Fifteen years ago, some staid Chinese manufacturers got sexy by calling themselves Internet companies, and China Unicom's latest move into the very busy fintech sector harkens back to that era. Chinese telecom operator China Unicom just held the opening ceremony for its financial company Unicom Group Finance Company Limited, and the China Banking Regulatory Commission Beijing Office issued a financial license to the company during the ...
Chinese telecom operator China Unicom announced its financial report for the first three quarters of 2014, stating that by September 30 its operating revenue reached CNY215.34 billion, a year-on-year increase of 5.3%; while its net profit reached CNY10.56 billion, a year-on-year increase of 36.1%. For the mobile sector, China Unicom's revenue during the reporting period was CNY119.1 billion, the number ...
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