CITIC Group

Xinhua Silk Road: 137 projects with investment of RMB91.15 bln contracted in east China's Jiangyin

Retrieved on: 
Tuesday, October 20, 2020

Of the total projects, 15 were foreign-invested ones with a total investment of 3.52 billion yuan.

Key Points: 
  • Of the total projects, 15 were foreign-invested ones with a total investment of 3.52 billion yuan.
  • In terms of investment fields, 111 were manufacturing projects with a total investment of 64.02 billion yuan, covering such fields as new energy, new materials, and auto parts.
  • The remaining 26 projects with a total investment of 27.13 billion yuan were service projects related to intelligent warehousing, transportation and logistics, biomedicine, cross-border e-commerce and other areas.
  • A batch of the world's top 500 enterprises such as CITIC Group, Mitsubishi Group and Doosan has made investment in Jiangyin.

Hong Kong Data Center Market Investment Analysis and Growth Opportunities Report 2020-2025 Featuring Equinix, Global Switch, CITIC Telecom International Holdings, AirTrunk Operating, and China Unicom

Retrieved on: 
Monday, October 5, 2020

DUBLIN, Oct. 5, 2020 /PRNewswire/ -- The "Hong Kong Data Center Market - Investment Analysis and Growth Opportunities 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 5, 2020 /PRNewswire/ -- The "Hong Kong Data Center Market - Investment Analysis and Growth Opportunities 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • Hong Kong data center market size to grow at a CAGR of over 1.5% during the period 20202025.
  • Equinix, Global Switch, CITIC Telecom International Holdings, AirTrunk Operating, and China Unicom are some of the prominent investors in the market.
  • This report offers a detailed analysis of the Hong Kong data center investments in terms of infrastructure and geography.

CITIC Telecom CPC and ASTRI Transform Customer Experience with AR-based Operations and Maintenance Solution

Retrieved on: 
Thursday, September 24, 2020

Mr. Esmond Li, CEO of CITIC Telecom CPC (left) and Mr. Hugh Chow, CEO of ASTRI announced the launch of "DataHOUSE AR Remote Hand Service", an AR solution jointly developed to transform field engineers' operations and maintenance processes.

Key Points: 
  • Mr. Esmond Li, CEO of CITIC Telecom CPC (left) and Mr. Hugh Chow, CEO of ASTRI announced the launch of "DataHOUSE AR Remote Hand Service", an AR solution jointly developed to transform field engineers' operations and maintenance processes.
  • (From the left) Mr. Daniel Kwong, Chief Information and Innovation Officer of CITIC Telecom CPC, Mr. Esmond Li, CEO of CITIC Telecom CPC, Mr. Hugh Chow, CEO of ASTRI and Dr. Lucas Hui, Chief Technology Officer of ASTRI pictured to celebrate the success of the partnership and AR-based Operations and Maintenance Solution.
  • CITIC Telecom CPC and ASTRI share the same vision in driving innovation and enhancing customer experience.
  • "At CITIC Telecom CPC, we are constantly innovating to improve the customer experience," said Mr. Daniel Kwong, Chief Information and Innovation Officer of CITIC Telecom CPC.

CITIC Telecom CPC Achieves VMware Cloud Verified Status

Retrieved on: 
Thursday, August 27, 2020

HONG KONG, Aug 27, 2020 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), today announced it has achieved VMware Cloud Verified status.

Key Points: 
  • HONG KONG, Aug 27, 2020 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), today announced it has achieved VMware Cloud Verified status.
  • "Attaining VMware Cloud Verified status is a milestone achievement for CITIC Telecom CPC.
  • "Partners that are VMware Cloud Verified provide organizations with complete and advanced VMware Cloud technologies, along with interoperability across clouds for greater advantage for their customers' businesses," said Vijoo Chacko, VMware Cloud Provider Program Leader, APJ, VMware.
  • VMware, VMware Cloud, VMware Cloud Verified and VMware Cloud Provider are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions.

PINTEC Expands Cooperation with China Telecom Bestpay to Offer Handset Installment Services to Government and Enterprise Customers

Retrieved on: 
Friday, June 19, 2020

BEIJING, June 19, 2020 (GLOBE NEWSWIRE) -- Pintec Technology Holdings Ltd. (NASDAQ: PT) (PINTEC or the Company), a leading independent fintech solutions provider, today announced that it has expanded its cooperation with China Telecom Bestpay (Bestpay), a wholly-owned subsidiary of China Telecom Corporation Limited (China Telecom) and one of the largest payment platforms in China, to provide intelligent handset installment services to Bestpays government and enterprise customers.

Key Points: 
  • BEIJING, June 19, 2020 (GLOBE NEWSWIRE) -- Pintec Technology Holdings Ltd. (NASDAQ: PT) (PINTEC or the Company), a leading independent fintech solutions provider, today announced that it has expanded its cooperation with China Telecom Bestpay (Bestpay), a wholly-owned subsidiary of China Telecom Corporation Limited (China Telecom) and one of the largest payment platforms in China, to provide intelligent handset installment services to Bestpays government and enterprise customers.
  • Leveraging PINTECs technological expertise, Bestpay has launched its handset financing product Chengfenqi to provide individual customers with intelligent installment payment services.
  • PINTEC originally established its cooperation with Bestpay in February 2017 to provide technical support in the development of Bestpays financing products.
  • These products, jointly developed by both parties, are currently available in over 70,000 China Telecom retail stores throughout 432 cities in 29 provinces across China.

Research Report with COVID-19 Forecasts - In-Flight Catering Services Market 2020-2024 | Increasing Passenger Traffic and Influence of Tourism to Boost Growth | Technavio

Retrieved on: 
Wednesday, May 27, 2020

Our in-flight catering services market report covers the following areas:

Key Points: 
  • Our in-flight catering services market report covers the following areas:
    This study identifies the rising trend of serving prepackaged meals as one of the prime reasons driving the in-flight catering services market growth during the next few years.
  • In-Flight Catering Services Market 2020-2024: Vendor Analysis
    We provide a detailed analysis of vendors operating in the in-flight catering services market, including some of the vendors such as Air Culinaire Worldwide LLC, Cathay Pacific Catering Services (H.K.)
  • Backed with competitive intelligence and benchmarking, our research reports on the in-flight catering services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • In-Flight Catering Services Market 2020-2024: Key Highlights

Cathay Pacific, One Of The World's Leading Airlines, Selects GEP To Provide Procurement Services To Deliver Cost Savings And Mitigate Risks

Retrieved on: 
Tuesday, May 26, 2020

GEP will help Cathay Pacific identify and mitigate third-party risks while realizing sustainable cost savings from its global spending through spend analysis, sourcing, tail-spend management and contract remediation across multiple categories.

Key Points: 
  • GEP will help Cathay Pacific identify and mitigate third-party risks while realizing sustainable cost savings from its global spending through spend analysis, sourcing, tail-spend management and contract remediation across multiple categories.
  • After a thorough selection process, Cathay Pacific chose GEP because of its 20-year track record at delivering material cost savings to global companies.
  • Headquartered in Hong Kong, Cathay Pacific is the latest market-leading enterprise to select GEP.
  • GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value.

Cathay Pacific, One Of The World's Leading Airlines, Selects GEP To Provide Procurement Services To Deliver Cost Savings And Mitigate Risks

Retrieved on: 
Tuesday, May 26, 2020

GEP will help Cathay Pacific identify and mitigate third-party risks while realizing sustainable cost savings from its global spending through spend analysis, sourcing, tail-spend management and contract remediation across multiple categories.

Key Points: 
  • GEP will help Cathay Pacific identify and mitigate third-party risks while realizing sustainable cost savings from its global spending through spend analysis, sourcing, tail-spend management and contract remediation across multiple categories.
  • After a thorough selection process, Cathay Pacific chose GEP because of its 20-year track record at delivering material cost savings to global companies.
  • Headquartered in Hong Kong, Cathay Pacific is the latest market-leading enterprise to select GEP.
  • GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value.

Ideanomics' MEG To Provide Energy Procurement Services for China 5G Tower Projects and EV Charging Infrastructure

Retrieved on: 
Wednesday, April 22, 2020

Zhongsen Tower is the leading 5G and IoT infrastructure service provider, offering a broad array of services including the build out of 5G tower infrastructure, as well as leasing and financing of supporting infrastructure.

Key Points: 
  • Zhongsen Tower is the leading 5G and IoT infrastructure service provider, offering a broad array of services including the build out of 5G tower infrastructure, as well as leasing and financing of supporting infrastructure.
  • Its financial services and construction partners include State Development Bank, CITIC, China Life, China Agriculture Bank, China Merchant Bank, CSCEC, China Rail, and China Electric.
  • As part of the agreement between Enengju and Zhongsen Tower, MEG's energy services division will provide the wholesale electrical energy supply required to power these projects.
  • MEG has established strategic partnerships with leading partners such as China Tower, GCL Group, State Grid, Dongfang Energy Sales Cloud, and TMR Energy.

International airline fined £500,000 for failing to secure its customers’ personal data

Retrieved on: 
Wednesday, March 4, 2020

The Information Commissioners Office (ICO) has fined Cathay Pacific Airways Limited 500,000 for failing to protect the security of its customers personal data.

Key Points: 
  • The Information Commissioners Office (ICO) has fined Cathay Pacific Airways Limited 500,000 for failing to protect the security of its customers personal data.
  • The incident led Cathay Pacific to employ a cybersecurity firm, and they subsequently reported the incident to the ICO.
  • The ICO found Cathay Pacifics systems were entered via a server connected to the internet and malware was installed to harvest data.
  • At its most basic, the airline failed to satisfy four out of five of the National Cyber Security Centres basic Cyber Essentials guidance.