SHANGHAI, Aug 21 (Reuters) – Hong Kong shares finished higher on Monday, supported by strong performance in energy and telecoms firms after China Unicom’s ownership reform plan was given the green light by China’s securities…
Tagged By mobile
China Mobile : 4G net adds rise to 12.32m in July
4G mobile customers in July, faster than the pace of 10.419 million in the previous month, bringing the total 4G customer size to 606 million. The net additional customers for July amounted to 3.351 million,…
Chinese tech giants battle for mobile payments market
A pitched battle between China’s technology titans for control of the world’s largest mobile-payments market is starting to ripple overseas. The biggest combatant is Ant Financial Services Group, an affiliate of e-commerce giant Alibaba and…
China regulator says Unicom reform plan does not violate rules, shares surge
HONG KONG (Reuters) – China Unicom’s $11.7 billion ownership reform plan does not violate rules, the nation’s securities regulator said, helping shares in the telecom group’s units surge as they resumed trade on Monday after…
China Unicom Shanghai unit says to raise $11.7 billion
HONG KONG (Reuters) – China United Network Communications Ltd (600050.SS), the Shanghai-listed unit of telecoms group China Unicom, said it plans to raise 61.73 billion yuan ($9.25 billion) in a private placement. In addition, the…
CORRECTED-China Unicom Shanghai unit says to raise $11.7 bln
(Corrects to remove reference in headline and first paragraph to figure being less than previously announced, adds additional funds to be raised in 2nd and 3rd paragraphs) HONG KONG, Aug 21 (Reuters) – China United…
China Unicom Shanghai unit says to raise $9.25 billion, less than flagged
HONG KONG (Reuters) – China United Network Communications Ltd (600050.SS), the Shanghai-listed unit of telecoms group China Unicom, said it plans to raise 61.73 billion yuan ($9.25 billion) in a private placement, more than $2…
China’s Biggest Mobile Payment Solutions Are Taking Root In U.S. and Europe
I was in a taxi in Singapore last week and I couldn’t help but notice the sticker affixed to the back of the driver’s seat. In English and Chinese it read, “We accept Alipay.” It…
China Mobile (Hong Kong) (CHL) Given Daily Media Sentiment Score of 0.29
Press coverage about China Mobile (Hong Kong) (NYSE:CHL) has trended positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources…
China Unicom’s $12 billion ownership-reforms plan mired in confusion
HONG KONG (Reuters) – Telecoms group China Unicom’s $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising…
China Unicom shares still halted amid confusion over $12 bln fundraising
HONG KONG (Reuters) – China Unicom’s two main units said on Thursday their shares would remain suspended until further notice, amid uncertainty over details of a $11.7 billion fundraising that is expected to be a…
China cracks down on VPN vendors
China’s latest crackdown on those attempting to skirt state censorship controls has seen it warn e-commerce platforms over the sale of illegal virtual private networks (VPNs). Five websites, including shopping giant Alibaba, have been asked…
China Mobile 4G subscriber base reaches 606 million
China Mobile announced the latest subscriber additions for its 4G, wireless and wireline broadband business in July 2017. China Mobile’s 4G subscriber base reached 605.973 million in July 2017 from 593.651 million in June 2017.…
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