In late 2020, as Jack Ma’s Ant Group Co. prepared for a $35 billion initial public offering, many outside China wondered if the country’s financial technology giants were becoming a global competitive … ( read…
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China sanctions 28 Trump administration figures including Mike Pompeo, Peter Navarro, John Bolton and Steve Bannon – forbidding them from entering the country or doing business …
Peter Navarro (top right) and Steve Bannon (bottom right) are among 28 figures from the Trump administration sanctioned by Beijing on Wednesday. ( read original story …)
China Mobile adds 17.62 million 5G subscribers in December
The operator said it ended 2020 with a total of 165 million 5G subscribers, compared to 6.7 million 5G customers in January … ( read original story …)
China doubles new renewable capacity in 2020 and raises thermal plants base to five-year high
China is smashing wind power building records and continues to show strong solar growth, making it a top destination for foreign clean-energy investment, but it needs to halt coal-fired plants to meet … ( read…
Tencent-backed video sharing app Kuaishou kicks off Hong Kong IPO targeting US$5 billion
Kuaishou will raise the curtain for other China’s short video-sharing platforms to raise funds via IPO in Hong Kong. ( read original story …)
Departing U.S. FCC chair warns of threats to telecoms from China
Outgoing U.S. Federal Communications Commission (FCC) chairman Ajit Pai said potential Chinese espionage and threats to U.S. telecommunications networks and internet freedom are the biggest national … ( read original story …)
China Telecom, China Mobile and Unicom apply to New York Stock Exchange to reverse delistings ordered by Donald Trump
NYSE delisted three of China’s biggest telecoms in response to executive order by former US President Donald Trump. ( read original story …)
China’s Big Three State Telcos Seek Review of NYSE Delisting
China’s three biggest telecommunications firms said they requested a review of the New York Stock Exchange’s decision to delist their shares more than a week ago, a move triggered by an executive … ( read…
Pai fires parting shot at China as rumours mount over new FCC chair
Ajit Pai left the US telecoms regulator yesterday with a final short at what he called potential Chinese espionage and threats to networks … ( read original story …)
Nokia and China Mobile complete live trials of AI-powered RAN on 4G and 5G networks
Nokia and China Mobile (CMCC) said they have successfully completed live trials of an AI-powered radio access network (RAN) over CMCC’s 4G and 5G networks. They completed an AI-based live user … ( read original…
China Mobile Limited (NYSE:CHL) Shares Sold by Allen Capital Group LLC
Allen Capital Group LLC reduced its holdings in China Mobile Limited (NYSE:CHL) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC) … ( read original…
China Mobile Limited (NYSE:CHL) Shares Sold by Gilman Hill Asset Management LLC
Gilman Hill Asset Management LLC reduced its position in shares of China Mobile Limited (NYSE:CHL) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the … ( read…
China’s RLX draws in $1.4bn from bigger US IPO
Chinese vape company RLX Technology raised $1.4bn from its US listing this week, pricing the deal above the marketed range after a huge turnout from investors. ( read original story …)