China Telecom Corp Ltd
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering. The new backers are: China Telecom — one […]
Read MoreU.S. probing China Telecom, China Mobile over internet and cloud risks, Reuters reports citing sources
China Mobile billboard Peter Parks | AFP | Getty Images The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said. Authorities at the Commerce […]
Read MoreInvestment banks say it’s time to get back into China, with Goldman naming 10 top stocks
China’s reopening after weeks of big-city lockdowns is “enticing” investors, according to HSBC , while Goldman Sachs has named a raft of stocks it says are at attractive valuations. Both Shanghai and Beijing have started to relax their Covid restrictions after weeks of strict lockdowns. This opening-up — combined with soaring government investment and plummeting […]
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