and China Unicom (CHU +1.4%) — has approached investment banks as it plans an initial public offering. The company is said to seek floating 10-20% of its shares and raise $5B-$10B, most of which would…
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Six months after DeepSeek’s breakthrough, China speeds on with AI
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China Tower prepping $5B-$10B public offering
China factory PMI growth holds up in May, steel sector activity speeds up
BEIJING China manufacturing sector grew faster than expected in May as activity in the steel industry rebounded sharply, an official survey showed on Wednesday, allaying concerns of slowing economic momentum as Beijing cracks down on…
China’s real credit risk lurks in shadow finance
But financial markets greeted China’s downgrade last week by Moody’s, the credit rating agency, with their version of a nonchalant shrug. Chinese domestic bond prices remained steady and Hong Kong’s main stock index actually rose…
Beijing’s rickshaws teeter between tradition, survival
The makeshift red-canopied vehicles are ubiquitous in Beijing: rickshaws traversing narrow alleyways and skyscraper-lined avenues alike. A historic mode of transport, they have survived China’s modernisation, and remain an integral part of city living ……
China factory activity steady in May, services rebound
HONG KONG (AP) — Growth in China’s factory activity was steady last month while the services industry rebounded, according to data released Wednesday that signal the recovery in the world’s No. 2 economy is holding…
ARM in China joint venture to help foster ‘secure’ chip technology
TAIPEI — ARM Holdings, a British chip innovator controlled by SoftBank Group, will form a joint venture with Chinese partners “within months” to help companies in China develop semiconductor technologies, including products that could have…
China accelerates commercial use of NB-IoT for industrial applications
According to China Daily, the The Ministry of Industry and Information Technology is encouraging enterprises to promote the technical transformation of broadband network infrastructure, such as fiber broadband and Long Term Evolution (LTE) enhancement ……
China Information Technology : CNIT SIGNS $2 MILLION CLOUD-BASEDAD TERMINALCONTRACT FOR SHENZHEN
SHENZHEN, China, May 30, 2017 -China Information Technology, Inc. (Nasdaq:CNIT), a provider of cloud-app technologies for Internet-of-Things (IoT) platforms and internet-based ad distribution and ad screen sharing systems in China, today said it has ……
China to launch cybersecurity law despite concerns
China will implement a controversial cybersecurity law Thursday despite concerns from foreign firms worried about its impact on their ability to do business in the world’s second largest economy. Passed last November, the law is…
Men probing working conditions at company producing Ivanka Trump brands in China arrested, missing
A man investigating working conditions at a Chinese company that produces Ivanka Trump-brand shoes has been arrested and two others are missing, the arrested man’s wife and an advocacy group said Tuesday. Hua Haifeng was…
China Messaging App Lures Luxury Brands — WSJ
HONG KONG — China’s Tencent Holdings Ltd. is using its vast social-media network to attract luxury-fashion brands to its WeChat app, potentially opening a new frontier in online retail. France’s Longchamp and the U.K.’s Burberry…
Ex-UBS Banker’s Parents Bought Into China IPOs He Helped Arrange
UBS said to have reported one instance to Hong Kong regulator Choi left UBS in 2016, now runs boutique advisory firm AMTD A former UBS Group AG investment banker was linked to several Hong Kong…
Property buyers hit a brick wall as Beijing tries to avert housing bubble
For almost two decades, China’s property market was a one-way bet. As urban residents made the move from state housing to privately owned flats from 1998, there were big profits to be made. Before that…
