Facebook introduces photo-sharing app in China

The launch of the app comes as China is cracking down on technology that allows web surfers to evade Beijing’s online censorship. (Representational image) Facebook anonymously launched a new photo-sharing app in China in a new effort to make inroads in ... ( read original story ...)

Trump to seek trade probe of China amid NKorea tensions

BEDMINSTER, N.J. (AP) — Even as he seeks Beijing's help on North Korea, President Donald Trump is poised to seek a trade investigation of China for the alleged theft of American technology and intellectual property. Trump is expected to sign an executive ... ( read original story ...)

Hong Kong stocks rebound as technology, energy sectors gain

The Hang Seng Index opened up 0.8 per cent at 27,091.77. The Hang Seng China Enterprises Index, known as the H-share index, also gained 0.8 per cent, to 10,600.18. Technology and energy shares were among the biggest winners at the start of the morning session. ( read original story ...)

Facebook anonymously launched an app in China

The social media company's connection to the app was first reported Friday by The New York Times, which said it was released in China through a separate local company called Youge Internet Technology. The launch of the app comes as China is cracking down ... ( read original story ...)

China Unicom Shares Rally on Strong Profit Growth Forecast

Shares in China Unicom (762.HK) surged as much as 4.6% in Hong Kong trading Monday morning. That came after the state-owned telco put out a positive profit alert after the market’s close Friday evening. Unicom said second quarter profit more than doubled ... ( read original story ...)

China Mobile Reports CNY62.7 Billion Net Profit For H1 2017

China Mobile published its semi-annual report for the first half of 2017, stating that the company realized operating revenue of CNY388.9 billion, a year-on-year increase of 5%; and its net profit was CNY62.7 billion, a year-on-year increase of 3.5%. ( read original story ...)

China SOEs Need More Red Packets

Investors should watch for Chinese state-owned enterprises bearing red envelopes this earnings season. Shares of China Mobile Ltd. bucked the broader market trend Friday to rise as much as 1.7 percent after the telecom operator said Thursday it would pay ... ( read original story ...)

China Unicom reports huge profit rise on business transformation

BEIJING, Aug. 13 (Xinhua) -- China Unicom, one of the country's three state-owned telecommunications carriers, reported a surge in first-half profits due to its efforts in business transformation. In a brief statement to the Shanghai Stock Exchange, the ... ( read original story ...)