26 February 2020


  • China Mobile is facing criticism in the mainland that it is offering far better deals to its Hong Kong customers. Photo: Bloomberg

    Is China Mobile shortchanging its mainland customers?

    - Apr 7, 2014 7:56am
    China Mobile has been under fire in the mainland over its pricing practices, with critics pointing out that the company is charging much higher service fees in China when compared to what it levies on its...
  • Ernst & Young senior partner Keith Pogson says Yu'E Bao will have to get real about interest rates and banks will ultimately become tech companies as well.

    Yu’E Bao — Why bigger can’t be better

    - Apr 7, 2014 7:00am
    There’s a price to pay for size. And when you’re growing like Alibaba’s Yu’E Bao online money market fund, you’re liable to brush up against a wall. That wall would be the price you pay to...
  • Alipay offers 20% discount on carpark fees, paper says

    Apr 4, 2014 2:55pm
    Alibaba Group Holding Ltd.’s third-party payment service Alipay is offering users a 20 percent discount off parking fees if they pay with its electronic wallet at designated car parks, the Beijing Business Today reported Friday. At...
  • China Mobile inks reselling agreements with 17 firms, paper says

    Apr 4, 2014 11:23am
    China Mobile Ltd.(00941.HK) on Wednesday entered into mobile services reselling agreements with 17 companies, making a move as the Ministry of Industry and Information Technology (MIIT) is expected to approve the third batch of virtual operator...
  • Tie-ups with e-commerce firms can provide succor to struggling newspapers. Photo: Bloomberg

    Look who’s throwing a lifeline to newspapers

    - Apr 4, 2014 8:36am
    Newspaper executives around the world are at their wit’s end trying to figure out ways to cope with the onslaught of the internet. With readers and advertising dollars migrating to the online world, the print media’s...
  • Shanghai Ace buys mobile game firm for 1.2 bln yuan, filings say

    Apr 4, 2014 8:23am
    Coal seller Shanghai Ace Co. Ltd. (600652.CN) will acquire the entire stake of mobile game developer U9time for 1.18 billion yuan (US$190.05 million), according to regulatory filings released on Friday. Ace expects the acquisition to help...
  • VAT reform for telecom industry put off to June 1, paper says

    Apr 3, 2014 12:40pm
    Chinese authorities are said to have put off until June 1 a program to replace the telecom sector’s business tax with value-added tax (VAT), China Times reported Thursday. The original schedule for the launch had been...
  • Jack Ma snaps up 20.6% of Hundsun Technologies, paper says

    Apr 3, 2014 10:58am
    Hundsun Group has agreed to sell its entire stake in financial software and online service provider Hundsun Technologies Inc. (600570.CN) to Zhejiang Finance Credit Network Technology Co. Ltd., a  company controlled by Alibaba founder Jack Ma, Securities Times...
  • revamps business in lurch to IPO, paper says

    Apr 3, 2014 9:04am
    Electronic commerce website said it will split up into four companies in what could be a step toward a public listing, National Business Daily reported Thursday. Founder Liu Dongqiang will become chief executive of Jingdong Group which...
  • Youku is developing programs for China's growing legions of smartphone users. Photo: Bloomberg

    Hard lines and soft touches: New trends in online video

    - Apr 3, 2014 8:22am
    The market is projected to double in just a few years but there’s no sure bet on how to capture it. Internet consultancy IResearch forecasts that online video on the mainland will probably be worth 17.8 billion...
  • Weibo Corp.'s US offering values the company at US$5.5 billion. It makes its NASDAQ debut against a backdrop of weak valuations. Photo: Bloomberg

    Is US still the best market for Chinese stocks?

    - Apr 2, 2014 3:26pm
    A United States listing is a badge of honor for many companies, virtually guaranteeing overnight fame and sky-high valuations. But that idealized version of the US stock market is beginning to fray and investors are waking...
  • ZTE enlists staff in social network direct sales, paper says

    Apr 2, 2014 12:38pm
    ZTE Corp. (00763.HK) is testing a new line in direct sales, encouraging employees to promote ZTE smartphones through their social network accounts and rewarding them with a commission for every purchase, the 21st Century Business Herald...
  • ZTE reaps a publicity windfall as China’s First Lady

    ZTE embraces online sales to dial up handset business

    - Apr 2, 2014 11:16am
    Among the various social events attended by Chinese President Xi Jinping {習近平} and his wife Peng Liyuan {彭麗媛} during their Europe trip was a football match in Berlin between youth clubs from China and Germany. As...
  • Tencent chief Pony Ma has a mild, calculated approach to regulatory issues concerning third-party online payment services. Photo: Bloomberg

    Alipay and Tenpay: Two peas in a pod, nothing more

    - Apr 2, 2014 8:26am
    By all appearances, Alibaba founder Jack Ma and his Tencent (00700.HK) rival, Pony Ma, are aligned in at least one aspect of their sprawling businesses. Both are on one side of a battle over third-party online...
  • The entry of new players in China's mobile market is expected to bring down service fees for customers. Photo: Bloomberg

    The game-changing promise of new mobile entrants

    - Apr 2, 2014 7:48am
    Mobile phone services are expected to cost much less in China later this year as more than 20 mobile virtual network operators enter the market. The Ministry of Industry and Information Technology, the nation’s telecoms watchdog,...
  • Alibaba may take stake in Hundsun Tech, paper says

    Apr 1, 2014 2:35pm
    Alibaba Group is believed to be setting its investment sights on financial software provider Hundsun Technologies Inc. (600570.CN) after the internet giant forked out HK$5.37 billion (US$692.25 million) to co-develop online-to-offline business with Intime Department Store (Group) Co....
  • Alibaba’s Yule Bao lures 100,000 investors on debut, paper says

    Apr 1, 2014 2:15pm
    Alibaba Group’s new online insurance management fund Yule Bao (Entertainment Treasure) attracted nearly 100,000 subscribers on its inaugural sale on Monday, the Securities Times reported Tuesday, citing the fund’s official microblog. The “Tiny Times” movie series...
  • Nubia gets lift from first lady smartphone snaps, paper says

    Apr 1, 2014 12:17pm
    Daily sales of the ZTE Nubia Z5 mini smartphone used by President Xi Jinping’s {習近平} wife, Peng Liyuan {彭麗媛}, during their trip to Europe doubled on e-commerce site Monday, the Beijing Times reported Tuesday. The smartphones...
  • Huawei tops Ericsson in revenue for first time, paper says

    Apr 1, 2014 8:16am
    Huawei Technologies Co. posted revenue of 239 billion yuan (US$38.44 billion) for 2013, up 8.5 percent, pushing it past Ericsson for the first time in the global networking and telecommunications equipment market, Shanghai Securities News reported Tuesday. Huawei...
  • HTC has markedly improved its time-to-market performance. As a result

    How M8 smartphone could change HTC fortunes

    - Apr 1, 2014 7:52am
    Taiwan smartphone maker HTC Corp. (02498.TW) is betting on its latest flagship, HTC One (M8), to turn its fortunes around. The company has been losing ground to Apple Inc. and Samsung Electronics, not to mention some...