China Unicom (Hong Kong) Limited (NYSE:CHU) has been given a consensus recommendation of “Hold” by the eight research firms that are currently covering the stock, MarketBeat reports. Four investment … ( read original story …)
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China Unicom (Hong Kong) Limited (CHU) Receives $12.00 Average Price Target from Analysts
Asian shares advance on US-China trade hopes
SINGAPORE — Asian markets were mostly higher Monday on signs that the U.S. and China were closing in on a trade deal after months of negotiations. The Shanghai Composite index rose 0.6% to 3,207.87, ……
Asia’s tech champions zero in on main street banking
Asian consumers are far more willing to bank with tech firms than elsewhere in the world. More than 90 percent of consumers under 35 in China and India would bank with a technology firm ……
Banking: Rise of challenger banks in Asia
But it does have particular significance, given the city’s status as an international finance centre, the availability of capital and potential access to the Greater China market.” He describes a … ( read original story…
China Isn’t Ready for Iron Ore Deficit, Industry Veteran Warns
(Bloomberg) — China’s steel industry, the world’s largest, isn’t prepared for a looming shortage of iron ore in the second half that’s set to drive prices higher, according to a prominent industry … ( read…
Exclusive: U.S. waters down demand China ax subsidies in push for trade deal – sources
WASHINGTON/BEIJING (Reuters) – U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two … ( read original story …)
China will maintain prudent monetary policy: PBOC official
China will continue to “improve the exchange rate mechanism and keep the RMB exchange rate in line with fundamentals at an adaptive equilibrium level”, Mr Chen said. The potential for foreign … ( read original…
China’s Secret Weapon in the Electric Car Race
Their foreign rivals should beware. As manufacturers rush to meet the requirements of China’s policy to promote electric cars (known in the country as “new-energy vehicles”), locally-owned automakers … ( read original story …)
One Month, 500,000 Face Scans: How China Is Using A.I. to Profile a Minority
The facial recognition technology, which is integrated into China’s rapidly expanding networks of surveillance cameras, looks exclusively for Uighurs based on their appearance and keeps records of … ( read original story …)
VW to take on Tesla X in China from 2021 with electric SUV
SHANGHAI (Reuters) – Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up … (…
China, Japan tout ‘recovered’ ties amid global uncertainty
BEIJING — Japan’s foreign minister says China and Japan have the opportunity to “take charge of the economic field” during a time of worldwide uncertainty. Taro Kono met with Chinese Foreign Minister … ( read…
China Mobile makes first 5G phone call in Beijing
Chinese telecom giant China Mobile has tested its first 5G-based phone call in Beijing, reports the Xinhua News Agency. The test call came after the latest update of the company’s previous 4G networks … (…
China to Maintain Prudent Monetary Policy, PBOC’s Chen Says
China will maintain a prudent monetary policy … stable,” Chen said a statement to the International Monetary and Financial Committee, which was posted on the IMF’s website. ( read original story …)
