Sun Mobile Limited known as New World Mobility Limited, is a mobile network operator brand and company in Hong Kong. It is a joint venture of Telecom Digital. New World Mobility Limited and New World Mobility was a subsidiary and a brand of New World PCS respectively. However, New World Development sold the shares of its successor CSL New World Mobility in 2013; the brand New World Mobility was active until 2014, changed to SUN Mobile in the same year. During the period of dormant, the brand was operated by sister company of New World Mobility Limited. New World Mobility Limited was launched in 1998 and parented by New World PCS Limited, which the latter was incorporated in 1995. New World Mobility, as a brand, was launched in 1997. New World Mobility Limited became dormant in 2003, which the brand was operated by New World PCS directly. New World PCS was the license holder of personal communication services since 1996. New World PCS became a public company indirectly, via a backdoor listing. A listed company Asia Logistics Technologies acquired New World PCS Holdings from New World Development and renamed itself into New World Mobile Holdings in 2004.
In March 2006, New World PCS Limited merged with Hong Kong CSL Limited to form a new intermediate holding company called CSL New World Mobility, whose shareholders are Australian telecommunications company Telstra and New World Mobile Holdings. New World Mobility became one of the brands of the holding company's mobile services. In October 2006, New World Mobile Holdings sold its 23.6% stakes of the intermediate holding company to New World Mobile Holdings' parent company New World Development. New World PCS Limited was renamed to CSL Limited, as a subsidiary of the new holding company in 2008. New World Mobility Limited was back from dormant in 2008, which CSL Limited owned 60% stake since 2008–09 financial year; the rest of the stake of New World Mobility Limited, was acquired by Telecom Digital in 2008. New World Mobility Limited operated the brand New World Mobility since circa 2008. New World Development and Telstra sold the stake of CSL New World Mobility to HKT in December 2013. After the transaction, HKT owned CSL, PCCW Mobile and other brands.
On 25 September 2014, New World Mobility Limited ceased to exist as HKT revamped the subsidiary under the name SUN Mobile Limited, the company was jointly-owned by HKT and Telecom Digital. However, the pronunciation of Sun was similar to the Cantonese pronunciation of the Chinese character 新 of the old brand. CSL Mobile, a mobile network operator, owned by HKT Sunday Communications, a defunct parent company of SUNDAY, a mobile network operator, privatized by PCCW in 2005 PCCW Mobile do business as SUNDAY, a mobile network operator, owned by PCCW and Sunday Communications Official website Old official website
SmarTone Telecommunications Holdings Limited, trading as SmarTone is a telecommunications company headquartered in Hong Kong. The group provided services via their operating subsidiaries, such as SmarTone Mobile Communications Limited in Hong Kong and SmarTone – Comunicações Móveis, S. A. in Macau, two special administrative regions of China. The company provides voice and mobile broadband services through its territory-wide 4G and 3G networks, as well as fixed fibre broadband services for the consumer and corporate markets, plain SIM card. SmarTone is a subsidiary of Hong Kong conglomerate Sun Hung Kai Properties; the company is a mobile phone operator in Hong Kong. It provides service on GSM-1800, W-CDMA and LTE-2600 with the brand SmarTone; the holding company of the SmarTone group, SmarTone Telecommunications Holdings Limited, is 70.98% owned by Sun Hung Kai Properties. SmarTone Telecommunications Holdings is incorporated in Bermuda as an offshore company. SmarTone Mobile Communications is an indirect wholly owned subsidiary of SmarTone Telecommunications Holdings, via SmarTone Limited.
SmarTone-Comunicações Móveis, S. A. or known as SmarTone Macau, is 72% owned by SmarTone Telecommunications Holdings indirectly. SmarTone was launched by Sun Hung Kai Properties and ABC Communications in 1992, it started operations in March 1993 in Asia. It used to have another branding EXTRA for its GSM-1800-only packages obtained by the acquisition of P Plus Communications in March 1998; the brand EXTRA was merged into SmarTone's dual-band network. A new branding "SmarTone-Vodafone" was launched in April 2005, following a partnership agreement with Vodafone in December 2004; this brand name was used only in Hong Kong. SmarTone retained its original brand name in Macau. On 19 September 2011, SmarTone Telecommunications Holdings Limited announced that it would not renew its marketing co-operation with Vodafone and reverted its brand to SmarTone from December 2011. March 1993 – Launched Asia's first GSM mobile service December 1993 – Launched Asia's first auto-GSM roaming service December 2002 – Launched SmarTone iN!
– Proprietary advanced multimedia services mobile portal for customers August 2012 – Re-farmed the 2G 1800 MHz frequency band for its 4G LTE network and put into use September 2014 – Announced in the 2013/2014 Annual Results Announcement that it started to re-farm its 2G 900 MHz spectrum for 4G LTE, to provide better coverage. The re-farming targets to complete at the end of 2014 December 2004 – Launched 3G services July 2007 – Became the first company in the world to enable customers to stream flash video when browsing on any 3G feature phone April 2010 – Debut 28.8Mbit/s HSPA+ network September 2001 – Successfully bid the 3G license in Hong Kong March 2011 – Won the auction for 850 MHz frequency band for its 3G service August 2012 – Launched its 4G service with 1800 MHz spectrum, supporting all 4G smartphones available in Hong Kong. 1800 MHz spectrum provides better indoor coverage than higher frequency spectrum September 2012 – Became the only Hong Kong mobile operator approved by Apple to offer 4G on iPhone 5.
SmarTone emphasized that “it is the only operator in HK offers 4G network on iPhone 5" November 2012 – Extended 4G LTE coverage on all MTR Island Line stations and targets to offer 4G LTE coverage at all MTR stations and its connecting tunnels in early 2013 January 2013 – Provided 4G LTE network along the seven MTR lines. In the same year, it bid for 2 x 10 MHz at the 2600 MHz frequency band for its 4G network to expand its network capacity and offer higher speed December 2013 – Extended its 4G coverage to KCR’s lines and Lok Ma Chau Line August 2014 – Launched VoLTE service but only supported selected smartphone models September 2014 – Commenced the re-farming of 2G 900MHZ spectrum for its 4G LTE, to provide better indoor coverage. Target to complete the re-farming end of this year. SmarTone planned to meet the growing data demand with cell densification, small cell technologies, LTE-Advanced, as well as refarming October 2016 – Extended 4G coverage to the new MTR Kwun Tong Line Extension, covering the new Whampoa and Ho Man Tin stations December 2016 - Extended 4.5G coverage to the new South Island Line, including Ocean Park, Wong Chuk Hang, Lei Tung and South Horizons stations and deployed additional 2100 MHz spectrum to all MTR lines November 2016 – Partnered with Ericsson for a five-year partnership toward 5G, commencing early trials and pilot deployments of key pre-5G technologies to take place in Q4 2016 July 2001 – Launched GSM mobile service in Macau July 2010 – Launched 3G service in Macau November 2015 – Launched 4G service in Macau List of companies of Hong Kong Official website of SmarTone Mobile Communications Official website of SmarTone-Comunicações Móveis Official website of SmarTone Telecommunications Holdings
Hong Kong Stock Exchange
The Stock Exchange of Hong Kong Limited, abb. SEHK, is Asia's third-largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and Shanghai Stock Exchange, the fourth single largest stock market in the world; as of 31 October 2016, SEHK had 1,955 listed companies, 989 of which are from mainland China, 856 from Hong Kong and 110 from other countries and region Hong Kong Exchanges and Clearing owns SEHK and is itself listed on SEHK. It is the fastest growing stock exchange in Asia; the physical trading floor at Exchange Square closed in 2017, due to the shift towards electronic trading. By 2014, it accounted for less than 1% of trade volume; the Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subsequently calls for the formation of a unified stock exchange.
The Stock Exchange of Hong Kong Limited was incorporated in 1980 and trading on the Exchange commenced on 2 April 1986. Since 1986, a number of major developments have taken place; the 1987 market crash revealed flaws in the market and led to calls for a complete reform of the Hong Kong securities industry. This led to infrastructural developments; as a result, the Securities and Futures Commission was set up in 1989 as the single statutory securities market regulator. The market infrastructure was much improved with the introduction by the Exchange of the Central Clearing and Settlement System in June 1992 and the Automatic Order Matching and Execution System in November 1993. Since the framework of market rules and regulations, both Exchange-administered or otherwise, have been undergoing continuing review and revision to meet changing market needs while ensuring effective market regulation; the Exchange Listing Rules have been made more comprehensive, other existing regulations have been improved or new regulations introduced to enhance market development and investor protection.
Enhancements were made to the system infrastructure, including the launch of off-floor trading terminals in brokers’ offices in January 1996. The third generation of the trading system, AMS/3, will be launched in 2000, it will provide a platform for a straight-through transaction process. In respect of market and product development, there are the listing of the first derivative warrant in February 1988, the listing of the first China-incorporated enterprise in July 1993. Furthermore, the Exchange introduced the Growth Enterprise Market in November 1999 to provide fund raising opportunities for growth companies of all sizes from all industries, to promote the development of technology industries in the region. According to the reform plan announced in March 1999, the Exchange, the Hong Kong Futures Exchange and their clearing houses merged into a new holding company, the Hong Kong Exchanges and Clearing Limited. On 2 April 1986: a new trading hall is opened. At that time, a total of 249 companies were listed on the Exchange, total market capitalisation was HK$245 billion 6 October 1986: Stock Exchange grand opening October 1987: The Stock Exchange is closed for four days in an attempt to stop losses during Black Monday global equities market crash May 1988: The Ian Hay Davison Report, commissioned to investigate practices on the exchange in the lead-up to its closure, is released, resulting in significant market reforms - although many took years to implement On 24 June 1992, the Central Clearing and Settlement System is introduced On 15 July 1993, in the Tsingtao Brewery became the first Chinese enterprise to list its H shares on the exchange.
On 1 November 1993, a new "Automatic Order Matching and Execution System", AMS/1, was introduced on the exchange. On 12 November 1999, the Tracker Fund of Hong Kong, created by government intervention during the 1997 Asian financial crisis, had its introduction on the exchange. 25 November 1999, two companies were jointly listed on the newly created Growth Enterprise Market On 6 March 2000, The Stock Exchange, Futures Exchange and the Hong Kong Securities Clearing Company all became wholly owned subsidiaries of HKEx, in turn listed on 27 June 2000. On 23 October 2000, AMS/3 was implemented on the exchange.source: HK Ex The trading day consists of: A pre-opening auction session from 9:00 am to 9:30 am. The opening price of a security is reported shortly after 9:20 am. A morning continuous trading session from 09:30 am to 12:00 pm. An extended morning session from 12:00 noon to 1:00 pm referred to as the lunch break. Continuous trading proceeds in specifically-designated securities. Trading in other securities is not possible.
However, previously-placed orders in any securities can be cancelled from 1:00 pm onwards. An afternoon continuous trading session from 1:00 pm to 4:00 pm; the closing price is reported as the median of five price snapshots taken from 3:59 to 4:00 pm every 15 seconds. In May 2008, the exchange implemented a closing auction session to run from 4:00 pm to 4:10 pm, with a similar pricing mechanism as the opening auction; the exchange proposed limiting price fluctuations in th
Telecommunication is the transmission of signs, messages, writings and sounds or information of any nature by wire, optical or other electromagnetic systems. Telecommunication occurs when the exchange of information between communication participants includes the use of technology, it is transmitted either electrically over physical media, such as cables, or via electromagnetic radiation. Such transmission paths are divided into communication channels which afford the advantages of multiplexing. Since the Latin term communicatio is considered the social process of information exchange, the term telecommunications is used in its plural form because it involves many different technologies. Early means of communicating over a distance included visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags, optical heliographs. Other examples of pre-modern long-distance communication included audio messages such as coded drumbeats, lung-blown horns, loud whistles. 20th- and 21st-century technologies for long-distance communication involve electrical and electromagnetic technologies, such as telegraph and teleprinter, radio, microwave transmission, fiber optics, communications satellites.
A revolution in wireless communication began in the first decade of the 20th century with the pioneering developments in radio communications by Guglielmo Marconi, who won the Nobel Prize in Physics in 1909, other notable pioneering inventors and developers in the field of electrical and electronic telecommunications. These included Charles Wheatstone and Samuel Morse, Alexander Graham Bell, Edwin Armstrong and Lee de Forest, as well as Vladimir K. Zworykin, John Logie Baird and Philo Farnsworth; the word telecommunication is a compound of the Greek prefix tele, meaning distant, far off, or afar, the Latin communicare, meaning to share. Its modern use is adapted from the French, because its written use was recorded in 1904 by the French engineer and novelist Édouard Estaunié. Communication was first used as an English word in the late 14th century, it comes from Old French comunicacion, from Latin communicationem, noun of action from past participle stem of communicare "to share, divide out.
Homing pigeons have been used throughout history by different cultures. Pigeon post had Persian roots, was used by the Romans to aid their military. Frontinus said; the Greeks conveyed the names of the victors at the Olympic Games to various cities using homing pigeons. In the early 19th century, the Dutch government used the system in Sumatra, and in 1849, Paul Julius Reuter started a pigeon service to fly stock prices between Aachen and Brussels, a service that operated for a year until the gap in the telegraph link was closed. In the Middle Ages, chains of beacons were used on hilltops as a means of relaying a signal. Beacon chains suffered the drawback that they could only pass a single bit of information, so the meaning of the message such as "the enemy has been sighted" had to be agreed upon in advance. One notable instance of their use was during the Spanish Armada, when a beacon chain relayed a signal from Plymouth to London. In 1792, Claude Chappe, a French engineer, built the first fixed visual telegraphy system between Lille and Paris.
However semaphore suffered from the need for skilled operators and expensive towers at intervals of ten to thirty kilometres. As a result of competition from the electrical telegraph, the last commercial line was abandoned in 1880. On 25 July 1837 the first commercial electrical telegraph was demonstrated by English inventor Sir William Fothergill Cooke, English scientist Sir Charles Wheatstone. Both inventors viewed their device as "an improvement to the electromagnetic telegraph" not as a new device. Samuel Morse independently developed a version of the electrical telegraph that he unsuccessfully demonstrated on 2 September 1837, his code was an important advance over Wheatstone's signaling method. The first transatlantic telegraph cable was completed on 27 July 1866, allowing transatlantic telecommunication for the first time; the conventional telephone was invented independently by Alexander Bell and Elisha Gray in 1876. Antonio Meucci invented the first device that allowed the electrical transmission of voice over a line in 1849.
However Meucci's device was of little practical value because it relied upon the electrophonic effect and thus required users to place the receiver in their mouth to "hear" what was being said. The first commercial telephone services were set-up in 1878 and 1879 on both sides of the Atlantic in the cities of New Haven and London. Starting in 1894, Italian inventor Guglielmo Marconi began developing a wireless communication using the newly discovered phenomenon of radio waves, showing by 1901 that they could be transmitted across the Atlantic Ocean; this was the start of wireless telegraphy by radio. Voice and music had little early success. World War I accelerated the development of radio for military communications. After the war, commercial radio AM broadcasting began in the 1920s and became an important mass medium for entertainment and news. World War II again accelerated development of radio for the wartime purposes of aircraft and land communication, radio navigation and radar. Development of stereo FM broadcasting of radio
CMHK PEOPLES Telephone Company Limited, is a wholly owned subsidiary of China Mobile. The company was incepted in January 1997 and was the first PCS operator to launch such services in Hong Kong. CMHK is the largest telecommunications operator in Hong Kong. In June 1994, the company was first launched and established as PEOPLES Telephone Company Limited in Hong Kong and was awarded a PCS license in 1996 September. In May 2000, it was the first operator in Hong Kong to launch an open portal WAP service. In February 25, 2004, it changed its name to China Resources Peoples Telephone Company Limited, named by its parent company at that time, China Resources. In October 2005, it was acquired by China Mobile and renamed to China Mobile Peoples Telephone Company Limited in April 2006. In March 2006, it was delisted and became a subsidiary of China Mobile. In December 2008, it was renamed to China Mobile Hong Kong Company Limited but kept its brand name "Peoples". In December 2012, China Mobile Hong Kong launched the world's first network TD-LTE/LTE FDD fusion for roaming.
In December 2013, CMHK launched its new corporate brand, plus its commercial brand "and!". Up till June 2017, CMHK has 8.274 million subscribers, making them the largest mobile network operator in Hong Kong. As of May 2018, CMHK provided network service 4.5G, 4G LTE, 3GHSPA, GPRS and EDGE. As a subsidiary of China Mobile, CMHK has launched a series of cross-border mobile services for customers traveling between Hong Kong, Mainland China and around the world. In 2017, CMHK launched. Official website
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of numbers or a combination of both. "Ticker symbol" refers to the symbols. Stock symbols are unique identifiers assigned to each security traded on a particular market. A stock symbol can consist of letters, numbers, or a combination of both, is a way to uniquely identify that stock; the symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, to make it easy to recognize by traders and investors. The allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are between 1 and 4 letters and represent the company name where possible. For example, US-based computer company stock Apple Inc. traded on the NASDAQ exchange has the symbol AAPL, while the motor company Ford's stock, traded on the New York Stock Exchange has the single-letter ticker F.
In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA. While in Asia, numbers are used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBC's stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005. Symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a phonetic spelling of the company "XON" as its ticker symbol; the symbol of the firm after the merger was "XOM". Symbols are sometimes reused. In the US the single-letter symbols are sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V, used by Vivendi which had delisted and given up the symbol. To qualify a stock, both the ticker and the exchange or country of listing needs to be known. On many systems both must be specified to uniquely identify the security; this is done by appending the location or exchange code to the ticker.
Although stock tickers identify a security, they are exchange dependent limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes; the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO 6166. Securities for which ISINs are issued include bonds, commercial paper and warrants; the ISIN code is a 12-character alpha-numerical code that does not contain information characterizing financial instruments, but serves for uniform identification of a security at trading and settlement. The ISIN identifies not the exchange on which it trades. For instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, is priced in five different currencies. ISIN cannot specify a particular trade in this case, another identifier the three- or four-letter exchange code will have to be specified in addition to the ISIN.
While a stock ticker identifies a security that can be traded, stock market indices are sometimes assigned a symbol though they can not be traded. Symbols for indices are distinguished by adding a symbol in front of the name, such as a caret or a dot. For example, Reuters lists the Nasdaq Composite index under the symbol. IXIC. In Canada the Toronto Stock Exchange TSX and the TSXV use the following special codes after the ticker symbol: In the United Kingdom, prior to 1996, stock codes were known as EPICs, named after the London Stock Exchange's Exchange Price Information Computer. Following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still referred to as EPICs. Stocks can be identified using their SEDOL number or their ISIN. In the United States, modern letter-only ticker symbols were developed by Standard & Poor's to bring a national standard to investing. A single company could have many different ticker symbols as they varied between the dozens of individual stock markets.
The term ticker refers to the noise made by the ticker tape machines once used by stock exchanges. The S&P system was standardized by the securities industry and modified as years passed. Stock symbols for preferred stock have not been standardized; some companies use a well-known product as their ticker symbol. Belgian brewer InBev, the brewer of Budweiser beer, uses "BUD" as its three-letter ticker for American Depository Receipts, symbolizing its premier product in the United States, its rival, Molson Coors Brewing Company, uses a beer-related symbol, "TAP". Southwest Airlines pays tribute to its headquarters at Love Field in Dallas through its "LUV" symbol. Cedar Fair Entertainment Company, which operates large amusement parks in the United States, uses "FUN" as its symbol. Harley-Davidson uses "HOG" for its Harley Owners Group. Yamana Gold uses "AUY", because on the periodic table of elements. Sotheby's uses the symbol "BID". While most symbols come from the company's name, sometimes it happens the other way around.
Tricon Global, owner of KFC, Pi
Sing Tao News Corporation
Sing Tao News Corporation Limited known as just Sing Tao is a Bermuda-incorporated offshore company and Hong Kong-based media company. It was called Global China Group Holdings Limited; the Group is listed on the Stock Exchange of Hong Kong. The group was known as Global China Group Holdings Limited until 22 February 2005, as Global China Technology Group Limited until 4 October 2002, as Perfect Treasure Holdings Limited until 8 August 2000. Charles Ho acquired Perfect Treasure Holdings in 2000, renaming the company to Global China Technology Group, he became the honorary chairman of Sing Tao Holdings in September 1999 after it was acquired by a private equity fund of Lazard Asia. However, Global China Technology Group acquired Sing Tao Holdings from the private equity fund in January 2001 and Charles Ho became the chairman of both Global China Technology Group and Sing Tao Holdings. Soon after Global China Technology Group acquired Sing Tao Holdings as a subsidiary, in mid-2002 the subsidiary excluding Sing Tao Media Holdings and Colony Hotel was sold to Ming Yuan Investment Group, a private company owned by Yao Yuan.
Sing Tao Holdings was known as Shanghai Mingyuan Holdings since October 2002. Sing Tao Media Holdings was an intermediate company for newspaper and magazine business of the former Sing Tao Holdings group; the predecessors of Sing Tao Holdings as the parent company of Sing Tao group, was Sing Tao Limited. As of 2018, Sing Tao Limited was still operates as a company and a subsidiary of Sing Tao News Corporation. In 2003, Colony Hotel which the company owned, was sold to the University of Toronto. In 2005 Global China Group Holdings was renamed to Sing Tao News Corporation. In the same year Sing Tao sold the headquarters of its newspaper division in Kowloon; the headquarters was relocated to A Kung Ngam in Hong Kong Island. In 2017, the headquarters was relocated to Tseung Kwan O. Media in Hong Kong Official website