Investors buying the dip in growth stocks and speculation of a cut to banks’ reserve requirement ratio (RRR), which would free up cash for lending, led to a rally in Hong Kong and Mainland Chinese…
TECHNOLOGY
Forecast: Robust rise in China multi-play service revenue
The total multi-play service revenue in China is expected to grow at a robust compound annual growth rate (CAGR) of 12.5 per cent between 2020-2025 and is forec … ( read original story …)
China outlines push to develop domestic engine for C919 jet in five-year plan
China will push forward with the development of CJ1000, a turbofan jet engine designed to power the homemade C919 narrowbody aircraft, the government said on Friday in its development plan for the … ( read…
Huawei, China Mobile Guangdong test 5G indoor distributed Massive MIMO
Huawei and China Mobile Guangdong have completed a pilot of 5G indoor distributed Massive MIMO. This pilot was completed in the 2.6 GHz inter-frequency networking (80 MHz + 80 MHz) in Huawei’s … ( read…
Hong Kong stocks slip as China banking chief warns of asset bubbles, old-economy companies suffer on index revamp plan
Hong Kong stocks dropped, erasing earlier gains as China’s financial markets regulator expressed concerns about asset bubbles and old-economy stocks declined on concern an overhaul of the benchmark … ( read original story …)
“5G+ industry” continues to advance, WIMI Hologram Cloud and China Mobile jointly welcome the 5G vision
Ten years ago, in Microsoft’s experiment, Microsoft founder Bill Gates showed the world the life of the future: TV has long become the “past tense”, and the entire wall is the screen. In the early…
The Technology 202: Bipartisan bill would fund tech partnerships with allies to counter China
It would create a new interagency office focused on helping the U.S. and other democracies maintain their tech edge. ( read original story …)
Pew survey shows hardening American attitudes toward China
New polling from the Pew Research Center shows strong negative attitudes among Americans toward China, with almost nine out of 10 adults seeing the country as a competitor or enemy, rather than a part ……
Antony Blinken says China poses 21st century’s greatest geopolitical challenge
Address by US secretary of state urges ‘standing up for our values when human rights are abused in Xinjiang or democracy is trampled in Hong Kong’. ( read original story …)
Buy The Dip & Bank RRR Cut Speculation Lead To Spectacular Day For China Equities
Asian equities had a strong day as China, Hong Kong, India, and Thailand all outperformed. By far the most important catalyst for Mainland China and Hong Kong overnight was a report that banks’ … (…
Wall Street is kicking out yet another big Chinese company
A major Chinese oil company that has traded on Wall Street for decades has become the latest casualty of tensions between Washington and Beijing. ( read original story …)
China starts construction of national technology innovation hub
China’s Ministry of Science and Technology (MOST) has kicked off the construction of the national technology innovation hub and issued a regulation pertaining to the construction. The innovation hub … ( read original story …)
‘Two sessions’ 2021: can China create ecosystem for tech talent to innovate?
Details in its five-year plan may reveal its intentions on research funding and the business environment for tech firms. ( read original story …)
