CNBC’s Seema Mody reports on how Chinese technology stocks are taking a hit as Senate passes a bill regulating the U.S. firms. ( read original story …)
TECHNOLOGY
China Market Update: NetEase Rides China’s Quarantine Gaming Binge
Mainland China saw profit-taking after yesterday’s strong performance. As expected, China’s Loan Prime Rate was left unchanged at 1-year 3.85% and 5-year 4.65%. Unlike in Hong Kong, growth stocks were … ( read original story…
China 5G subscriber numbers exceed 65M
China Mobile and China Telecom picked up more than 17 million 5G subscribers in April, taking their combined tally to 65.45 million six months after introducing the new service. Market leader China … ( read…
Ericsson extends 5G reach with China Telecom, China Unicom
Leading Chinese operators tap Swedish comms tech giant for 5G core portfolio systems, including cloud packet, NFVI, dynamic orchestration and spectrum sharing. ( read original story …)
China Mobile to make a splash in VR
China Mobile has made a strong push into the virtual reality sector, with a string of measures to support development of VR content and VR hardware. At the Fifth Global Virtual Reality Conference … (…
Why Apple is unlikely to face backlash from China over new U.S. rule on Huawei
The iPhone maker has a good relationship with Beijing and indirectly employs hundreds of thousands of workers in China, factors that could dissuade authorities from taking action against the company. ( read original story …)
iQSTEL, Inc. Secures China Mobile Network Interconnection Partnership Through QGlobal SMS
New York, NY – ( NewMediaWire ) – May 19, 2020 – iQSTEL Inc. (OTC: IQST) is pleased to announce QGlobal SMS has secured a partnership deal with China Mobile (a NYSE traded company ……
China Market Update: Alibaba’s Hong Kong Listing to be Included In Hang Seng Index
Large EM benchmark weight and widely-held Taiwan Semiconductor (2330 TT) fell -2.68% on the news while South Korea’s Samsung +1.99% as the latest US noose-tightening hurts Huawei’s mobile phone … ( read original story …)
China Mobile and Facebook in joint project to build 2Africa submarine cable
Facebook has announced that it has joined a venture to build the largest submarine cable by capacity around Africa. The 2Africa project is part of a joint enterprise by China Mobile International, … ( read…
Is China Mobile (CHL) Stock Undervalued Right Now?
CHL is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 9.92 right now. For comparison, its industry sports an…
China’s commercial satellite sector sees boost from ‘new infrastructure’ policy
China’s commercial satellite sector is expecting to see a boost after satellite internet was added to a list of “new infrastructures” to receive government support. ( read original story …)
China Reportedly Eying Pacific’s Largest Mobile Carrier
The strategic competition between China and Australia in the South Pacific looks likely to intensify with a potential attempt by China to gain a major share of the region’s telecommunications market. ( read original story…
Digicel denies talk of Pacific unit sale to China Mobile
We can categorically state that there is no basis to this whatsoever and that no approach has been made to us,” a spokesman for Digicel said, responding to a report in the Australian Financial Review…
