Asian equities were largely higher on light volumes in advance of today’s US Fed interest rate update, while Japan was on holiday for the Vernal Equinox.
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China science, technology news summary — March 21
The following is a summary of published science and technology news of China. LARGE CIVIL UAV. China has dispatched the Wing Loong-2 large unmanned a …
China is building a railgun that can hurl crewed spacecraft into orbit
Rockets being passé, China is working on using an electromagnetic railgun to launch crewed spacecraft the size of a Boeing 737, weighing 50 tonnes, into orbit. This remarkably ambitious project is …
TikTok aside, Congress has its eye on the U.S. money going into China
Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that greater scrutiny on U.S. investments into China may outlast presidential …
China may have Asia’s most vibrant companies, thanks to green tech, AI, and EVs—but don’t count the rest of the region out
Where do we see innovation in Asia? Fortune and BCG set out to find the Asian companies best poised for future growth.
China launches satellite for mission to moon’s far side: All the best pictures
The space race continues! One week after SpaceX launched another test flight of the Starship rocket NASA plans to use on lunar missions, China launched a satellite designed to communicate with lunar …
CHINA MOBILE Feb 5G Package Customers Rise to 800M
CHINA MOBILE (00941.HK) announced its operating data for February 2024. The total customers for mobile business reached 991 million, representing a net decrease of 510,000 MoM. The number of 5G …
China man uses deepfake technology to disguise himself as late father in videos to save frail grandmother from heartbreak
A kind-hearted grandson in China whose family had been hiding the death of his father from his fragile grandmother, created daily videos for her in which he pretended to be her son by using artificial…
China launches signal relay satellite for mission to moon’s hidden side
China on Wednesday launched a satellite that will act as a communications bridge between ground operations on Earth and an upcoming mission on the far side of the moon, marking a new phase in the…
China Tower ends 2023 with 2.04 million telecom towers
China ended 2023 with a total of 3.38 million 5G base stations according to the Ministry of Industry and Information Technology …
China Unicom expects profit gain as capex falls
China Unicom chair and CEO Chen Zhongyue targeted stable operating revenue gains and double-digit profit growth in 2024, with network investment peaking last year as its 5G coverage goal was nearly …
China Unicom (Hong Kong) GAAP EPS of RMB 0.61, revenue of RMB 372.6B; initiates FY24 outlook
FY GAAP EPS of RMB 0.61. Revenue of RMB 372.6B (+5.0% Y/Y). Return on equity reached 5.4%, the best in recent years.
China’s Xiaomi Q4 2023 revenue rises 11%, beats estimates
Chinese smartphone maker Xiaomi reported a 10.9% rise in fourth-quarter revenue on Tuesday, boosted by strong smartphone sales in an industry showing signs of recovery.
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