Comba Telecom rings up red ink on 5G spending slowdown
The network equipment supplier said it would report a HK$160 million loss in the first half of this year, as it fell into the red for the first time since…
Slipping AsiaInfo dials up revenue contraction, losses
The telecommunications software maker said its revenue fell about 10% in the first half of the year, as it lost money for the first time since its 2018 Hong Kong…
Stimulus moves give China and Hong Kong stocks a lift
China has launched a rescue mission for slumping Hong Kong and mainland share markets after the Hang Seng index fell below 15,000 points Key Takeaways: Beijing is rolling out a…
Stiff competition, weak margins put high pressure on Baishan Cloud’s IPO parade
The company aims to become Hong Kong’s first stock offering edge cloud services, which make high-speed cloud computing from remote locations more efficient Key Takeaways: Baishan Cloud has filed for…
CHINA BULLETIN: It’s the Economy, Stupid, Part 2
In this week’s issue it’s all about the economy in 2023, and “Avatar” swims to the top of China’s box office. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.
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