The stock of China Unicom (CHU) shows a multiple bottoms pattern with $11.09 target or 9.00 % below today’s $12.19 share price. The 5 months chart pattern indicates high risk for the $36.94B company. ……
TECHNOLOGY
China’s Challenge Is America’s Opportunity
… trade spring partly from concerns that China gives tax breaks to its companies to boost their exports, restricts access to its markets, forces foreign companies to transfer their technology to Chi… ( read original…
World’s biggest IPO in 2 years shows China’s 5G ambitions
The state-owned firm is central to China’s ambitions to become a global leader in 5G technology, which will eventually be used to run self-driving cars, virtual reality and smart cities. China Tower i… ( read…
China mobile tower owner debuts in HK market after $6.9B IPO
HONG KONG — Shares in the state-owned monopoly that operates China’s vast network of mobile phone towers are flat as the company makes its stock market debut in Hong Kong after raising $6.9 billion fr……
China is building a big advantage in the race for 5G
… Trump blocked Broadcom’s $117 billion bid for Qualcomm after US officials raised concerns that it would give China an edge on 5G technology. US wireless providers like Verizon (VZ) and AT&T (T), C… (…
New US slap against China: Tighter curbs on tech investment
WASHINGTON — Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge areas as rob……
China trade war could raise prices on tech products, internet
Trump has also threatened to impose tariffs on $500 billion worth of Chinese items — roughly equal to everything China exports to the U.S. each year. That could affect major technology products such a… (…
Guggenheim Capital LLC Has $2.32 Million Stake in China Mobile Ltd. (CHL)
Guggenheim Capital LLC boosted its holdings in China Mobile Ltd. (NYSE:CHL) by 22.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commi… ( read original…
China has outspent the US by $24 billion in 5G technology since 2015, study shows
China has built 350,000 new cell sites, while the U.S. has built fewer than 30,000 since 2015, according to Deloitte. “China and other countries may be creating a 5G tsunami, making it near impossible ……
A Generation Grows Up in China Without Google, Facebook or Twitter
He once heard of Facebook, though. It is “maybe like Baidu?” he asked one recent afternoon, referring to China’s dominant search engine. A generation of Chinese is coming of age with an internet that ……
China Unicom, AliCloud Establish $51.4M Venture to Build Government Cloud Services
China Unicom entered into a joint venture with Alibaba Cloud (AliCloud) to provide application software services to government agencies and dip its toes into cloud business opportunities. The venture … ( read original story …)
Why American credit card companies can’t break into China
Meanwhile, state-controlled China UnionPay has solidified its hold on the bank card industry. And mobile payments have skyrocketed, dominated by services from rival powerhouses Tencent and Alibaba. “V… ( read original story …)
Google, Seeking a Return to China, Is Said to Be Building a Censored Search Engine
“We provide a number of mobile apps in China, such as Google Translate and Files Go, help Chinese developers, and have made significant investments in Chinese companies like JD.com,” said Taj Meadows, … ( read…
