Global banks are hoping to take in huge sums of money from China tech startups that are expected to make their initial public offering (IPO) in the next few years, according to an article in…
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Beijing slams Manila’s ‘dangerous manoeuvres’ after its own ships collided
China Has Most To Gain From Trump-Putin Talks in Alaska: Analyst
Shenzhen, a rapidly developing city in China 4K
Modern architecture and city life – Shenzhen, China 4K
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First-ever McDonald’s-themed museum in China spans six floors of retro memorabilia
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China-Tech IPOs Eyed as Potential Money-Earner for Global Banks
North Korea, South China Sea on Tillerson agenda in Beijing
BEIJING (AP) — U.S. Secretary of State Rex Tillerson arrived in Beijing on Saturday for his first face-to-face talks with Chinese leaders expected to focus on North Korea’s nuclear program, trade and South China Sea…
China Is Lashing Out at South Korean Brands; Here's What Marketers Should Know
In a video circulating in China this week, a man attacks an LG washing machine with a sledgehammer until it crumbles and topples over. Next, he moves on to an LG TV set, smashing that…
China Unicom Soars After Slashing Capex: Dividends?
China Unicom (762.Hong Kong/CHU) soared 4.4% after reporting its full-year results. In 2016, net profit at China Unicom tumbled 94% from a year ago, in line with the company’s profit warning announced on January 26.…
China Unicom profit plunges 94% in 2016
China Unicom posted service revenue of CNY 240.98 billion in 2016, up 2.4 percent year-on-year. EBITDA amounted to CNY 79.50 billion, down 9.1 percent year-on-year and accounting for 33 percent of service revenue. Profit reached…
China Unicom's profits plunge as it battles competition
Increasing competition has hit the country’s major telecommunications company China Unicom which has reported a 94 percent plunge in net profits to 625 million yuan ($90.7 million). The carrier’s annual report, released on Wednesday, shows…
Unicom posts lower profit, sales
HONG KONG－State-owned China Unicom Hong Kong Ltd reported a drop in revenue and profit for 2016 due to a huge investment in 4G and broadband network infrastructure, amid fierce competition among domestic telecom heavyweights. The…
China Unicom (Hong Kong) Limited (CHU) Rating Increased to Buy at Deutsche Bank AG
China Unicom (Hong Kong) Limited (NYSE:CHU) was upgraded by equities researchers at Deutsche Bank AG from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday. Separately, Nomura downgraded shares…
China plans to build its 1st structure on disputed land in South China Sea near US military assets
Boats at Scarborough Shoal in the South China Sea are shown in this handout photo provided by Planet Labs, captured on March 12, 2016. Thomson Reuters BEIJING (AP) — China plans to build the first…
Beijing Government Raises Downpayment Requirement for Second Homes in the City
BEIJING — The Beijing municipal government said on Friday it has raised the downpayment requirement for second home purchases in the city to at least 60 percent. The new rule goes into effect from March…
What will die first, cash or password?
The growth in mobile payments will spur the development of China’s digital verification industry. According to the latest report released by domestic consulting company iResearch, the market scale of China’s third-party mobile payment more than…
Chinese tech titan Alibaba invests 1 billion yuan in mobile gaming distribution
The company is investing 1 billion yuan in an alliance with a handful of other mobile gaming firms to distribute offerings between China and other parts of the world. Getting mobile games in front of…
China beats India hollow in net access, smartphone ownership
Smartphone ownership in China has jumped 31 percentage points since 2013, but in India it has increased by only six points during the same time period. While virtually every Chinese person surveyed owns at least…
