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Banks Picked for Sinochem IPO – Sources

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The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…

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China Mobile profit grows as 4G subs climb

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China Mobile reported positive numbers for the period from January to September, stating it is at a “critical stage of business transformation”. In a statement, it cited “relatively high demand for resources from various fronts,…

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China watch setback hits Apple shares

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Industry analysts say the suspension likely stemmed from Chinese government security concerns to do with tracking users of the device, which uses different technology than standard mobile phones. China strictly regulates mobile phones and all…

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