HONG KONG (Reuters) – China Unicom’s $11.7 billion ownership reform plan does not violate rules, the nation’s securities regulator said, helping shares in the telecom group’s units surge as they resumed trade on Monday after…
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Convicted former Harvard scientist rebuilds brain computer lab in China
China to ban drone sales in Beijing citing security concerns
China’s factory activity expands for a second month despite shocks from the Iran war
China factory activity tops expectations in April — but growth slows as new orders soften
The Split Between China and Silicon Valley Just Got Wider
Australia news live: Penny Wong wins jet fuel pledge from China in Beijing visit; US lawmaker says Aukus price might go up
Ikea to open first small-format Beijing store to tap China’s changing consumer trends
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China regulator says Unicom’s reform plan does not violate rules; shares surge
China Unicom, energy firms boost Hong Kong shares
SHANGHAI, Aug 21 (Reuters) – Hong Kong shares finished higher on Monday, supported by strong performance in energy and telecoms firms after China Unicom’s ownership reform plan was given the green light by China’s securities…
China Mobile : 4G net adds rise to 12.32m in July
4G mobile customers in July, faster than the pace of 10.419 million in the previous month, bringing the total 4G customer size to 606 million. The net additional customers for July amounted to 3.351 million,…
Finance businesses may jeopardise credit quality of internet companies, Moody’s says
China’s technology companies had been muscling their way into the traditional business of banking and finance, using the convenience and ubiquity of the smartphone-enabled mobile internet to provide everything from online cashless retail payments ……
China to again have one of the world’s fastest bullet trains
The latest trains were unveiled in June and have a top speed of 400 kilometers per hour (250 mph), according to the official Xinhua News Agency. China first ran trains at 350 kilometers per hour…
China to relaunch one of the world’s fastest bullet trains
China is relaunching one of the world’s fastest bullet trains, running at 350 kilometers (217 miles) per hour. The trains will service the route from Beijing to Shanghai starting next month, making the 1,250-kilometer (777-mile)…
Reports: China accuses luxury e-retailer of smuggling
The founder of a Chinese luxury online retailer has been extradited from Indonesia to face charges his company smuggled goods into China by having travelers pretend they were personal belongings, news reports said Monday. Ji…
Chinese tech giants battle for mobile payments market
A pitched battle between China’s technology titans for control of the world’s largest mobile-payments market is starting to ripple overseas. The biggest combatant is Ant Financial Services Group, an affiliate of e-commerce giant Alibaba and…
China Bank Bears Must Brace for Disappointment
Global investors concerned about a looming spike in Chinese nonperforming loans should take a look at recent data from the China Banking Regulatory Commission. If they did, then maybe they wouldn’t have as much angst.…
China Minsheng Financial Holdg : SUPPLEMENTAL ANNOUNCEMENT DISCLOSEABLE TRANSACTION – SUBSCRIPTION OF CONVERTIBLE BONDS
Reference is made to the announcement of China Minsheng Financial Holding Corporation Limited (the ”Company”) dated 16 August 2017 in relation to the subscription of the Convertible Bonds (the ”Announcement”). Unless otherwise stated, terms used…
China Banks’ Interbank Lending Falls for First Time Since 2010
Meanwhile, the outstanding amount of wealth-management products, especially those sold to other financial institutions, fell, the regulator said. Interbank lending and shadow-banking products are key targets in China’s push to rein in risks associated ……
China to relaunch the world’s fastest bullet trains
BEIJING — China is relaunching the world’s fastest bullet trains, running at 350 kilometres (217 miles) per hour. The trains will service the route from Beijing to Shanghai starting next month, making the 1,250-kilometre (777-mile)…
Schedules and roadmaps to be made to open finance industry
While China has made progresses in investment liberalization and facilitation, certain industries, otherwise known as sensitive industries, are still with significant entry barriers to foreign investment. Finance is such a sensitive area. For life ……
