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Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019

CAICT, 7/08/20

As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion

JD.com, 6/19/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More

Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019

CAICT, 4/09/20

As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network

China Unicom, 9/09/19

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More

Shanghai Leads China with 90% 4G Penetration Among Mobile Subs in June 2019

MIIT, 7/24/19

China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of June 2019. Read More

Shanghai Leads China with 89% 4G Penetration Among Mobile Subs in May 2019

MIIT, 6/28/19

China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of May 2019. Read More

Shanghai Leads China with 88.5% 4G Penetration Among Mobile Subs in April 2019

MIIT, 5/23/19

China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of April 2019. Read More

Shanghai Leads China with 89.5% 4G Penetration Among Mobile Subs in March 2019

MIIT, 4/25/19

China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of March 2019. Read More

Shanghai Leads China with 89% 4G Penetration Among Mobile Subs in February 2019

MIIT, 3/26/19

China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of February 2019. Read More

Qihoo 360 to Backdoor List in China at RMB 50 Bln Valuation

SJEC, 11/03/17

Chinese internet services and security software provider Qihoo 360 will complete a backdoor A-shares listing in China through Jiangnan-based SJEC Corporation (601313.SH), at a valuation of RMB 50.416 bln, according to a restructuring plan released recently by SJEC. Read More