A man walks by an electronic board displaying stock prices at a brokerage house in Beijing on June 6, 2019. Photo: Associated Press

Shanghai posts sixth straight day of losses while Hong Kong gains as fears of oil glut are added to jitters around ongoing trade war

  • June could end up worse than May in Hong Kong, says one analyst
  • Energy stocks lead declines as prices fall, US inventories jump
Topic |   Stocks Blog

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A man walks by an electronic board displaying stock prices at a brokerage house in Beijing on June 6, 2019. Photo: Associated Press
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The award of commercial 5G licences may push the country’s three telecoms network operators to accelerate their 5G mobile network roll-out plans, an analyst said. Photo: Reuters

China awards 5G licences to country’s major telecoms network operators, cable network giant

  • Hong Kong-listed carriers China Mobile, China Unicom and China Telecom, as well as China Broadcasting Network, were granted licences
  • Move comes after US government put telecoms gear provider Huawei Technologies on trade blacklist
Topic |   US-China tech war

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The award of commercial 5G licences may push the country’s three telecoms network operators to accelerate their 5G mobile network roll-out plans, an analyst said. Photo: Reuters
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