Morgan Stanley raised its stake in shares of China Mobile (Hong Kong) Ltd. (NYSE:CHL) by 9.4% during the third quarter, Holdings Channel reports. The institutional investor owned 672,628 shares of the company’s stock after buying…
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China Mobile Can Dial Up 25% Upside
China Mobile shareholders have had to dial back expectations. The shares (ticker: 941.HK) are little changed over the past five years. China’s smartphone market looks saturated. Earnings for China Mobile have declined for four years…
Ericsson, China Mobile Trial Cellular IoT on Live Network for Bike-Sharing Service
Ericsson, China Mobile Group Shanghai Company and Mobike – the popular bike-sharing service – have recently joined forces to trial the latest cellular Internet of Things (IoT) technologies on a live network. The successful trial…
The Hong Kong Of The Future: Merging Finance, Electronics And Healthtech
Competition from Shenzhen Hong Kong is generally seen as a place for finance, and Hong Kong’s fintech sector keeps growing despite some uncertainty due to regulations from Beijing. Yet, it is also facing increasing competition…
Sydney chamber of commerce plans trip to China to strengthen business ties
The Sydney and Area Chamber of Commerce is organizing an 11-day trip to China this October that it hopes will strengthen business ties with the region. CEO Adrian White, who went on a similar trip…
Can we send our softwood to China if U.S. hardens its stand?
Also read: Off the beaten path in China: great for travellers, a headache for business “Maintaining secure access to the U.S. market is really important to our sector while we continue to explore other opportunities,”…
The key question for every Wall Street CEO on China: 'Who has gotten paid?'
That’s the key question when it comes to Wall Street firms trying to make headway in China, according to Terry Duffy, the CEO of exchange giant CME Group. Business Insider caught up with Duffy earlier…
China's property market to see slower growth in 2017: Moody's
Beijing: China’s overheated property market is likely to show a slower pace of sales growth this year due to tightened regulations, a top credit ratings agency has said. “We expect nationwide contracted sales in 2017…
Mainland Chinese firms expand property footprint in Hong Kong, set to fuel price rises
Thomas Lam, senior director at property consultancy Knight Frank, said the arrival of any new players from mainland China would make it even harder for mid- and small-sized local property developers to acquire new land.…
China's property market to see slower sales growth in 2017: Moody's
BEIJING, Jan. 27 (Xinhua) — Moody’s Investors Service expects China’s property market to show a slower pace of sales growth in 2017 following tightened regulations to ease an overheated market. “We expect nationwide contracted sales…
Alibaba's Ant Financial buys MoneyGram for $880m
Ant Financial has a big market share in the online payments industry in China. The acquisition could help the company extend the lead as well as expand overseas, as competition is growing in China with…
Luxury brands clock up China growth
High-end spending is back on the agenda in China, as consumers there “reshored” the luxury purchases they previously made on overseas trips. Foot traffic rose in opulent Shanghai malls, Swiss watch sales shot up and…
Hilarious Brand Counterfeits Travelers Spotted In China
There are a lot of counterfeit goods all over the world but no one does it better than China. China is no doubt one of the best tourist destinations in the world with its rich…
