In different cities around China, merchants from supermarkets to bakeries have adopted facial recognition payments technology from Alibaba-affiliated Ant Financial and Tencent’s WeChat Pay to make the … ( read original story …)
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As China turns towards facial recognition payments, are QR codes on their way out?
Lufax Vice President Yunny Lee Envisions a Self-Improving Future of Finance
BEIJING, July 30, 2019 /PRNewswire/ — Lufax vice president Yunny Lee shared her insights and Lufax’s best practices on breakthrough financial technologies (Fintech) and the future of finance at The … ( read original story…
How Much is China Overseas Land & Investment Limited’s (HKG:688) CEO Getting Paid?
Third, we’ll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company … ( read original…
US companies are increasingly interested in China’s big import event despite trade war
vice president of China operations at the U.S.-China Business Council, says. “These commercial opportunities led to an uptick in interest from USCBC members to participate in 2019.” However, it’s … ( read original story …)
China’s Profit Warnings Signal More Gloom for the Economy
For anyone checking the health of China’s economy, corporate earnings are providing the latest bad news. Of the more than 1,600 firms to give first-half guidance, 40% have predicted a drop in earnings … (…
How Has China Telecom’s Wireless Business Fared Versus Rivals?
China Telecom (NYSE:CHA) has been outperforming its larger rivals China Mobile and China Unicom in recent quarters, driven by its higher 4G coverage and its launch of new plans targeted at heavy data … (…
Apple beats expectations on profit, revenue and sales outlook with ‘marked improvement’ in China
China sales fell 4 per cent to US$9.16 billion … company in a potential probe as part of a broader review of whether technology giants engage in anticompetitive practices. … ( read original story …)
Coach Said to Sell on China’s Tmall for Third Time
Coach is partnering with Tmall in China for the third time coming in September, according to market sources. The Tapestry Inc.-owned brand has had a complicated relationship with Alibaba’s … ( read original story …)
China probes small banks’ shareholdings as risk worries persist
China is sharpening its scrutiny of small banks’ shareholders … The regulator also asked the firms if they had disclosed all business transactions with their main owners, according to a regulatory … ( read original…
U.S.-China trade concerns push Wall Street lower; Fed meeting eyed
“Investors are very concerned about how weak Apple’s Chinese business will do,” said Tony Roth … between the world’s two biggest economies resumed on Tuesday, Trump warned China against trying to … ( read original…
Manitoba canola producers face financial crunch amid trade dispute, says KAP president
China, which accounts for about 40 per cent … And he says time is of the essence, with many producers facing a financial deadline of Oct. 31. “That’s when our property taxes are due, that…
China probes small bank shareholdings as risk worries persist
BEIJING/HONG KONG — China is sharpening its scrutiny of small banks’ shareholders amid fears that loans from the lenders to big investors could prove a weak point in the country’s financial … ( read original…
IMAX China Reports Half-Year 2019 Financial Results
IMAX China Holding, Inc. (“IMAX China” or the “Company”, HKG: 1970) today reported first half 2019 Greater China revenue of US$59.3 million, up 15.1% year-over-year, primarily driven by strong growth … ( read original story…
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