China Mobile chairman Shang Bing (pictured) said the operator won’t be able to determine the expected capex for its future 5G infrastructure until 5G technologies and business models are more mature. Speaking during the company’s…
TECHNOLOGY
China warns Trump of trade war if he orders tech theft probe
BEIJING –A Chinese state newspaper warned Monday that President Trump “could trigger a trade war” if he goes ahead with plans to launch an investigation of whether China is stealing U.S. technology. In a commentary…
China stocks close higher on tech-fuelled rebound
China stocks added to early gains on Monday to end higher … a once-in-five-years Communist Party leadership reshuffle in the autumn. Display company BOE Technology Group Co Ltd gained 3.0 per cent, and was the…
Facebook introduces photo-sharing app in China
The launch of the app comes as China is cracking down on technology that allows web surfers to evade Beijing’s online censorship. (Representational image) Facebook anonymously launched a new photo-sharing app in China in a…
Trump to seek trade probe of China amid NKorea tensions
BEDMINSTER, N.J. (AP) — Even as he seeks Beijing’s help on North Korea, President Donald Trump is poised to seek a trade investigation of China for the alleged theft of American technology and intellectual property.…
Hong Kong stocks rebound as technology, energy sectors gain
The Hang Seng Index opened up 0.8 per cent at 27,091.77. The Hang Seng China Enterprises Index, known as the H-share index, also gained 0.8 per cent, to 10,600.18. Technology and energy shares were among…
China July factory output rises 6.4 pct, investment up 8.3 pct, both miss forecasts
China’s factory output grew 6.4 percent in July from a year earlier, while fixed-asset investment expanded 8.3 percent in the first seven months, both below economists’ forecasts. Analysts polled by Reuters had predicted factory output…
Facebook anonymously launched an app in China
The social media company’s connection to the app was first reported Friday by The New York Times, which said it was released in China through a separate local company called Youge Internet Technology. The launch…
China plans to develop sea launches to give impetus to space commerce
A file photo of China Aerospace Science and Technology Corporation (CASTC). The CASTC says sea launch platform can be built based on modifying 10,000-tonne freighters. China plans to provide sea launches for commercial payloads to…
China Unicom Shares Rally on Strong Profit Growth Forecast
Shares in China Unicom (762.HK) surged as much as 4.6% in Hong Kong trading Monday morning. That came after the state-owned telco put out a positive profit alert after the market’s close Friday evening. Unicom…
China Mobile Reports CNY62.7 Billion Net Profit For H1 2017
China Mobile published its semi-annual report for the first half of 2017, stating that the company realized operating revenue of CNY388.9 billion, a year-on-year increase of 5%; and its net profit was CNY62.7 billion, a…
China SOEs Need More Red Packets
Investors should watch for Chinese state-owned enterprises bearing red envelopes this earnings season. Shares of China Mobile Ltd. bucked the broader market trend Friday to rise as much as 1.7 percent after the telecom operator…
China Unicom reports huge profit rise on business transformation
BEIJING, Aug. 13 (Xinhua) — China Unicom, one of the country’s three state-owned telecommunications carriers, reported a surge in first-half profits due to its efforts in business transformation. In a brief statement to the Shanghai…
