chinese

Huawei and AT&T Deal to End

Huawei and AT&T Deal to End

Chinese phone maker Huawei Technologies Co. Ltd. is expected to cut ties with AT&T Inc.(NYSE: T) following national security concerns and harder line on policies on issues ranging from Beijing’s role in restricting North Korea to Chinese e..

Ctrip.com Stock Down After Q2 Financial Results

Ctrip.com Stock Down After Q2 Financial Results

Ctrip.com International Ltd. (NASDAQ: CTRP), a Chinese travel service agency, released its second quarter for the fiscal year.The company reported that net revenue of RMB6.4 billion, up 45 percent from RMB4.54 billion year over year. The company rep..

Momo Beats Q2, But Shares Plummet Over 19%

Momo Beats Q2, But Shares Plummet Over 19%

Momo Inc. (NASDAQ: MOMO) reported its second quarter earnings and beat estimates, but despite strong results, shares plummeted down over 19 percent during Tuesday’s trading hours.The Chinese social media company posted revenues for the second ..

Chinese Cabinet Stops Foreign Acquisitions

Chinese Cabinet Stops Foreign Acquisitions

The Chinese government is all set to put a full stop to acquisitions outside the country by domestic businesses. The move is being touted as a means to ensure that Chinese businesses do not take on excessive debt. A document has been released by the..