Company Overview and News

Hong Kong stocks rise modestly after Trump comments on trade talks temper optimism over Fed rate increases

11h scmp
The Hong Kong stock market closed higher, with a tepid turnover, after a choppy session on Thursday, as optimism that the US Federal Reserve was unlikely to accelerate the pace of interest rate increases was offset by comments made by US President Donald Trump, which suggested a setback in the US-China trade talks.

Tencent’s WeChat allows residents in China’s most populous province to skip government queues

2018-05-22 scmp
WeChat, China’s most popular smartphone app with more than 1 billion active users, now enables residents in southern China’s Guangdong province to skip the queues at government offices and face-to-face talks with civil servants.

Investors increasingly put their store in data centres amid rapid growth in cloud services

2018-05-22 scmp
As yields and returns in traditional real estate get squeezed, investors are looking at alternative asset classes

HPE To Acquire Plexxi For Software-Defined Networking Tech

2018-05-17 seekingalpha
The deal is one of several by major vendors such as HPE as they seek to bolster their SDN offerings to enterprises making the transition to the cloud.

Borqs Technologies Reports Q1 2018 Results

2018-05-15 globenewswire
Quarterly Revenue jumped 87% over the same period in 2017 Overall Gross Margin Improvement Conference Call on Wednesday May 16, 2018 at 9am ET

Hong Kong prepares for another US$10 billion IPO as China Tower applies to raise capital

2018-05-15 scmp
China Tower, the world’s biggest operator of mobile phone towers, has applied to list its shares in Hong Kong in what could become the city’s second US$10 billion offering this year.

Eutelsat Communications' (EUTLF) CEO Rodolphe Belmer on Q3 2018 Results - Earnings Call Transcript

2018-05-14 seekingalpha
Good day, and welcome to the Eutelsat Communications Third Quarter 2017-'18 Revenues Conference Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Rodolphe Belmer. Please go ahead, sir.

ChinaCache Files 2017 Annual Report on Form 20-F

2018-05-01 globenewswire
BEIJING, May 01, 2018 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (NasdaqGS:CCIH), a leading total solutions provider of Internet content and application delivery services in China, today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2017 with the Securities and Exchange Commission (the "SEC") on April 30, 2018.

Tencent builds giant bomb shelter in this remote Chinese province to house WeChat data

2018-05-01 scmp
Many large technology companies – including Tencent, Alibaba, Foxconn and Apple – have shown strong support for Beijing’s goal to turn Guizhou province into a world-class hi-tech location

ChinaCache Terminated Agreement to Sell Data Center Assets

2018-04-27 globenewswire
BEIJING, April 27, 2018 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH), a leading total solutions provider of Internet content and application delivery services in China, today announced that it has terminated the definitive agreement (the “Agreement”) disclosed on March 6, 2017, to sell 79% of the Company’s equity interest in ChinaCache Xin Run Technology (Beijing) Co.

ChinaCache Appoints Guangsheng Meng as Chief Financial Officer

2018-04-26 globenewswire
BEIJING, April 26, 2018 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH) today announced the appointment of Guangsheng Meng as Chief Financial Officer, effective April 20, 2018. Mr. Meng will lead the financial operations of ChinaCache, including Tax, Treasury, Accounting, Internal Audit, Legal and Investor Relations and report directly to Mr.

Nokia: Capturing Market Share

2018-04-24 seekingalpha
Nokia (NOK) is breaking out higher from beaten down levels as management looks to improve its fundamental operations. Its share price has trended lower over the last decade, but is showing signs of a reversal higher. This is largely due to management's investment in 5G technologies, aiming to capture market share early in the process. Should management's bets prove correct, the company could see growth in both its top- and bottom-line operations.

Finger Motion Updates on Business Development Wins

2018-04-24 globenewswire
HONG KONG, April 23, 2018 (GLOBE NEWSWIRE) -- Finger Motion Inc. (OTC Markets:FNGR) (“Finger Motion” or “The Company”) is pleased to announce two significant business development wins.

3-Plus Customer-Facing 5G Stocks You Didn’t Know About

2018-04-23 investorplace
Most Americans who think of 5G providers will tend to think of AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), T-Mobile US Inc (NASDAQ:TMUS), and Sprint Corp (NYSE:S). These providers will provide most of the 5G service to American customers.

Asia markets: Stocks, oil, dollar and TSMC in focus

2018-04-20 cnbc
Negativity on Wall Street looked set to flow through to Asian markets on Friday, with futures pointing to slightly lower starts for Japan and Australia.

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ACIA: Acacia Communications Analysis and Research Report

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Overview The company's mission is to deliver high-speed coherent optical interconnect products that transform communications networks, relied upon by cloud infrastructure operators and content and communication service providers, through improvements in performance and capacity and reductions in associated costs. By converting optical interconnect technology to a silicon-based technology, a process the company refer to as the siliconization of optical interconnect, the company believe Acacia Communications is leading a disruption that is analogous to the computing industry’s integration of multiple functions into a microprocessor. The company's products include a family of low-power coherent digital signal processor application-specific integrated circuits, or DSP ASICs, and silicon photonic integrated circuits, or silicon PICs, which Acacia Communications has integrated into families of optical interconnect modules with transmission speeds ranging from 100 to 400 gigabits per ...

ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...