Hong Kong stocks of SMIC (00981.HK) and ZTE (00763.HK) fell more than 4%.
Hong Kong stocks ZTE (00763.HK) rose more than 10%, turnover exceeded 1 billion Hong Kong dollars.
The official account of the Fujian High Court announced a typical case of cracking down on the new type of illegal and criminal governance of telecommunications networks, among which the trial organs of Longyan City tried a large cross-border telecommunications network fraud case according to law, and the public security organs seized the cash involved and a large number of houses, cars, gold, precious watches, virtual currencies, etc. worth nearly 200 million yuan; the trial organs have decided...
On December 28th, according to Forbes, Tim Kravchunovsky, founder and CEO of decentralized telecommunications network Chirp, said: "As we move into 2025, this will be a historic year for digital assets as the United States adopts Bitcoin as its national reserve currency, and despite the ongoing uncertainty in this regard, I believe it will happen soon - likely within a few months of President-elect Donald Trump's inauguration." In addition, Swiss cryptocurrency hedge fund Tyr...
South Korean police said on the 13th that they were considering the seizure and search of President Yoon Seok-yeok's communication records and the presidential residence.
Class A shares of the three major stock indexes have turned up intraday, IP economy, planting industry, communications equipment and other sectors rose first.
According to Upbit's official news, the exchange has refunded about 8.50 billion won to 380 users who were victims of telecom fraud. Upbit operator Dunamu used the real-time abnormal transaction monitoring system (FDS) to freeze the funds involved in the case, and worked with the Seoul Police Department to identify and contact the victims who did not report to the police to complete the refund. The refund includes the 5 billion won in February and the latest 3.50 billion won.
The Bank of Korea announced that it has signed a cooperation agreement with the Ministry of Science and Information Communication Technology (MSIT) and the Financial Services Commission (FSC) to jointly test the availability of digital currencies (CBDCs) and tokenized deposits. The central bank plans to pilot tokenized deposits among 100,000 people by the end of the year, and enable interbank settlement through a wholesale CBDC. In this trial, seven domestic banks will participate, and tokenized...
Steve Milton, former vice president of global marketing and communications at Binance, said that Trump may reduce the US government's regulation of the cryptocurrency industry. Trump has been outspoken about the need to reduce the US government's intervention in people's lives and has been supportive of cryptocurrencies. Trump's victory and the Republican majority in the US Senate are "historic achievements" in US cryptocurrency regulation.
According to Bitcoin Magazine's X platform, Deutsche Telekom, one of Europe's largest telecommunications companies, will start using its surplus energy for bitcoin mining.
On October 30th, in the morning of October 30th, ZTE responded to Lenovo's lawsuit against ZTE for patent infringement in the UK: Recently, we learned that Lenovo filed an intellectual property lawsuit against ZTE in the UK High Court. We have always respected the legal measures of any enterprise within the legal framework, but we are very sorry for Lenovo's actions. ZTE and Lenovo have been negotiating for several years on the issue of patent licensing. ZTE has always maintained the greatest go...
ZTE: third quarter net profit 2.174 billion yuan, down 8.23%.
Nigeria's Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has announced a $1.50 million initiative to boost artificial intelligence (AI) development in the country. The fund, backed by global foundation Luminate, will be launched in Abuja on October 7. This follows the launch of the $61,780 artificial intelligence fund by the ministry in partnership with Google, but the fund has been criticised for not being enough to fuel the artificial intelligence revolution.
Mr. Peskov, the Kremlin spokesperson, said Telegram had been questioned by the Russian authorities, but that its founder, Pavel Durov, had not been arrested in Russia. "In this country, nobody has arrested him. Of course, there were questions before," Mr. Peskov said in an interview. "Yes, terrorists do use the Telegram network, but terrorists also use cars. Why don't they arrest the general managers of Renault or Citroen?" Mr. Peskov said.
Bank of Communications (03328.HK) second quarter net profit 20.30 billion yuan.