Raymond James Financial Services Advisors Inc. lifted its stake in shares of China Mobile Ltd. (NYSE:CHL) by 182.9% during the fourth quarter, according to its most recent disclosure with the … ( read original story…
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From matchmaking to meals, the Sino-Japan row ripples through everyday routines in China
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Chinese parts supplier takes stake in leading Russian drone maker
China-ASEAN innovation base launched to boost collaboration in emerging industries
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China Mobile Ltd. (CHL) Stake Raised by Raymond James Financial Services Advisors Inc.
What do people in China think about ‘social credit’ monitoring?
China has both private and government-run social credit schemes, and these nascent programs differ substantially. Sesame Credit, a private program run by Ant Financial (Alibaba), operates more like a … ( read original story …)
China’s US$7 billion railway link to Laos is almost half done, on schedule to begin service in 2021
The Chinese government will bankroll 70 per cent of the cost of the railway, while Laos – where subsistence agriculture makes up half of the economic output – pays for the remaining 30 per cent…
China’s electric buses are killing oil demand as US production booms
China’s rapidly growing fleet of electric buses could be the biggest existential threat to oil demand in the future as more and more vehicles shun fossil fuels. A new report from Bloomberg New Energy ……
Italy Leads Europe Into China’s Embrace
Geraci dismissed financial market speculation that China might be ready to buy Italian government bonds. “The Italian bond market is one of the most liquid bond markets in the world, yields may be … (…
China Mobile revenues dip lower in 2018, profit up 3%
China Mobile reported revenues down 0.5 percent in 2018 to CNY 736.8 billion, hurt by the new accounting rules and competition in the mobile market. Excluding the accounting effect, the company said … ( read…
Profits slow at China Mobile, despite adding 63m 4G subscribers in 2018
China Mobile saw revenues slip by 0.5 per cent in 2018 to $110 billion (CNY737 billion), as declining revenues from its mobile network business weighed heavy on the company’s profitability in 2018. … ( read…
China chemical plant explosion kills six in Yancheng
China’s earthquake administration reported a tremor equivalent … The cause of the accident is under investigation.” State news agency Xinhua said shockwaves from the blast had brought down nearby … ( read original story …)
HK residents can open mainland bank accounts in city
In this Aug 23, 2012 photo, a woman walks past the Bank of China Tower in Hong Kong. The Bank of China (Hong Kong) has launched a new service allowing Hong Kong residents to open…
China’s First Digital Bank, WeBank, introduced the ‘3O’ Paradigm of Open Banking at Money 20/20 Asia
SINGAPORE, March 21, 2019 /PRNewswire/ — Henry Ma, Vice President and Chief Information Officer of WeBank in Singapore, showed Money 20/20 audiences a future world of ‘Open Banking’ and introduced … ( read original story…
Sticks and carrots from China’s leadership to Chinese banks
First, banks are going to be allowed to issue perpetual bonds to improve their solvency ratios. Second, the People’s Bank of China (PBoC) is ready to accept them as collateral for a new liquidity ……
US agriculture secretary warns over China trade deal approach
China uses them, they need them, and that would be a really good faith signal that they are interested in really trying to resolve the severe trade deficit,” Mr Perdue said. Some US farmers are…
Ex-Swedish ambassador to China denies breaching national security
deputy chief public prosecutor Hans Ihrman told the Financial Times. The investigation centres on claims by the daughter of Hong Kong bookseller Gui Minhai — a Swedish citizen detained in China — that … (…
