A 21-year-old woman from Dongguang, China lost her vision after playing the much popular “Kings of Glory” game on her smartphone for an entire day. The woman who goes by her pseudonym, Xiao Wu, felt…
TECHNOLOGY
Chinese Mobile Payment Market Clears $3.46 Trillion in Three Months
We all knew that mobile payments in China were rapidly gaining ground. The sheer amount of things that Alipay has done in that space was proof enough, and it almost seems like a big day…
Lucrative Stocks in today’s market: China Unicom (Hong Kong) Limited : CHU
With the amassed value of the company based on its existing stock price alongside the total amount of outstanding stocks, today’s market cap for China Unicom (Hong Kong) Limited is valued at 33.44B. The value…
China Steps Up Mobile Device Security as Mobile Payments Gain
China is rapidly becoming one of the biggest names in mobile payments worldwide, and with good reason: Chinese people are increasingly into this new technology as a way to pay those everyday expenses without carrying…
HSBC introduces facial recognition to its mobile banking app in China
HSBC has introduced facial recognition capabilities in its mobile banking application for customers in China. Using the biometric authentication option, HSBC’s Chinese customers can open their HSBC mobile app, blink at their camera using the…
Already huge in China, Tuputech pitches its AI that identifies porn and violence stateside
and China Unicom have moved away from employing human censors to deploying a technology from the young Guangzhou-based startup Tuputech. Launched just three years ago by one of the co-founders of China’s wildly successful WeChat…
Donald Trump is causing the US to fall behind China in tech, economist says
President Donald Trump’s economic policies are causing the U.S. to fall behind China in technology, one economist claims. Steen Jakobsen, chief economist at Saxo Bank, said Trump needs to focus on the next generation of…
Hong Kong-listed China shares hit two-year high, led by banks
Turning to some additional key metrics, the 14-day ADX for China Unicom [Hong Kong] Ltd (CHU) is 11.24. In general, a rising ADX line means that an existing trend is gaining strength. The ADX was…
China’s twenty-year dream of SOE reform still unfulfilled
Still, the current reforms continue to target parent firms — China Unicom has made headlines — hoping board members from the private sector will influence corporate governance, which will then translate into improved profits. An…
BRIEF-Interactive Entertainment China Cultural Technology expects increase in QTRLY Profit
* Expects to record substantial increase in unaudited consol profit attributable for qtrly * Increase in profit mainly attributable to fair value gains on financial assets Source text for Eikon: Further company coverage: Our Standards:The…
Xi Jinping tells Chinese defence firms to aim higher and catch up on weapons technology
“It’s impossible to win a battle if there is a weaponry gap.” China’s anti-ballistic missile technology is catching up to that of the United States, the documentary said, citing tests conducted by Senior Colonel Chen…
How China Is Catching Up To A U.S. Science & Tech Sector Uncertain Of Its Future
Nowhere will these cuts weigh more heavily than for Science and Technology (S&T), where U.S. dominance is already under sustained pressure from major investments by China in everything from artificial intelligence to precision medicine. China…
China eyes tighter smartphone security as mobile payment trend grows
Smartphone security in China will need beefing up as the country becomes world leader in mobile payments. Source: Shutterstock/REDPIXEL.PL TOGETHER with China’s rise as the global leader in mobile payments came the rise of cyber…