JPMorgan stays “cautious” on China’s projected full-year growth of 1.3%, with the expectation that the country will not be able to return to pre-coronavirus levels of economic activity this year, says … ( read original…
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China Mobile 1Q Net Profit Fell 0.8% as Phone Sales Slumped Amid Pandemic
China Mobile Ltd.’s net profit for the first quarter fell 0.8% from a year earlier, as sales of hardware products slumped due to the coronavirus pandemic. Net profit for the January-to-March period … ( read…
China Mobile Loses About 4 Million Subscribers in Quarter
China Mobile Ltd.’s wireless user base shrank in the first quarter as the spread of the new coronavirus shut down China’s economy and prompted millions to cancel services at the country’s largest … ( read…
China Mobile misplaces 4M customers but finds another 30M for 5G
China Mobile isn’t used to reporting negatives, but its first earnings report for 2020 was sprinkled with them. Revenues, earnings and headline profits all dipped for the first quarter as the world’s … ( read…
China Market Update: Policy Support Lifts Mainland Markets
Breadth was off with 17 advancers and 33 decliners. HSBC finally had a positive day +1.39%/+27 index points, AIA -0.62%/-15 index points and China Mobile +1.16%/+13 index points. Today’s best … ( read original story…
Why Ping An Insurance (Group) Company of China, Ltd. (HKG:2318) Looks Like A Quality Company
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article … ( read original story …)
Chinese companies still hope for New York IPOs — despite recent fraud, scandals and coronavirus
Many Chinese companies are still planning to list in the U.S., despite increased scrutiny on the issuers in the wake of disclosures of fraud at high-profile stocks such as Luckin Coffee. ( read original story…
Bitcoin Daily: Researchers Say Crypto Needs Global Rules To Prevent Market Collapse; China To Include Blockchain In Tech Infrastructure
Dr. Hadar Jabotinsky and Dr. Roee Sarel considered in the post how investors in crypto should respond to worldwide emergencies … and cloud computing to back the systems China uses to handle the flow ……
China reports 12 new coronavirus cases in Mainland on April 19 vs 16 a day earlier
The EUR/USD pair closed the day with gains, but the week with losses below the 1.0900 threshold. EUR/USD neutral-to-bearish, critical support level at 1.0830. The Sterling was able to post a modest … ( read…
This crisis has taught us true cost of doing business with China
With their commodity exports plummeting amid the global economic crash, debtors to China in Africa and Asia may soon be faced with a horrible choice: Impoverish their people to pa … ( read original story…
Navarro: We Are Going To Beat China To A Vaccine Because Of President Trump’s Leadership
White House trade adviser Peter Navarro says China views finding a vaccine as a competitive business race and could be part of the reason they withheld data. LOU DOBBS, FOX BUSINESS: And joining us ……
Yum China’s KFC Taste-Tests Vegan Fried Chicken in 3 Restaurants
That’s a key reason Beyond Meat and Impossible Foods have both prioritized penetrating this market. Image source: Getty Images. Yum China’s North American counterpoint, Yum! Brands (NYSE:YUM), also … ( read original story …)
WWD China Launches Sustainability Summit With Yehyehyeh
Prior to the summit, WWD China launched a six-week sustainability focused campaign “Kind to Earth, Fashion for Future,” calling for actions for the fashion community — including designers, celebrities … ( read original story …)
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