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 …
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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.
Focus sharpens on China’s tech
The House-passed measure designed to force China’s ByteDance to divest TikTok is only part of an expanding effort aimed at curtailing China’s tech ties to the United States. As lawmakers were …
Longi Layoffs Speed Shift in Solar Production Away From China
Layoffs at Longi Green Energy Technology Co., the world’s biggest solar manufacturer, will likely accelerate a global rebalancing of production capacity away from China.
China accuses Evergrande Group of $78 billion fraud, among worst ever
It fuels concern about how widespread such accounting issues are, just as the new China Securities Regulatory Commission chairman is trying to tighten oversight …
Hong Kong stocks slip on weak Chinese corporate earnings, with Wuxi Apptech, Wuxi Biologics, Xpeng leading decline
Fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs Sentiment remains cautious ahead of the Fed’s meeting later this week Hong …
Ships, Not Chips, Could Offer China an Edge
The US should be pragmatic when it comes to rebuilding its maritime capacity, and look to friendly nations like Korea and Japan for help.
China Market Update: Growth Stocks & Sectors Lead China Markets Higher
Southbound Stock Connect volumes were moderate as Mainland investors bought a net $374 million worth of Hong Kong stocks and ETFs, including Kuiashou, China Mobile, and Xiaomi, which were small net …
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