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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.
Trades in local dollar or yuan in city stock market will offer greater choice to those investors seeking to diversify not only in shares but also currencies.
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 FCC has cited national security concerns in revoking or denying Chinese companies’ rights to provide US telecoms services.
Among those to sign partnership deals with Hong Kong-Shenzhen Innovation and Technology Park are top firms from nine major economies.
Hong Kong’s ambitions of establishing itself as a global technology and research hub received a shot in the arm on Friday after two companies announced expansion and investment plans for the city.
The company noted in its most recent financial report that uncertainties in the Sino-Swedish relationship is a major business risk.
Users of digital wallets from China Mobile, China Telecom and China Unicom can now make payments by scanning WeChat QR codes, in Tencent’s latest effort to improve interoperability of tech services under Beijing’s directive.
Huawei says 5.5G can offer a tenfold increase in speed over existing networks, providing more efficient power consumption for consumer and industrial uses.
Chinese tech giants are the main attraction at the three-day World Artificial Intelligence Conference in Shanghai, as US firms maintain their distance.
The rotating chairwoman at Huawei told the audience at the MWC Shanghai trade show that 5G connections worldwide are expected to reach 5 billion by 2030, up from 1.5 billion connections this year.
Industry executives say 5G has changed the lives of its users, enabling new capabilities such as live-streaming e-commerce from rural farmland.
MWC Shanghai, the regional edition of the world’s largest mobile communications industry trade show, marks its first decade in China this year.
Chinese telecoms giant Huawei will supply over half of the base stations for China Mobile’s 5G network between 2023 and 2024, in a deal that will bring in more than US$570 million of much needed revenue.
Flurry of public appeals is part of drive to combat rampant online fraud by scaling down mobile users’ exposure to platforms seen as hard to police.
The yuan-traded shares of 150 dual-listed companies commanded a 42 per cent premium over their Hong Kong-listed shares this month, versus a 10-year average of 26 per cent.
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.