Topic
China Mobile Ltd is a state-owned telecom providing mobile voice and multimedia services through a nationwide mobile network. It is listed in New York and Hong Kong.
A deep pool of household savings will encourage more Chinese companies to tap the domestic market, a virtuous circle adding depths to Chinese capital markets while making the US less attractive.
Attempt by companies to relist may be seen as testing the water with new US President Joe Biden and Wall Street, and much may depend on the final decision.
Outgoing US president’s misguided attempt to rattle international investors – including those in Hong Kong – have been defeated for now.
With only days to go before he steps down, the US president continues to hurt the interests of both Beijing and Washington, but the financial cloud may yet have a silver lining for Hong Kong.
Donald Trump was only hurting his country’s own industry and companies by blocking and punishing the Chinese telecoms giant.
Donald Trump would be better off embracing Chinese innovation than persisting with a deeply flawed approach at a time of connected networks and global supply chains.
- The A-shares of 150 dual-listed companies commanded a 42 per cent premium over their H-share counterparts this month, versus a 10-year average of 26 per cent
- Among the biggest discrepancies, the yuan-denominated stock of China Life Insurance is almost three times as expensive as its Hong Kong stock
The 62-year-old was abruptly removed from his post as chairman and party chief at the leading state-owned lender in February.
China Unicom, the country’s third-largest wireless network operator, expects to complete technical research and launch early ‘application scenarios’ for 6G mobile technology by 2025.
China Mobile’s market capitalisation is 2.1 trillion yuan (US$304.8 billion), second only to Kweichow Moutai’s 2.2 trillion yuan, as traders bet the mobile-network operator will benefit from Beijing’s plan to digitise the economy.
China’s three telecom operators, panned as value destroyers in stock markets, are no longer market laggards. Stock returns this year are among the best in the world. Here’s why.
Alibaba Cloud posted a 3 per cent year-on-year revenue increase in the December quarter, marking the subsidiary’s slowest growth last year.
The southern tech hub’s digital infrastructure action plan involves the buildout of 10,000 new 5G base stations this year.
BSN builds adapted versions of public blockchains, including forks of Ethereum, Cosmos and Polygon Edge, without involving cryptocurrencies
Joint venture Unity China, which is valued at US$1 billion, will initially build customised local versions of the US software firm’s core products for domestic video game developers.
China Mobile announced that it would stop providing service for Feixin by the end of September, ending a once-dominant SMS alternative that quickly lost ground to Tencent’s WeChat.
Some users reportedly urged to confirm if they would like to receive overseas calls or texts, or these would be blocked.
Nokia and Ericsson led telecoms equipment sales outside China in 2021, as Huawei struggled with US sanctions and barred from other major 5G markets.
While China’s 5G mobile network is already the world’s biggest, MIIT head Xiao Yaqing said the existing number of base stations ‘is not enough’.
The state-run telecoms giant says in a Canadian lawsuit that former executive Li Xiangdong is living in Vancouver with his wife, both having fled China in 2010.
Project is supported by government and achieved in collaboration with telecoms giant China Mobile and Fudan University.
Stock climbed as much as 10.4 per cent in Shanghai trading as investors shrugged off valuation and blacklisting concerns. It ended the day at 57.88 yuan, or about 42.7 per cent more expensive than its own equity listed in Hong Kong.
Many Chinese companies seeking secondary listings have priced their stocks at significant premium to their Hong Kong-listed shares, a pre-existing condition primarily due to the limited access by mainland investors.
NetEase founder William Ding Lei says the company is readying the technologies needed to build the metaverse, as Tencent, Baidu and others also express interest in the buzzy new concept.
League follows Manchester United with ‘NBA DreamCourts Preview Centres’ with Chinese real estate firm Harves despite ongoing issues keeping games off screens.
China Mobile, China Telecom and China Unicom are expected to roll out their new 5G messaging service, with electronic payment function, this month.
Ping An Insurance joined the list of top 10 most admired companies for the first time in a ranking based on public perception. Dutch semiconductor equipment maker ASML knocked Apple off its perch.
Cracks in China Telecom’s onshore stock, so soon after its trading debut on Friday, spell gloom for investors thinking about buying the next big one from rival China Mobile.
The world’s largest wireless network operator, which listed in Hong Kong in 1997, is returning home to list in Shanghai after it was banished from the New York Stock Exchange in May under the orders of Donald Trump.
The tech giants hope to begin commercial operation of the data connection between the Philippines and California by late 2022.
The world’s largest wireless network operator posted a net profit of US$9.1 billion in the six months through June, up 6 per cent from a year ago.
Telecoms companies in China, the US and South Korea see augmented reality and digital worlds as the key to making back money spent on superfast 5G networks.
The widely used travel history tracking app crashed on Monday morning, causing chaos for commuters in many places across the country.
Canberra supports a plan to buy the phone carrier for US$1.1 billion, amid claims that Chinese ownership could facilitate spying by Beijing.
Huawei and ZTE together won roughly 90 per cent of 5G base station supply contracts for China Mobile and China Broadcasting Network, signalling continuing challenges for Ericsson and Nokia in the country.
