China Unicom (Hong Kong) Ltd. (0762.HK) on Friday reported a 79% rise in net profit for the first quarter. Continue Reading Below The Chinese mobile operator’s net profit for the period was 862 million yuan…
TECHNOLOGY
China Mobile, others approached for buying into Singapore telco M1: sources
SINGAPORE Top shareholders in Singapore telecoms company M1 Ltd (MONE.SI) have approached potential buyers China Mobile (0941.HK) and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar…
China Mobile reports 3.7 pct rise in Q1 profit, revenue
HONG KONG, April 20 China Mobile Ltd, the country’s largest telecoms network operator, said on Thursday its first-quarter profit was up by 3.7 percent due to demand for its 4G mobile broadband service. The company…
China launches 1st cargo spacecraft destined for its space station
China on Thursday launched its first unmanned cargo spacecraft on a mission to dock with the country’s space station, marking further progress in the ambitious Chinese space program. The Tianzhou 1 blasted off at 7:41…
China Mobile : First-Quarter Net Profit Up 3.7% at CNY24.8 Billion
China Mobile Ltd. (0941.HK) said late Thursday its first-quarter net profit rose 3.7% from year earlier, partly buoyed by higher revenue from its telecommunications services with increased number of customers. The Chinese major wireless carrier…
Data fuels China Mobile revenue to grow 3.7% in Q1 2017
Telecom operator China Mobile, which has 568 million 4G subscribers, has released its revenue performance for the first quarter of 2017. China Mobile posted operating revenue of RMB184 billion (+3.7 percent), telecom service revenue of…
Analysts Set China Unicom (Hong Kong) Limited (CHU) Target Price at $13.75
Shares of China Unicom (Hong Kong) Limited (NYSE:CHU) have received an average rating of “Hold” from the nine brokerages that are covering the stock. One research analyst has rated the stock with a sell recommendation,…
Canadian companies need to upgrade technology to compete in China, says new HSBC commissioned report
VANCOUVER, April 20 2017 /CNW/ – Canadian manufacturing industries doing business in China will need to make technological upgrading a priority if they are to keep pace with Chinese and foreign companies which are rapidly…
Baidu to share self-drive car technology
He said this could mean that Baidu’s technology will be used in millions of cars on China’s roads by 2020. However, bigger international carmakers who are already working on autonomous vehicles are unlikely to follow…
China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016
In 2016, China Mobile realized operating revenue of CNY708.4 billion, a year-on-year increase of 6%. Its earnings before interest, taxes, depreciation and amortization were CNY256.7 billion, a year-on-year increase of 6.9%; and its net profit…
China urges Canada to relax curbs on high-tech exports: Xinhua
Trudeau wants to boost trade with China as a way of lessening dependence on exports … Trudeau’s Liberals allowed Hong Kong-based O-Net Technologies Group Ltd to buy a Canadian technology company, reversing a 2015 decision…
China's ZTE appoints U.S. head Cheng as new mobile business chief
HONG KONG (Reuters) – China’s ZTE Corp has picked the head of its U.S. business to lead its mobile phone business globally, the latest management appointment after it settled a U.S. government probe and agreed…
Ex-China Unicom chairman Chang Xiaobing admits corruption
Chang Xiaobing, (pictured), former chairman of state-owned China Telecom, who went on trial today charged with taking bribes admitted his crimes, Xinhua reported. He will be sentenced at a later date. Prosecutors accused Chang of…
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