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Daily Archives: 1 Nov 2020

First private 5G network sets standard for modern mining

News, Technology, UncategorisedBy WhyChinese1 Nov 2020Leave a comment

China’s first private 5G network will be used in the day-to-day operations at a coal mine in Shandong Province, in line with Beijing’s push to modernise heavy industry through digital transformation. The network, built by state-owned Shandong Energy Group, was deployed at their Baodian Coal Mine subsidiary in East China and went live in late…

New IPO record with Ant Group dual listing

News, TechnologyBy WhyChinese1 Nov 2020Leave a comment

Chinese tech juggernaut, Ant Group, has raised $34 billion in a mega initial public offering (IPO), making it the largest stock exchange listing in history. The Jack Ma-owned online payments company listed on the Hong Kong and Shanghai stock exchanges at $10.32 and $10.26 per share respectively. The IPO surpasses Saudi oil firm, Aramco, which…

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