A year after getting run out of New York, the telecom titan sold $8 bln of equity in Shanghai while initiating a $13 bln stock buyback in Hong Kong. Deploying its bloated cash pile is…
Tagged By mobile
UTStarcom Announces Progress in Cooperation with China Unicom Research Institute on Development of 5G Transport Network Solution
UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced progress with China Unicom Research Institute in their cooperative …
China Mobile to buy back $12.6 bln of its Hong Kong shares
China Mobile Ltd will buy back up to $12.6 billion worth of its Hong Kong listed shares on the market, as the company prepares for its 48.7 billion yuan ($7.7 billion) listing in Shanghai on…
China Mobile’s Homecoming Set for Wednesday as Shares Start Trading in Shanghai
State-owned telecom giant China Mobile Ltd. is set to debut on the Shanghai Stock Exchange on Wednesday, according to its exchange filing to the Hong Kong bourse on Tuesday. No additional details were …
What to expect from China’s science, tech in 2022
The construction of the space station, a stronger supercomputer, new medicines and low-carbon tech are set to define China’s science and technology sector in 2022. This year, Chinese astronauts will …
Hashtag Trending Jan. 4 – Germany wants to stop data retention; China freezes game licenses; the end of BlackBerry
Files from Tom Li The German government wants to stop data retention without reason, China’s freeze on game licenses shutters 140,000 …
Facial recognition technology: Advent of totalitarian utopia?
In China, Facial Recognition Technology is used to curtail Human Rights. The Chinese Government to fulfill their agenda uses the technology to recognize and surveil the minority Uyghurs Muslim …
China’s New Algorithm Rules Take Aim at Big Tech Companies
China has approved a new regulation to better regulate the use of algorithms — computational sequences widely used by internet and tech companies to engage users — as regulators accelerate efforts to …
Tech stocks drag China, HK stocks lower on Beijing’s new cybersecurity rules
China and Hong Kong stocks fell on Tuesday morning, dragged down by technology shares, as Beijing’s new cybersecurity rules damp sentiment, despite a rebound in property plays.
China Mobile to debut in Shanghai after raising $7.7 billion in China’s biggest offering in a decade
China Mobile will start trading in Shanghai on Wednesday after raising $7.7 billion in China’s biggest public share offering in a decade.
China approves new cybersecurity, algorithm rules to rein in tech sector
China has passed two new rules regulating technology companies’ overseas activities and use of algorithms, marking the latest step by Beijing to rein in …
Musk-led Tesla enters China’s Xinjiang slammed for human rights violation
Elon Musk-run Tesla has opened a showroom in China’s Xinjiang region, criticised globally for serious human rights violations of the Uyghur Muslims and other ethnic and religious minority groups.
China’s Ningxia upgrades 5G transport network with ZTE
ZTE Corporation has helped Ningxia Cable TV Network successfully upgrade its IP transport network, by upgrading the existing ZTE’s core router ZXR10 T8000 single device to cluster.