China Unicom chairman and CEO Wang Xiaochu highlighted progress on its joint 5G network with rival China Telecom, expressing confidence it would commercially launch standalone (SA) service in Q4. We … ( read original story…
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China Unicom First-Half Net Profit Rose 10%
Ltd. said its net profit for the first half of the year rose 10% from a year earlier, thanks to increased revenue and a lower cost-to-sales ratio. The telecom operator posted a net profit of…
Tencent-backed Chinese real estate platform Beike to raise US$2.12 billion in US after pricing IPO above guided range
KE Holdings, the online real estate transaction platform backed by Tencent Holdings, is set to complete the biggest initial public offering (IPO) by a Chinese company in the US market in more than two ……
Fintech unicorn Lufax, backed by China’s biggest insurer, Ping An, said to be secretly applying for US IPO
Lufax, which runs an online wealth management platform and retail lending technology platform, has hired Bank of America, Goldman Sachs, HSBC and UBS to bring in investors, the people familiar said. A … ( read…
SoftBank-Backed KE Set to Raise $2.1 Billion in U.S. IPO
KE Holdings Inc., a Chinese online property platform backed by SoftBank Group Corp. and Tencent Holdings Ltd., is poised to raise $2.1 billion as it plans to price its U.S. initial public offering … (…
China plans new science and technology university in Hunan amid increased rivalry with US
The move comes as China seeks to better compete with the US in core science and research amid increased economic rivalry. ( read original story …)
China’s CATL aims to make EVs drive further with new tech
China’s CATL , a Tesla supplier, said on Wednesday it is working on a new technology that will allow battery cells to be integrated with an electric car’s chassis, shedding traditional casings that … (…
Your guide to China’s biggest phone brands: Huawei, OnePlus, Oppo and more
From Huawei to Lenovo to Meizu, here’s a breakdown of the players in the daunting landscape of Chinese smartphones. ( read original story …)
China leads peers in 5G investments
Telecom companies bank on cost-effective infrastructure to speed up the use of superfast tech in more industries China has taken the lead in global 5G development, with nearly half of worldwide … ( read original…
China threat: Beijing brands Hong Kong billionaire newspaper owner ‘traitor’ after arrest
The Hong Kong and Macau Affairs Office has called for exemplary punishment for Mr Lai to deter further unrest in the city. The government body also claimed Mr Lai conspired with foreign agents and ……
How China uses facial recognition to control human behavior
When facial recognition is everywhere, anything you do is fair game for public shaming and punishment. Facial recognition supporters in the US often argue that the surveillance technology is reserved … ( read original story…
China’s car sales are surging as it recovers from the pandemic, and that’s great news for Tesla
While US revenues shrink, China has been a bright spot for Elon Musk and Tesla’s fight to win in the world’s largest market. ( read original story …)
In the US, 7 out of every 10 smartphones made in China
The United States and China are on less-than-friendly terms at the moment, but you wouldn’t know it by looking at the smartphone market. Canalys estimated that China-made devices represented 70% of … ( read original…
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