China’s Selfie App Meitu Debuts On Hong Kong Exchange

China’s popular selfie app developer Meitu made a muted debut on the Hong Kong stock exchange Thursday after the biggest IPO by a technology company in the city in almost a decade. With 456 million monthly active users, the Xiamen-based company targets teenagers and young

UBL Funds Awarded By APICTA 2016

United Bank Limited (UBL) Fund Managers Limited (UBL Funds), an asset management company, has been recognized for its ImPro Application under the category of the Financial Industry Application by APICTA – Asia Pacific ICT Alliance. According to a press release of the Bank issued here

China To Spend 100 Bln U.S. Dollars On Wind Power By 2020

  China will spend a total of 700 billion yuan (102 billion U.S. dollars) on wind power during the 2016-2020 period. Wind power’s share of the overall electricity mix should be increased to 6 percent by 2020, up from 3.3 percent in 2015, according to a National

China Made Pakistan’s First Remote Sensing Satellite Launch In 2018

China will construct and launch two remote sensing satellites one each for Venezuela and Pakistan in the coming two years, an industry insider said. China Great Wall Industry Corp, the nation’s only authorized firm for international space collaboration, will launch Venezuela’s second remote sensing satellite

Chinese Scientists Genetically Modify Human Cells To Cure Cancer

Scientists from China have introduced a new technology of injecting genetically-edited cells in human for first time ever and marking a major breakthrough in field of genetics to cure cancer. The trial involved modifying a patient’s own immune system cells to make them more effective at combating cancer cells

CEO Of Fast-growing Chinese Firm Admits To Cash Shortage

The CEO of Chinese internet firm LeEco has told employees the company grew too quickly and is short of cash, according to a letter seen by Bloomberg News, weeks after it announced its US expansion. Billionaire Jia Yueting said his 12-year-old video-streaming company, which recently bulldozed