SG Americas Securities LLC decreased its position in shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) by 13.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The…
TECHNOLOGY
China’s telecom operators to scrap domestic roaming, long-distance call fees
Starting from Sept. 1, China Mobile, China Telecommunications and China Unicom will scrap charges for domestic roaming and long-distance calls across the country. Mobile users used to be charged about 0.6 yuan (9 U.S. cents)…
Putin bans VPN use in Russia
The Chinese government earlier this month ordered state-owned internet service providers, including China Mobile, China Unicom, and China Telecom, to completely block access to VPNs by February 2018. It followed a 14-month campaign the Chinese…
Apple removes VPN apps in China to adhere to new rules
China appears to have succeeded in eliminating software programs that enable its people to view an uncensored internet. Companies that let people avoid the government filters said Saturday that their programs have been removed from…
Deltec Asset Management Increases Stake in China Mobile (Hong Kong) (CHL)
Zacks Investment Research upgraded shares of China Unicom (Hong Kong) Ltd (NYSE:CHU) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning. Morgan Stanley cut China Unicom…
Apple Removes Apps From China Store That Help Internet Users Evade Censorship
The removals signal a new push by China to control the internet. In the past, the Great Firewall has used technology to disrupt VPNs, and Beijing has shut down Chinese VPNs and even aimed a…
Apple is removing VPN apps that allow users to skirt China’s Great Firewall
Related: China says VPN crackdown aimed at ‘cleaning’ the internet … a spokesman for the Ministry of Industry and Information Technology, said at a press conference on Tuesday. “Law-abiding individuals and businesses won’t be affected,”…
China mall offers ‘man pod’ havens for husbands wary of shopping
The first pods were launched at the Global Harbor shopping mall in Shanghai in June, and since then over 1,000 men have used the facilities, according to Ruwo Smart Technology, the company behind the scheme.…
China’s smash-hit mobile game is coming to the US without many of its Chinese elements
Launched in 2015, Honor of Kings is a multiplayer online battle game similar to League of Legends, but for mobile phones. About 55 million people are playing HoK daily in China, making it the world’s…
The China Mobile (Hong Kong) Ltd. (CHL) Upgraded at Zacks Investment Research
Finally, Russell Investments Group Ltd. acquired a new stake in shares of China Unicom (Hong Kong) during the fourth quarter valued at $852,000. Morgan Stanley downgraded shares of China Mobile (Hong Kong) from an overweight…
China: Mobile payments outpace Europe, US
Around the mobile payments campfire, many commentators were intrigued by New York Times contributor Paul Mozer’s first-person account of his difficulties paying with cash on a recent trip to Shanghai. From the humblest street vendor…
New framework unveiled in China for Bitcoin, blockchain technology
This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. Initial coin offerings (ICOs), a form of fundraising involving digital tokens, have gained popularity recently, prompting diverse…
China’s Ofo in talks to raise $1 billion, led by SoftBank: sources
For SoftBank, which recently launched a near $100 billion technology fund, an investment in Ofo would be another bet on China’s sharing-based economy that has already attracted billions in venture capital. The Japanese conglomerate in…
