Augustine Asset Management Inc increased China Mobile Ltd (Chl) (CHL) stake by 146.7% reported in 2018Q1 SEC filing. Augustine Asset Management Inc acquired 12,525 shares as China Mobile Ltd (Chl) (CH… ( read original story…
TECHNOLOGY
China online video restrictions wipe $20 billion off Tencent’s market value
It estimated Tencent accounted for 42 percent of China’s mobile game market share in 2017. Tencent’s decline tracked a 7 percent fall in shares of China-based Netease and a 6 percent slide in … (…
Government broadband initiatives to drive China’s telecom and pay-TV market to 2023, says globaldata
Deepa Dhingra, Telecom Analyst at GlobalData, says: “4G will be the most adopted wireless network technology through the forecast period with its share of total mobile subscriptions set to reach 86.1% … ( read original…
Tencent loses $20 billion in value after China attacks myopia with gaming curbs
It estimated Tencent accounted for 42 percent of China’s mobile game market share in 2017. Founded in 1998, Tencent’s main business is video games but the company also runs China’s dominant … ( read original…
China to conduct nationwide inspection on ride-hailing companies
HONG KONG (Reuters) – China will conduct comprehensive inspections on all ride-hailing service companies, the transportation ministry said on Friday, after a driver from the dominant ride-hailing … ( read original story …)
China Mobile to be given special task in 5G deployment
China is leading the race to deploy 5G, the next generation of mobile technology, with the government planning to launch a trial service by the end of this year. Market watchers expect Beijing to anno……
China Mobile (CHL) vs. PLDT (PHI) Head to Head Review
China Mobile has higher revenue and earnings than PLDT. PLDT is trading at a lower price-to-earnings ratio than China Mobile, indicating that it is currently the more affordable of the two stocks. Ins… ( read…
Customers Died. Will That Be a Wake-up Call for China’s Tech Scene?
“Truly disgusting, despicable marketing for Didi Hitch that’s all sexual innuendo and all about ‘picking up’ girls,” said Rui Ma, a technology investor who works in both Silicon Valley and China, on T… ( read…
China’s smaller city net users are mobile junkies and prefer short video content over movies and chatting
China’s internet users in smaller cities, representing more than half of total netizens in the world’s most-populous nation, remain heavily attached to their mobile phones and are spending an increasi… ( read original story …)
Mobile Payments in China: Why Foreign Businesses in China Should Adopt a Strategy
Every country in the world has its own way of doing things, ranging from the type of food they eat to how they socialize with their friends to how they pay for things. The way…
Cash has done its dash as China gets mobile
China’s headlong rush into e-commerce, particularly mobile commerce, is now providing insights into the future of business in the west. Mobile payments have become so widespread in China, particularly … ( read original story …)
Alibaba Invested 1 Billion in Mobile Gaming Distribution
The association also aims at bridging the mobile games distribution between China and Russia, Europe, Japan, Middle East and the US, and provides upgraded gaming experience to local users. With this n… ( read original…
Top Japanese official: China tech success aided by totalitarianism
A high ranking Japanese government official credited China’s rapid ascent in the technology sector to its totalitarian nature that lets it disregard consumer welfare considerations like privacy. ADVER… ( read original story …)
