revenue-sources Archives

CITIC Securities’ teams up with China Renaissance to serve Internet firms

May 14, 2015 creative china, companies, internet, investment-bank, other-finance, own-brokerage, products-come, revenue-sources, stock-markets, strong-dollar, the-companies, while-sluggish

CITIC Securities Co Ltd, China’s biggest brokerage, will partner with boutique investment bank China Renaissance to provide M&A, restructuring and initial public offering-related services for Internet companies. Well-connected local firms like China Renaissance are seeing a boom as entrepreneur-driven private businesses, particularly in the technology sector, overtake state-owned companies to drive investment banking revenues in China.

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China aims to boost Internet speeds, cut prices

May 14, 2015 admin country, internet, long-bugbears, match-feature, nokia, revenue-sources, the-companies, will-accelerate

China will accelerate development of its high-speed broadband networks to raise Internet speeds and cut prices, long bugbears in a country where many people still have no access to the web. Telecoms firms should make rapid moves to cut prices and increase urban broadband speeds by around 40 percent, according to a statement issued late on Wednesday by China's State Council, the country's cabinet. China's investment in broadband could benefit global network equipment makers such as Ericsson and Nokia Oyj's Alcatel-Lucent, as well as home-grown players like Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp.