China's Tencent grabs 830m mobile payment users

GUANGZHOU -- Chinese internet service giant Tencent Holdings now has more than 800 million people using its mobile payment services, having rapidly expanded by tapping the vast user base of its WeChat messaging app. All kinds of businesses accept Tencent's ... ( read original story ...)

China Mobile : service revenue growth hits five-year high

China Mobile, the world’s largest wireless provider by subscribers, booked operating revenue of CNY708.421 billion (USD102.872 billion) for the year to 31 December 2016, equating to a 6.0% increase year-on-year, whilst annual service revenue growth ... ( read original story ...)

China Unicom’s Net Profit Decreased by 94.1%

China Unicom, a state-owned telecommunications operator, had an operating revenue of 274.2 billion yuan in 2016, a 1 percent year-on-year decrease. The company’s net profit for the same year was 630 million yuan, a 94.1 percent year-on-year decrease. ( read original story ...)

China Bets on Sensitive U.S. Start-Ups, Worrying the Pentagon

They can also get an inside glimpse of how technology is being developed and could have access to a start-up’s offices or computers. Trump administration officials and lawmakers are raising broad questions about China’s economic relationship with the ... ( read original story ...)

China Mobile : 2016 Annual Results Presentation

The Company defines EBITDA as profit for the year before taxation, share of profit of investments accounted for using the equity method, finance costs, interest income, other gains, depreciation, amortization of other intangible assets and gain on the ... ( read original story ...)

China Mobile 2016 Net Profit CNY108.7 Billion

China Mobile Ltd.'s (>> China Mobile Ltd.) 2016 net profit rose 0.2% from a year earlier, as strong demand for faster wireless services was offset by intensifying competition that weighed on profitability. China Mobile, the world's top mobile carrier by ... ( read original story ...)

China Mobile Ltd.: 2016 Annual Results Presentation

The Company defines EBITDA as profit for the year before taxation, share of profit of investments accounted for using the equity method, finance costs, interest income, other gains, depreciation, amortization of other intangible assets and gain on the ... ( read original story ...)

What Happened to China Mobile on March 20?

China Mobile (CHL) stock rose 3.9% on March 20, 2017, to close at $58.52. It had risen 5.3% one day previously, on March 19. Notably, the stock has returned 6.4% over the trailing-12-month period and 4.3% in the past month, after falling more than 4% in ... ( read original story ...)