Shares of Ma Huateng’s internet gaming giant rose 14% so far this year to the highest in two years, thanks to strong demand for its mobile games during coronavirus lockdowns. ( read original story …)
TECHNOLOGY
Digicel Group denies report of Pacific unit sale to China Mobile
Jamaica-based mobile phone carrier Digicel Group denied an Australian newspaper report on Thursday and said there is “no basis whatsoever” that it would sell its Pacific unit to state-owned China … ( read original story…
Report: China preps for space warfare
China’s space warfare capabilities, including anti-satellite missiles and directed-energy weapons, pose growing threats to U.S. national security, according to a think tank report made public … ( read original story …)
China Inc. Is Unloved Abroad, Unwanted at Home
U.S.-listed mainland companies are facing an increasingly unfriendly climate in New York. Shanghai isn’t looking any better. ( read original story …)
Global funds invest more in China as coronavirus spreads to the rest of the world
“We’re finding that a lot of foreign managers globally (are) reshuffling their holdings in this turmoil,” Todd Willits, head of EPFR, said in a phone interview. “Allocations to China are something … ( read original…
China Market Update: Tencent Earnings Beat Estimates, MSCI To Increase China Weight In EM Index By 1%
Hong Kong volume leader Tencent (700 HK) eased -0.32% ahead of its earnings release while Meituan Dianping jumped +5.45% on news that MSCI would increase its index weight. ( read original story …)
Concern as China targets Pacific mobile networks
China Mobile is negotiating to buy the Pacific operations of Digicel, the heavily indebted carrier owned by Irish billionaire Dennis O’Brien. ( read original story …)
ZTE targets China Broadcasting Network with 4.9 GHz boast
Boasting about validation of the industry’s first 5G carrier aggregation on 700 MHz and 4.9 GHz might not be the biggest humblebrag but remember who has access to this spectrum. ( read original story …)
Early humans in China innovated technology to adapt to climate change one million years ago
To assess the degree to which early stone tool using hominins modified their tool manufacturing behaviours in Eastern Asia, Shixia Yang and colleagues examined three well-known archaeological sites … ( read original story …)
COSCO SHIPPING, Dongfeng Corporation and China Mobile Jointly Release Construction Results for Model Project of 5G Smart Ports
China Mobile Communications Group Co., Ltd. (“China Mobile”) and Dongfeng Motor Corporation (“Dongfeng Corporation”) jointly held the “5G+ Driverless-enabled Smart Ports” Online Conference in six … ( read original story …)
China’s Tencent Reaps Revenue of Lockdown Gaming Boom
High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings’ first-quarter revenue and profits, with blockbuster games PlayerUnknown’s Battlegrounds Mobile and Honor of Kings helping … ( read original story …)
Why China’s Technology Theft Poses a Bigger Challenge Than That of the Soviet Union
In the context of ongoing discussions of Chinese technology theft, it’s worth revisiting how the Soviet Union sought to acquire U.S. technology during the Cold War. A CIA report on the acquisition … ( read…
How Good Is Hi Sun Technology (China) Limited (HKG:818) At Creating Shareholder Value?
Today we’ll evaluate Hi Sun Technology (China) Limited (HKG:818) to determine whether it could have potential as … ( read original story …)