The stock of China Mobile Limited (NYSE:CHL) hit a new 52-week low and has $45.11 target or 6.00 % below today’s $47.99 share price. The 8 months bearish chart indicates high risk for the $201.17…
Tagged By technology
China Mobile selects VIAVI for testing 5G launch
China Mobile has selected test and measurement company VIAVI Solutions as part of its strategy to launch 5G service in China by the end of 2019. The US-based VIAVI Solutions is the preferred T&M vendor…
China Mobile Research Institute Enlists VIAVI to Support Introduction of 5G Service
Feb 11, 2018 (ISentia Wire via COMTEX) — VIAVI Solutions VIAV, -0.72% today announced a collaboration with China Mobile Communications Corporation (CMCC) to introduce 5G service in China by the end of 2019. VIAVI is…
China tops global poll for faith in AI technology creating jobs and improving lives
People in China are the world’s most optimistic when it comes to the impact of artificial intelligence on the jobs market and improving their lives, a global survey has found. Some 65 per cent of…
Parametric Portfolio Associates Maintains Position in China Mobile Hong Kong …
Parametric Portfolio Associates Llc increased its stake in China Mobile Hong Kong Ltd Sponsored Adr (CHL) by 8.73% based on its latest 2017Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc bought 41,511 shares…
Chinese oil drilling firm Cosl looks to technology to help transformation drive
China Oilfield Services Ltd (Cosl), the nation’s dominant offshore drilling services provider and sister firm of oil major CNOOC, aims to shed its image as an equipment-driven business to become more of a “technology-heavy” company,…
China’s Tencent to invest $474 million in Shanda Games
BEIJING/SHANGHAI (Reuters) – China’s Tencent Holdings Ltd will invest 3 billion yuan ($474 million) in smaller peer Shanda Games, the target firm said in a statement to Reuters on Friday, a move that will boost…
Technology-enabled Insurance. What Chinese InsurTech Startup CEOs have shared in the InsurStar event
It was founded in 2014 by entrepreneurs from Europe. It is currently located in Shanghai and provides services for customers in China and soon in Southeast Asia. “How technology has changed insurance?” – Roundtable discussion…
Exclusive: China’s Ant plans equity fundraising at potential $100 billion valuation – sources
HONG KONG (Reuters) – China’s Ant Financial Services Group is planning to … the Indian mobile payment and e-commerce website, and Thai financial technology firm Ascend Money. Last month, however, Ant suffered a setback when…
China says “no” to Bitcoin, “yes” to blockchain technology
China is determined to push out Bitcoin, the price of which has drastically halved since it once topped $20,000 a coin, but the country has always been a staunch supporter of blockchain, the underlying technology…
China drafts technology standards for autonomous vehicles: ministry
China is drafting technology standards for autonomous vehicles and setting up test bases, an official said at the State Council Information Office’s press conference on Feb. 7. “We are working with relevant departments to formulate…
China in world-first deployment of experimental electromagnetic rail ‘supergun’ aboard a warship
The US-BAE rail gun is intended to fire a 10kg projectile at Mach 7 (8500km/h) over 150km. China is believed to have acquired a key technology enabling the development of the electromagnetic weapon after the…
China’s Didi, SoftBank target Japan in taxi-hailing push
SHANGHAI/TOKYO (Reuters) – China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to…