China’s growing appetite for electric vehicles (EVs) is likely to offset any negative impact arising from the 30% cut to buyer subsidies announced by the government on the last day of 2021, sources …
Tagged By technology
China-US space race heats up as Chinese firm plans over 40 launches this year
China’s main space contractor has planned more than 40 space launches this year, further consolidating the nation’s presence in space, which has become another arena for rivalry with the United States …
China Mobile makes Shanghai debut after US exit
China Mobile shares have risen as they started trading in Shanghai after raising $7.7bn (£5.7bn) in China’s biggest public offering in a decade.The shares opened 9.4% higher before easing back in …
China Mobile caps biggest domestic listing in a decade
China Mobile is set to debut on the Shanghai Stock Exchange today, marking the biggest domestic listing in more than a decade. The biggest telecom operator in the world by subscribers, which was …
China Mobile shares open 9per cent higher in Shanghai debut
China Mobile Ltd opened higher on its Shanghai debut on Wednesday after raising 48.7 billion yuan (US$7.64 billion) in China’s biggest public share offering in a decade. China Mobile opened at 63 yuan …
China Mobile shares jump on trading debut in Shanghai after US ouster
The listing will help China Mobile raise funds for expanding 5G infrastructure and developing uses to make it more profitable. . Read more at straitstimes.com.
China Mobile Shares Jump In First Day of Trade in Shanghai
China Mobile Ltd., the country’s largest wireless carrier by sales that was removed from the U.S. market last year, surged in its first day of trade in Shanghai. The state-run company, one of the …
China Mobile surges in Shanghai debut after US delisting
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 …
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 …
