ZTE is financing its growth with a HK$2.6B shares sale, underwritten by Goldman Sachs and Deutsche Bank, according to Wall Street Journal. At a market cap of HK$86B currently, the operation will do little to change ZTE’s above-average dependence on debt. ZTE is currently operating with a financial leverage, debt-to-equity, of almost 145.
Online media must treat the creation of a positive mainstream opinion environment as an important duty. Those are the words of Mr Wang Chen, head of China’s State Council Information Office and deputy head of the Communist party’s propaganda department, quoted from FT. The Chinese government’s primary concerns related to online content remain security (sic), [...]
Paul Sharma makes the point in the Wall Street Journal that paying out dividends is the way forward for telecom operators, since their return on retained earnings is underperforming the market. Looking at the industry today, we can see that mainstream operators, in Europe at least, are installing lower-cost equipment from the two big Chinese [...]
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