and has previously worked with some of China’s largest tech firms including Xiaomi Inc, Qihoo 360 Technology Co Ltd and Kingsoft Corp Ltd. Cloud services have become a crowded and competitive field in China in…
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Beijing issues rainstorm, flood alerts amid heavy downpours
China floods: Over 4,400 evacuated as heavy rains pound Beijing, northern provinces
Thousands moved as heavy rains hit Beijing and nearby
Money, sex and a Buddhist monk: Head of China’s famed Shaolin Temple under investigation
Four killed, eight missing as heavy rain soaks northern China
US-China talks to restart as hopes grow for trade war truce extension
US, China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting
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Amazon to sell China cloud services unit in $300 million deal
Markets drop after China releases economic data
TOKYO – Asian shares were mostly lower Tuesday as markets watched for tax reform developments in the U.S. and digested economic data from China. KEEPING SCORE: Japan’s benchmark Nikkei 225 recouped earlier gains to end…
UPDATE 2-China property investment growth cools in Oct, sales decline accelerates
BEIJING, Nov 14 (Reuters) – China’s October property sales and new construction starts fell in October as the property market cooled from a two-year boom in the face of a tighter liquidity environment and a…
China property investment growth cools in October, sales decline accelerates
BEIJING (Reuters) – Real estate investment cooled in October and a sales decline steepened, reinforcing expectations of a gradual slowdown in China’s economy as the property sector loses momentum amid official crackdown on riskier lending.…
Growth in China property investment slows to 7.8 pct in Jan-Oct
BEIJING, Nov 14 (Reuters) – Property investment in China rose 7.8 percent in January-October from the same period a year earlier, slowing from an 8.1 percent gain in the first nine months of 2017, official…
China Technology ETF (CQQQ) Hits New 52-Week High
For investors seeking momentum, Guggenheim China Technology ETF CQQQ is probably on radar now. The fund just hit a 52-week high, and is up roughly 81% from its 52-week low price of $34.90/share. But are…
ADRs End Lower; Telecom Italia, China Unicom Trade Actively
International stocks trading in New York closed lower on Monday. The BNY Mellon index of American depositary receipts declined 0.4% to 149.02. The European index decreased 0.5% to 137.54. The Asian index eased 0.2% to…
China just made a historic move to open its financial system to the world
China took a major step toward the long-awaited opening of its financial system, saying it will remove foreign ownership limits on banks while allowing overseas firms to take majority stakes in local securities ventures, fund…
How to Make $90,000 in One Day From Hong Kong’s IPO ATM : Gadfly
How to make HK$700,000 ($90,000) in one day? It’s not as hard as you might think: More than 250 investors just did exactly that by buying into China Literature Ltd.’s initial public offering. IPOs are…
China’s facial recognition advances; becomes largest video surveillance network
If you cross the street in urban China these days, chances are you’re being watched. The country has built the world’s largest video surveillance network with tens of millions of cameras, and they are now…
China Mobile: Undervalued, But Lacking Momentum
China Mobile dominates the Chinese telecom sector, capturing more than 60% of the market share. Despite high upfront costs to shift to 4G LTE, free cash flow remains high. The stock currently lacks momentum and…
GM’s electric car sales will meet quotas by 2019, says China chief
BEIJING (Reuters) – General Motors Co’s China joint ventures will be able to generate enough new energy vehicle (NEV) sales volume to account for NEV production quotas by 2019 and without the need to buy…
Chinese Tourists Driving Southeast Asia’s Boosts In Infrastructure, Technology
China’s growing middle class is leveraging higher wages and the One Belt, One Road initiatives into the chance to explore Southeast Asia, and countries are scrambling to serve their incoming guests’ needs. Tourists from China…