(Yicai) March 27 — China’s three biggest telecoms operators, China Mobile, China Unicom, and China Telecom, shifted their investment focus from fifth-generation network infrastructure to cloud …
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China Closes In On US In Quantum Technology Race: Here’s What We Know So Far
In the race for quantum supremacy, China appears to be closing in on the United States, according to recent patent data released by China’s intellectual property office …
British biopharmaceutical giant eager to seize opportunities created by China’s innovation drive
BEIJING – Inspired by China’s efforts in opening-up and fostering innovation, British biopharmaceutical giant AstraZeneca is committed to the Chinese market.
Russian brands eye opportunities in China—and vice versa
After Russia’s full-scale invasion of Ukraine in February 2022, and sanctions by Western alliances that followed, notably the G7, NATO, and the EU, Russian brands—alongside ad agencies that market …
A Pivot to China Saved Elon Musk. It Also Binds Him to Beijing.
Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.
Hong Kong’s Moribund Market Loses Another Big Deal From Alibaba
Fundraising via initial public share sales in Hong Kong has dropped for four consecutive years, as its equity markets suffer from Beijing’s regulatory crackdown on private enterprises, a slowing …
CHINA UNICOM Promises 2024 Div. Payout Ratio No Less Than 55%
CHINA UNICOM (00762.HK) declared a final DPS of RMB13.36 cents, meaning a total DPS of RMB33.66 cents for the year, up 22.8% YoY. The dividend payout ratio for the year was 55%, up… CHINA UNICOM…
Alibaba Drops Cainiao IPO Plans, Proposes To Buy Stake For Up To $3.75 Billion
In the reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in Cainiao, said it was offering to acquire the remaining stock.
Dutch PM set for high-stakes China talks on chip export policy
Dutch Prime Minister Mark Rutte is set to meet with Chinese President Xi Jinping on Wednesday in Beijing for talks expected to be dominated by economics as new Dutch policies on chip exports to China…
China jolts US at WTO with complaint over ‘discriminatory’ EV subsidies
China has lodged a grievance against US electric vehicle subsidies at the World Trade Organization, alleging ‘discrimination’ in selective treatment for products depending on the venue of their final …
Hong Kong stocks tumble as Alibaba’s scrapping of logistic unit IPO weighs on sentiment
Hong Kong stocks underperformed the region as sentiment was dealt a blow by the cancellation of a Hong Kong IPO of Alibaba Group’s logistic unit and a cautious outlook from electric vehicle maker BYD.
Alibaba scraps Cainiao IPO plans, proposes acquisition: ‘Poor market conditions’
China’s e-commerce pioneer Alibaba Group Holding Ltd. decided to postpone the transaction because of poor market conditions.
Apple iPhone shipments in China fell 33% in February, state data show
It extends a slump in demand for the iPhone in its most important overseas market. Read more at straitstimes.com.