Chinese networking giant Huawei said it plans to launch a complete set of commercial 5.5G equipment in 2024 during the Mobile World Congress Shanghai 2023 tradeshow. Huawei said 5G deployment has ... ( read original story ...)
Chinese e-commerce giant Alibaba expands number of physical grocery stores ahead of the unit’s IPO
Alibaba’s grocery unit Freshippo expanded its number of physical stores in China, the company said on Friday, as the business prepares to spin off from its parent company and go public. Freshippo, ... ( read original story ...)
Asia’s Former Richest Man Struggles To Raise Cash Amid Mounting Debts
Wang has been trying to raise funds by listing Zhuhai Wanda Commercial Management, the group’s property management arm, but the prospects look increasingly dim. The unit refiled ... ( read original story ...)
Hong Kong slides into ninth place worldwide for IPOs after fundraising falls to 20-year low in first half of 2023
A total of 28 companies raised US$2.2 billion in the first half, Hong Kong's lowest funding total since 2003, Refinitiv data shows Second-quarter fundraising rose 55 per cent over the first quarter, ... ( read original story ...)
Iran to join Shanghai alliance with China, Russia next week: Lavrov
Iran will be formally approved as a member of the regional Shanghai Cooperation Organisation with China, Russia and Central Asian countries, Russian Foreign Minister Sergei Lavrov said Friday. ( read original story ...)
Huawei Showcases the Next-Generation Wi-Fi 7 FTTR for Home Users at MWC Shanghai
Huawei actively participates in Wi-Fi 7 R&D, and showcased the industry's first tri-band Wi-Fi 7 FTTR that supports XGS-PON at MWC Shanghai recently ... ( read original story ...)
Stock market today: Asian shares are mixed after China reports weaker manufacturing in June
Shares are mixed in Asia after China reported slower factory activity in June due to weaker consumer spending and export demand. Tokyo and Sydney declined while Seoul, Shanghai and Hong Kong ... ( read original story ...)