China Telecom Corp Ltd

Chinese smartphone company Honor gets new investors as it gears up for IPO
World

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 […]

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U.S. probing China Telecom, China Mobile over internet and cloud risks, Reuters reports citing sources
World

U.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 […]

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Investment banks say it’s time to get back into China, with Goldman naming 10 top stocks
World

Investment 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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