US ties, downplayed the impact of the order by President Donald Trump to ban business transactions with its WeChat app, saying only 2 per cent of revenues were derived from the US. ( read original…
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Hong Kong stocks rise for second day as earnings from Tencent and China Unicom beat
Hong Kong stocks rose for a second day, as companies from Tencent Holdings to China Unicom posted earnings that exceeded analysts’ estimates.The Hang Seng Index gained 0.3 per cent, or 70.92 points, … ( read…
5 Weapons China Could Use to Pushback America’s Military
As the People’s Republic of China (PRC) emerged from war and revolution in 1949, it became apparent that the Chinese economy lacked the capacity to compete with the U.S. or the … ( read original…
KESG: New China ESG ETF Leaves Out More Than It Keeps
Done right, ESG probably has a greater opportunity for edge in China than in another other market. Many investors in Chinese equities have long appreciated the advantages of companies with better than … ( read…
China Unicom hails SA 5G progress
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…
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…
