703 MILLION EARS THE BIGGEST AUDIENCE IN THE WORLD China’s unimaginably large mobile phone industry just broke through another barrier today, surpassing 700 million users – 703 million to be exact. That’s twice the population of the United States which has subscribed to one of just three mobile phone companies in all of China. The [...]
China is finally feeling bullish about the stock markets once again. Just last September, Chinese regulatory authorities suspended all new IPOs following a 60% plunge in the stock market. Now the ten-month blackout is coming to an end, signaling a potentially major shift in investor sentiment. Initial public offerings are in the works for Shanghai, Hong Kong and New York.
China Phone Stocks Ringing up Profits! Industry giants China Mobile and China Unicom are currently among the market’s biggest Big Cap gainers. Both companies are soaring in anticipation of a new generation of 3G phones entering the world’s biggest wireless market. For China Unicom (CHU), it’s all about the much-coveted 3g iPhone. Unicom executives have [...]
The investment spotlight has abruptly snapped from Shanghai to Taipei, as we continue to track the world’s fastest-growing stock markets. The market breakthrough started last week when state-owned China Mobile (CHL) agreed to buy 12 percent of Taiwan’s Far EasTone Telecommunications for $529 million. China Mobile’s surprise acquisition of a modest stake in Far EasTone [...]