Chinese tech stocks erased earlier gains on Tuesday as worries over rising interest rates and Covid-19 lockdowns outweighed optimism from Beijing’s approval of new video game licenses.Most Read from …
TECHNOLOGY
China Tech Stocks Advance as New Game Licenses Stir Optimism
Chinese technology stocks rose on Tuesday as Beijing’s approval of new video game licenses fueled bets that the country’s crackdown on the sector may have peaked. Companies that obtained new licenses …
Tencent soars after China ends 8-month gaming freeze
Tencent Holdings surged more than 5 per cent, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first batch of new titles in more than eight months. . Read…
Revenue of China’s software industry posts double-digit growth
China’s software industry reported robust growth in the first two months of the year, with its revenue posting double-digit growth, data from the Ministry of …
China’s military is watching closely to see how US-made ‘tank-killer’ drones perform in Ukraine
China has several drones comparable to the Switchblade 600 drones that the US is reportedly providing to Ukrainian forces.
China Mobile orders 68,400 units of Vivo X Fold and Vivo X Note smartphones
Vivo is all set to launch its highly anticipated Vivo X Fold and Vivo X Note smartphones in a couple of hours in its home market China. Ahead of the official launch, China Mobile has…
Chinese telecom industry logs a 9% jump in Jan-Feb
The combined industrial revenue of China’s telecommunications sector rose 9% year-on-year to 258.6 billion yuan ($40.72 billion), a pace 3.2 percentage points faster than the same period last year, …
H.K. Billionaire Rebounds From Blunders With Win From Goto IPO
In 2005, he sold 20% of it to a state-owned firm now part of the China Unicom Group to cut down on debt after borrowing $12 billion to fund PCCW’s purchase of Hong Kong’s then…
Satellite Images Show China Readying Hundreds of Nuclear Missile Launch Sites; US Warned Over Taiwan
Beijing accelerated the work on nuclear missile launch facilities at a site in Gansu province; the Communist regime has been expanding its nuclear weaponry for months.
China’s CATL enacts ‘closed loop management’ at factory to fight COVID
Chinese battery giant Contemporary Amperex Technology has implemented a so-called “closed-loop management” system at its main factory to keep production going as the country battles an Omicron wave of …
Shanghai Covid crisis puts China tech on eggshells
Officials in Shanghai have called on Meituan and other food delivery apps to help feed the city’s 26 million residents under strict Covid-19 lockdowns. It’s a chance for the companies to win political …
Shanghai lockdown: ‘China put’ in play as foreign funds buy Moutai, China Tourism stocks amid calls for rate cuts, fiscal boost
Foreign funds are banking on ‘China put’ or official backstop by scooping up Chinese stocks just as lockdowns in Shanghai and other cities turn messy.
China science, technology news summary — April 10
The following is a summary of published science and technology news of China LITHIUM-ION BATTERY China lithium-ion battery output …
