HONG KONG, March 15 (Reuters) – Chinese telecom carrier China United Network Communications is targeting compounded annual profit growth of 68.7 percent through 2020, Chairman Wang Xiaochu said on Thursday. China’s second-biggest telecoms carrier by…
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Oil prices jump; optimism over China’s consumption stimulus boosts Asia shares
China’s new home prices fall in February
China unveils plan to boost domestic consumption
Beijing cracks down on stock market misinformation
Chinese cities strengthen policy efforts to help stabilize real estate market
Pentagon is closely monitoring Russia and China test military capabilities in space
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
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China Unicom targets fast profit growth after ownership reform
China Unicom net profit nearly triples
HONG KONG, March 15 (Reuters) – China Unicom (Hong Kong) Limited said on Thursday its net profit for 2017 nearly tripled on cost savings. China’s second-biggest telecoms carrier by subscriber numbers had flagged the jump…
China Unicom reveals cost optimization and investment strategy
China Unicom has reduced the number of departments at the headquarters by 33 percent. It has also slashed the number of institutions at provincial branches by 21 percent. China Unicom has withdrawn 15 percent of…
China Unicom Hong Kong : 2017 Net Profit Nearly Tripled to CNY1.83 Billion
China Unicom (Hong Kong) Ltd. (CHU) said 2017 net profit nearly tripled from a year earlier, partly due to cost controls and higher service revenue growth. The Chinese mobile operator said net profit surged to…
Hong Kong stocks rise; IT, property shares lead
led by property and IT shares, as investors shrugged off concerns that growing trade tensions will hurt the global economy. ** The Hang Seng index rose 0.3 percent, to 31,541.10 points, while the China Enterprises…
CHINA SCE PROPERTY : Achieves Record-High Contracted Sales Amount of RMB33.2 Billion in 2017
HONG KONG, Mar 15, 2018 – (ACN Newswire) – China SCE Property Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) (stock code: 1966), announced its annual results for the year ended 31 December…
Tech giants rush for piece of China’s burgeoning mobile esports market
China is a country of gamers: it’s the world’s largest gaming market by revenue. And as China’s smartphone population continues to grow – it’s about double the size of the US populace – mobile esports,…
KDDI, China Mobile, Singtel, Facebook & Others to Build New SEA-Japan Submarine Cable
KDDI and the members of the Southeast Asia-Japan 2 consortium (SJC2) signed an agreement with NEC to build a high performance submarine cable connecting Singapore, Thailand, Cambodia, Vietnam, Hong Kong, Taiwan, mainland China, Korea and…
China had a fraught relationship with Rex Tillerson, but would prefer him over his ‘hawkish’ successor
Tillerson was seen as a moderating influence in the Oval Office, and was reportedly concerned over tariffs that have angered China. An expert on Chinese foreign policy told Business Insider that Tillerson is “better” than…
Balancing act: Chip giant Qualcomm caught between Washington and Beijing
SHANGHAI (Reuters) – U.S. chipmaker Qualcomm Inc (NasdaqGS:QCOM – News), blocked this week from a takeover bid amid national security fears, was already walking a Pacific tightrope: it has government and defense contracts in America,…
A Bar Street Falls Quiet as Beijing Puts a Limit on Foreigners
BEIJING — Most nights, a mixed crowd of young Chinese and foreigners, many of them students, cram the sidewalks along Caijing Dong Street, drinking alcohol and snacking on street food to the sound of thumping…
China, Russia welcome Korean peace efforts with diplomacy in overdrive
“China and Russia agreed to continue cooperation to uphold the … working talks soon to work out details for the inter-Korean summit. South Korea’s Yonhap news agency reported that North Korea’s Foreign Minister Ri Yong…
China self-owned brands more well regarded by consumers than ever
Shanghai (Gasgoo)- A one-week survey conducted before the March 15 (the World Consumer Rights Day) showed that nearly half of the participants think that China’s self-owned auto brands have achieved greater improvements in quality. Meanwhile,…
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