The communication services sector led losses in mainland shares, with China Unicom tumbling 5.5% and China Telecom declining 3.3%. The real estate sector drifted lower, unmoved by property tax breaks …
TECHNOLOGY
Indonesia chemical sector set for growth
With China becoming Indonesia’s reliable source of investment, the country’s chemical industry is witnessing a stronger growth path. That was the message conveyed by speakers and participants at a …
China Mobile Discusses Potential Deal for Internet Provider HKBN
China Mobile, the world’s largest wireless carrier by subscribers, is in talks on a potential acquisition of Hong Kong broadband provider HKBN Ltd. as it looks to expand its footprint in the city.
Chinese Industrial Products Exhibition marks a new milestone in China-UAE industrial cooperation
The second Chinese Industrial Products Exhibition (CIPE 2024) has kicked off at JOCIC Park, KEZAD. This event, a testament to four decades of China-UAE eco..
Stealth fighters and a massive mothership drone: The high-tech weapons China unveiled at its largest airshow
China showed off its rapidly advancing military technology by unveiling a string of cutting-edge hardware at the country’s largest airshow last week.
China’s tech giants hunt for US talent despite AI chip tensions
Tech companies with origins in China are on a hiring spree in the U.S., pulling talent straight out of Silicon Valley’s backyard. Alibaba, ByteDance, Meituan, and even smaller players are aggressively …
China, Hong Kong shares rebound on chip gains, strong earnings
China’s biggest chipmaker Semiconductor Manufacturing International Corporation jumped 2.8% from a two-week low, and peer Hua Hong Semiconductor rallied 3.5%. In Hong Kong, shares in Trip.com surged 5 …
China’s Chip Advances Stall as US Curbs Hit Huawei AI Product
Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.
Chinese Stocks Slide Amid Economic Uncertainty
Chinese stocks hit a two-week low, while Hong Kong shares stabilized as investors keenly awaited updates on economic stimulus from Beijing and U.S. trade policies. Despite losses in the communication …
China unveils plan to catch can of Martian rock samples in space and bring it back
China unveils plan to catch can of Martian rock samples in space and bring it back – Conventional orbital docking and transfer method may not work effectively on Mars due to its weaker gravity
China’s ‘White Emperor’ Jet Targets Space-Based Warfare
At the 2024 Zhuhai Airshow, China shared its vision of the future of aerial warfare – the “White Emperor” (Baidi). This sixth-generation fighter jet promises to blur the lines between air and space combat.
China Mobile Is Said to Explore Deal for Internet Provider HKBN
China Mobile, the world’s largest wireless carrier by subscribers, is exploring a potential deal for Hong Kong broadband provider HKBN Ltd. as it looks to expand its footprint in the city, people with knowledge of…
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the birth anniversary of Guru Nanak Jayanti, one of the most sacred festivals in Sikhism,
