Shares of Ma Huateng’s internet gaming giant rose 14% so far this year to the highest in two years, thanks to strong demand for its mobile games during coronavirus lockdowns. ( read original story …)
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Digicel Group denies report of Pacific unit sale to China Mobile
Jamaica-based mobile phone carrier Digicel Group denied an Australian newspaper report on Thursday and said there is “no basis whatsoever” that it would sell its Pacific unit to state-owned China … ( read original story…
Report: China preps for space warfare
China’s space warfare capabilities, including anti-satellite missiles and directed-energy weapons, pose growing threats to U.S. national security, according to a think tank report made public … ( read original story …)
China Inc. Is Unloved Abroad, Unwanted at Home
U.S.-listed mainland companies are facing an increasingly unfriendly climate in New York. Shanghai isn’t looking any better. ( read original story …)
Global funds invest more in China as coronavirus spreads to the rest of the world
“We’re finding that a lot of foreign managers globally (are) reshuffling their holdings in this turmoil,” Todd Willits, head of EPFR, said in a phone interview. “Allocations to China are something … ( read original…
Fall From Grace: Luckin Coffee’s Former Billionaire CEO Fired Amid Fraud Scandal
Jenny Zhiya Qian, who led Luckin Coffee’s meteoric rise from a single shop to Starbucks’ biggest rival in China, was fired after an internal probe revealed that some of the company’s sales figures … (…
The US and China are on the brink of a new Cold War that could devastate the global economy
The relationship between the US and China was already teetering close to the edge of a cliff before COVID-19, but the pandemic pushed it right off. ( read original story …)
China Market Update: Tencent Earnings Beat Estimates, MSCI To Increase China Weight In EM Index By 1%
Hong Kong volume leader Tencent (700 HK) eased -0.32% ahead of its earnings release while Meituan Dianping jumped +5.45% on news that MSCI would increase its index weight. ( read original story …)
Concern as China targets Pacific mobile networks
China Mobile is negotiating to buy the Pacific operations of Digicel, the heavily indebted carrier owned by Irish billionaire Dennis O’Brien. ( read original story …)
ZTE targets China Broadcasting Network with 4.9 GHz boast
Boasting about validation of the industry’s first 5G carrier aggregation on 700 MHz and 4.9 GHz might not be the biggest humblebrag but remember who has access to this spectrum. ( read original story …)
Early humans in China innovated technology to adapt to climate change one million years ago
To assess the degree to which early stone tool using hominins modified their tool manufacturing behaviours in Eastern Asia, Shixia Yang and colleagues examined three well-known archaeological sites … ( read original story …)
China willing to futher cooperate with South Korea on coronavirus prevention and control
Chinese President Xi Jinping told South Korean President Moon Jae-in on Wednesday that China is willing to further cooperate with South Korea on coronavirus prevention and control, state television … ( read original story …)
Live-streaming sellers and blockchain engineers are officially jobs in China now
China has a new list of officially recognized jobs, adding to a list that included esports players and drone pilots last year … ( read original story …)
