BrandZ Includes 15 Chinese Companies in its Global Top 100 Most Valuable Brands
The 15 Chinese brands included in BrandZ’s Top 100 Most Valuable include: Alibaba, Tencent, China Mobile, CBC, Moutai, Huawei, etc.
Alibaba Targets Hong Kong IPO
Bloomberg has reported that Alibaba will choose China International Capital Corp. and Credit Suisse Group AG to lead the share sale for their Hong Kong offering.
Competition Heats up as China Issues 5G Licenses to Major Carriers
On June 6, the Ministry of Industry and Information Technology officially granted 5G licenses for commercial use, marking China’s official entry into the 5G era.
Baidu Fills CTO Position After Decade of Vacancy
Baidu announced on May 31 that their Senior Vice President, Wang Haifeng, has been promoted to Chief Technology Officer (CTO).
Chinese Research Body Breaks Ties With IEEE Division Over Huawei Controversy
Beijing-based China Computer Federation (CCF) has cut ties with a publications division of the Institute of Electrical and Electronics Engineers (IEEE) on May 30, following IEEE’s ban on Huawei.
IEEE Forced to Ban Huawei Employees From Peer-Reviewing Papers
Today, IEEE sent an email to its editors, saying “we cannot use colleagues from Huawei as reviewers or Editors for the peer-review process of our journals,” because the US government has put Huawei on its BIS list.
Huawei CEO Ren Zhengfei: Strong Education Foundation Will Shape China Into A Truly Prosperous Country
“I love this country [China], and I hope that it will be prosperous and no longer be bullied by others,” Huawei CEO Ren Zhengfei told his interviewer on Sunday.
Lenovo’s Comment On Sino-U.S. Trade War Sparks Anger Across Chinese Social Media
Chinese multinational technology firm Lenovo stated that it can shift production to other countries if the U.S. slaps additional tariffs on China.
Xiaomi Vice President Fired For “Obscenity”
On May 23, Chinese smartphone maker Xiaomi fired its vice president Wang Lingming for violating the article 44 of China’s public safety law.
Huawei and DJI Listed Twitter’s Chinese Brands Going Global
Twitter and FTChinese.com jointly released Twitter’s Report on Influences of Chinese Brands Going Global 2019, which focuses on high tech, gaming, mobile apps and cross-border e-commerce industries.
DJI Drones Under Siege by the US Department of Homeland Security
On Monday, The US Department of Homeland Security (DHS) issued a warning notice to US firms, expressing concerns over Chinese-made drones possibly posing risks to their company data.
Baidu Posts First Quarterly Loss Since IPO
This Thursday on May 16, Baidu Inc. released its unaudited first quarter financial results for the quarter ended March 31, 2019.
Huawei CFO Thanks Employees In Her First Public Letter
Huawei’s Chief Financial Officer Meng Wanzhou wrote a letter on May 9 to Huawei employees, thanking them for their support following her arrest. The letter is her first public comment since she was detained last December.
Xiaomi Obtained Hong Kong Virtual Bank License
On May 9th, 2019, a joint venture under Xiaomi and independent investment bankAMTD Group called Insight Fintech HK has been granted a Hong Kong virtual bank license, according to the Hong Kong Monetary Authority (HKMA).
Tencent’s Pony Ma Declares Company’s New Mission And Vision Statement — Tech For Social Good
Tencent CEO Pony Ma has stipulated the Chinese tech giant’s new mission statement and vision statement through WeChat yesterday in four words: tech for social good.