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China Mobile Ltd

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  • SHANGHAI, Jan 28- Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. "In the long run Xiaomi is more of a threat to Apple than say Samsung," said Ben Thompson, analyst at Stratechery.com. Instead, Apple plans to...

  • China stocks extend slide, Hong Kong edges up Tuesday, 27 Jan 2015 | 11:46 PM ET

    SHANGHAI, Jan 28- China stocks fell on Wednesday on concerns about tighter liquidity and a fresh slide in oil prices, but Hong Kong managed to eke out gains as telecommunications counters climbed. In Hong Kong, the Hang Seng index rose 0.3 percent to 24,889.02 points, buoyed by telecommunications, with industry heavyweight China Mobile rising 1.8 percent.

  • Jan 27- Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. Apple's cash pile is now $178 billion, enough to buy IBM or the equivalent to $556 for every American.

  • Jan 27- Apple Inc quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the United States remained the top iPhone market. Apple Chief Financial Officer Luca Maestri told Reuters in an interview that the company did not sell more iPhones in China...

  • Jan 27- Apple Inc posted a far better-than-expected 29.5 percent jump in quarterly revenue, driven by record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China. Apple Chief Financial Officer Luca Maestri told Reuters that the company did not sell more iPhones in China than the United States, despite some earlier...

  • China buying more iPhones than US Sunday, 25 Jan 2015 | 7:38 PM ET

    Apple expected to report more iPhone sales in China than in the US, highlighting the shifting power balance of the smartphone market, the FT reports.

  • Your first trade for Wednesday Tuesday, 16 Dec 2014 | 6:16 PM ET

    The "Fast Money" traders give their final trades of the day.

  • BEIJING, Dec 15- China stocks fell on Monday as retail investors stopped ploughing money into blue chips and backed off from margin trading, two major factors behind a huge market rally in recent weeks. "The aggressive stocks and margin financing actually go together, it's margin financing's facilitator," said Xue Caofeng, head of research at Huaxi securities.

  • ‘Heydays’ in China’s smartphone market are over Wednesday, 3 Dec 2014 | 5:43 PM ET

    Blockbuster growth in China's smartphone sector has come to an end as mobile carriers scale back on subsidies and the market approaches saturation, says IDC.

  • *China encourages infrastructure firms to invest overseas. SHANGHAI, Nov 4- China shares were flat on Tuesday morning after a five-day rally as profit taking capped gains in engineering and machinery companies, which rose after Beijing encouraged infrastructure firms to invest abroad. Shares in infrastructure firms were the biggest gainers, with market...

  • *Liquidity concerns weigh on China shares. *Hong Kong main index down on Wall St loss. SHANGHAI, Oct 23- China shares fell to one-month lows by midday on Thursday, dampened by concerns over liquidity amid a rush of initial public offerings as well as profit-taking pressure.

  • Hong Kong shares end flat, dampened by weak China data Tuesday, 21 Oct 2014 | 4:12 AM ET

    SHANGHAI, Oct 21- Hong Kong shares ended flat on Tuesday following weakness in the local currency and concerns over whether upcoming talks between the government and pro-democracy protestors would end the current stalemate. Analysts said that while there was some optimism that mainland China would roll out more policies to support slowing growth momentum,...

  • Asian share markets were mostly lower on Tuesday following a mixed morning session as investors digested key data from China.

  • China Mobile sales fall for first time since 2009 Tuesday, 21 Oct 2014 | 1:08 AM ET

    China Mobile's quarterly revenue fell year-on-year for the first time as it struggles in the face of rising competition from popular messaging apps.

  • China shares slip on GDP data; Hong Kong edges lower Tuesday, 21 Oct 2014 | 1:08 AM ET

    SHANGHAI, Oct 21- China shares eased on Tuesday, with pharmaceutical and property sectors hit by profit-taking and weak economic data, but losses were limited on optimism the government will roll out more policies to help industry amid a slowing economy. "In China, the economic environment is not the only factor driving the market. Other issues, such as government...

  • China sees tech cure for health-care woes Tuesday, 14 Oct 2014 | 8:02 PM ET

    Technology is widely used in developed markets, but the size and scale of China make this a huge opportunity for tech firms and a problem for doctors.

  • HANGZHOU, China, Oct 15- Liu Chunming almost died after a car crash in July in Taihe, a remote county in China's southeast Jiangxi province, but survived serious abdominal injuries thanks to specialist doctors who led his treatment from 1,000 kms away. Liu's case- one of a growing number of distance healthcare cases in China- reflects the rise in digital healthcare,...

  • Hong Kong shares edge up, led by China Mobile Monday, 13 Oct 2014 | 4:10 AM ET

    SHANGHAI, Oct 13- Hong Kong shares erased morning losses on Monday due to strength in blue-chip stocks led by China Mobile, which rose after signing a business deal with Deutche Telekom. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.2 percent. China Mobile gained 1.8 percent, following a agreement it signed with...

  • *Hong Kong down on weak overseas markets. The Hang Seng Index fell 0.7 percent to 23,253.06 points by midday while the China Enterprises Index of the top Chinese listings in Hong Kong was off 0.8 percent. "The latest property policy had some impact on the performance of the sector today," said Du Changchun, analyst at Northeast Securities in Shanghai, referring to...

  • Apple iPhone 6 just start of 'huge cycle': Analyst Wednesday, 17 Sep 2014 | 1:28 PM ET
    Apple CEO Tim Cook shows off the new iPhone 6 on Sept. 9, 2014 in Cupertino, Calif.

    Apple stock is worth buying following the company's latest product launches, Cantor Fitzgerald's Brian White says.