd (0762.HK) said on Friday first-quarter profit surged 79 percent as it focused on its 4G mobile broadband service, while its fixed-line segment maintained steady growth. China Unicom’s…
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Imitation Game: China carmakers ape foreign brands at Shanghai show
If imitation is the sincerest form of flattery, then global carmakers are basking in the compliments at Shanghai’s auto show, where some Chinese-made models bear striking resemblances to famous foreign brands. The annual exhibition is…
China Unicom's Q1 profit jumps 79%
China Unicom reported service revenue of CNY 61.4 billion for the first quarter of 2017, which represents an increase of 2.4 percent year-on-year and 6.6 percent quarter-on-quarter. Mobile service revenue amounted to CNY 37.1 billion,…
China Unicom First-Quarter Net Profit Up 79% to CNY862 Million
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…
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…
