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Retail investors shun Xiaomi IPO

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[Photo/China Daily] Although subscribed by Chinese magnates such as Li Ka-shing, Jack Ma Yun, Pony Ma Huateng and Cai Wensheng, Xiaomi’s blockbuster IPO was given the cold shoulder by retail investors. The Beijing-based company managed…

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China Unicom partnering up for 5G research

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A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province. [Photo/Xinhua] China Unicom, the country’s second largest mobile carrier by subscribers, set up a string of 5G laboratories with…

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