International Business News - CHU http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Chinese shares dropped Wednesday, led by declines for financial and telecoms stocks as the global market crisis worsened. The benchmark Shanghai Composite Index fell 3.04 percent, or 65.61 points, to close at 2,092.22. The Shenzhen Composite Index for China's smaller second market declined 2.64 percent to 570.65. http://www.ibtimes.com/articles/20081008/china-shares-drop-as-market-crisis-worsens.htm Wed, 08 Oct 2008 07:22:24 EDT Regulators have ordered China's phone companies to share their networks amid an industry restructuring that is to clear the way for introduction of third-generation mobile phone service in the world's biggest mobile market. http://www.ibtimes.com/articles/20081007/china-orders-phone-companies-to-share-networks.htm Tue, 07 Oct 2008 07:35:07 EDT Shareholders have given final approval to a merger of phone companies China Unicom Ltd. and China Netcom Corp. in a government-mandated industry restructuring, the companies announced Thursday. http://www.ibtimes.com/articles/20080918/shareholders-ok-merger-of-chinas-unicom-netcom.htm Thu, 18 Sep 2008 09:14:32 EDT China Unicom Ltd. shareholders have approved the sale of one of its mobile phone networks and plans to combine with another Chinese carrier in a government-orchestrated industry restructuring, Unicom said Wednesday. http://www.ibtimes.com/articles/20080917/china-unicom-shareholders-ok-merger.htm Wed, 17 Sep 2008 10:25:46 EDT China has eased access for foreign investors to its booming telecommunications industry by cutting minimum required investments but retained a ban on foreign majority ownership of ventures. http://www.ibtimes.com/articles/20080913/china-eases-limits-on-foreign-telecom-investment.htm Sat, 13 Sep 2008 06:16:12 EDT Among the earnings stories for Monday, Aug. 25, from AP Financial News: SIOUX FALLS, S.D. (AP)--China-based A-Power Energy Generation Systems Ltd. on Monday reported a 4 percent profit increase in the second quarter, spurred by ongoing distributed power generation projects and wind turbine production. http://www.ibtimes.com/articles/20080825/earnings-roundup-a-power-energy-gilat-satellite.htm Mon, 25 Aug 2008 10:11:31 EDT China Unicom Ltd., the country's second-largest mobile phone carrier, reported Monday its first-half profit doubled and said it was close to completing a planned merger with a fixed-line carrier. http://www.ibtimes.com/articles/20080825/china-unicom-says-1h-profit-more-than-doubles.htm Mon, 25 Aug 2008 06:41:33 EDT It was rocky first half of 2008 for those investing in emerging markets, as everything from the U.S. subprime mess to snowstorms and earthquakes jolted confidence in the historically high-growth sector. http://www.ibtimes.com/articles/20080630/adrs-in-focus-emerging-markets-poor-start-to-08.htm Mon, 30 Jun 2008 15:33:57 EDT An index of Chinese ADRs advanced on Wednesday, after China's heavily watched index advanced and a decline in oil prices boosted Wall Street. China's benchmark Shanghai Composite Index climbed 3.6 percent to 2,905.01 as buying in oil companies led Chinese stocks higher. http://www.ibtimes.com/articles/20080625/adrs-in-focus-china-adr-index-rises.htm Wed, 25 Jun 2008 15:15:18 EDT Shares of China Unicom Ltd. trading on U.S. exchanges fell in Tuesday afternoon trading after the mobile phone company posted plans to take over a fixed-line provider and sell off a mobile business, news that led an analyst to cut his rating. http://www.ibtimes.com/articles/20080603/adrs-in-focus-china-unicom-shares-slide.htm Tue, 03 Jun 2008 15:08:13 EDT Hong Kong stocks declined Tuesday as telecom companies plunged a day after two major deals were announced in a government shake-up of the telecommunications industry. http://www.ibtimes.com/data/articleimgs/61544-hong-kong-markets.jpg http://www.ibtimes.com/articles/20080603/hong-kong-stocks-fall-on-telecom-deals.htm http://www.ibtimes.com/articles/20080603/hong-kong-stocks-fall-on-telecom-deals.htm Tue, 03 Jun 2008 06:56:50 EDT Hong Kong shares were lifted Monday by expectations of a slowdown in China's inflation this month and as gains on mainland exchanges spurred buying in China-linked heavyweights. http://www.ibtimes.com/articles/20080602/hk-shares-rise-with-china-heavyweights.htm Mon, 02 Jun 2008 07:11:17 EDT China pressed ahead with a restructuring of its telecommunications market Monday as mobile phone company China Unicom Ltd. announced plans to take over a fixed-line provider and sell off a mobile business. http://www.ibtimes.com/data/articleimgs/60730-hong-kong-china-telecom-overhaul.jpg http://www.ibtimes.com/articles/20080602/china-unicom-to-acquire-china-netcom.htm http://www.ibtimes.com/articles/20080602/china-unicom-to-acquire-china-netcom.htm Mon, 02 Jun 2008 10:21:13 EDT Mobile service provider China Unicom Ltd. is acquiring fixed-line China Netcom Group Corp. in a share swap valued at $56.3 billion, based on Unicom's stock last traded price. http://www.ibtimes.com/articles/20080602/china-unicom-to-acquire-china-netcom.htm Mon, 02 Jun 2008 06:23:11 EDT China's phone companies will merge into three large groups in a long-awaited government restructuring of its giant telecoms market that could lead to billions of dollars in new orders for foreign equipment suppliers. http://www.ibtimes.com/data/articleimgs/55407-china-mobile-phones.jpg http://www.ibtimes.com/articles/20080526/china-unveils-telecom-restructuring.htm http://www.ibtimes.com/articles/20080526/china-unveils-telecom-restructuring.htm Mon, 26 May 2008 10:27:17 EDT China's biggest mobile phone company will take over a smaller fixed-line carrier, a state news agency said Friday, in what was expected to be the start of a sweeping industry restructuring. http://www.ibtimes.com/articles/20080523/chinas-telecom-restructuring-may-be-under-way.htm Fri, 23 May 2008 12:07:39 EDT An index of emerging markets ADRs remained flat in afternoon trading Friday as investors faced a slew of economic data, including low American consumer confidence and high oil prices. http://www.ibtimes.com/articles/20080425/adrs-in-focus-emerging-markets-index-unchanged.htm Fri, 25 Apr 2008 15:51:44 EDT U.S.-traded shares of China Unicom are falling after a downgrade from a Deutsche Bank analyst who says the mobile phone carrier will need about three years to catch up to its "larger and better regar... http://www.ibtimes.com/articles/20080402/china-unicom-shares-slide-on-downgrade.htm Wed, 02 Apr 2008 14:53:11 EDT Shares of China Unicom are declining, after a Goldman Sachs analyst said the mobile phone carrier's operations are still struggling. Goldman Sachs analyst Helen Zhu called China Unicom's fiscal 2007 results "lukewarm," with margins dipping noticeably during the fourth quarter and sales rising 4 percent from a year ago. http://www.ibtimes.com/articles/20080328/adrs-in-focus-china-unicom-declines.htm Fri, 28 Mar 2008 15:56:10 EDT China's main mobile phone company said Friday it will launch trial service of the homegrown Chinese next-generation standard next week, possibly moving the huge market closer to the long-anticipated rollout of new services. http://www.ibtimes.com/articles/20080328/china-to-launch-trial-of-3g-phones.htm Fri, 28 Mar 2008 07:13:36 EDT