Mainland China saw profit-taking after yesterday’s strong performance. As expected, China’s Loan Prime Rate was left unchanged at 1-year 3.85% and 5-year 4.65%. Unlike in Hong Kong, growth stocks were … ( read original story…
Tagged By blockchain
China 5G subscriber numbers exceed 65M
China Mobile and China Telecom picked up more than 17 million 5G subscribers in April, taking their combined tally to 65.45 million six months after introducing the new service. Market leader China … ( read…
Ericsson extends 5G reach with China Telecom, China Unicom
Leading Chinese operators tap Swedish comms tech giant for 5G core portfolio systems, including cloud packet, NFVI, dynamic orchestration and spectrum sharing. ( read original story …)
China Keeps Germany’s Car Makers in the Fast Lane
Germany’s car manufacturers are once again being bailed out by China. Having skidded to a halt in February, Chinese vehicle sales are rebounding—particularly at the luxury end of the market. ( read original story …)
Hong Kong No Longer in Top Three IPO Venues
Hong Kong is not part of the top three listing venues globally for the first time in six years, as a slow start to 2020 has weighed on initial public offering activity. ( read original…
Nasdaq’s China Crackdown Looks Halfhearted
Nasdaq is tightening rules on initial public offerings in an effort that looks to be targeted primarily at Chinese companies. To appreciate just how tepid its proposals are, consider this: They wouldn … ( read…
I-Mab Expands Global Presence with New Hong Kong Office
Mab (NASDAQ:IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel or highly differentiated biologics to treat diseases with … ( read original story …)
China Mobile to make a splash in VR
China Mobile has made a strong push into the virtual reality sector, with a string of measures to support development of VR content and VR hardware. At the Fifth Global Virtual Reality Conference … (…
US and allies mull alliance to move business from China to nations with shared values
The Trump administration and other Western nations have a growing interest in an alliance to establish critical supply chains outside of China, but the plan for how to do it remains in its infancy. (…
Why Apple is unlikely to face backlash from China over new U.S. rule on Huawei
The iPhone maker has a good relationship with Beijing and indirectly employs hundreds of thousands of workers in China, factors that could dissuade authorities from taking action against the company. ( read original story …)
TCP Group unveils more than USD 150 million of investment to expand Red Bull operations in China over the next three years
TCP Group, the inventors and owners of the Red Bull brand and trademarks in China and globally, today announced a series of investments totaling more than USD 150 million over the next three years in…
Business Group Cautions U.S. on ‘Reshoring’ Too Much China Supply
The head of the U.S. Chamber of Commerce on Tuesday warned the U.S. government against overdoing a major effort underway to rip U.S. supply chains out of Ch … ( read original story …)
CZ on Binance’s New Chinese Domain: ‘Let’s Focus on Tech First’
Binance’s new Chinese website gets an approval from the China’s Ministry of Industry and Information Technology … ( read original story …)
