China Mobile shares soared more than nine percent on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York amid tensions between Beijing and …
Tagged By technology
China Mobile, biggest IPO in a decade, jumps 10 per cent on debut as investors shrug off valuation, blacklisting fears
China Mobile raised about US$8.8 billion from local investors in December, making it the world’s second biggest IPO in 2021 The A shares were priced about 52 per cent higher than its own shares listed…
China Mobile punches up direct-listing numbers
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…
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 …
