Linewell Software to cooperate with C China’s Henan in big data and smart park construction -- Linewell Software Co., Ltd., (603636.SH) signed an agreement with Central China’s Henan provincial government to promote construction of a big datazone and a smart park, announced the company on October 25. The two sides will cooperate in such fields as cloud computing, big data industry development, "Internet + government services" and smart city construction, according to a filing to the stock exchange.
China's hi-tech giant Baidu launches AI guide tour in Barcelona -- China's search engine giant Baidu Inc. on October 23 launched artificial intelligence (AI) guide tour program, the Baidu Wi-Fi Translator, for Chinese travelers in Barcelona, the second most populous municipality of Spain. The AI guide, which has been newly added to the Baidu Wi-Fi Translator, gives tourists a rich audio-introduction of all architectures designed by Antonio Gaud, a great Spanish architect.
Chinese Sichuan Airlines operates its 1st flight to Cairo -- Chinese Sichuan Airlines operated its first flight to Cairo International Airport on October 23 with 222 Chinese tourists on board, marking its maiden flight to Africa. The flight will run twice per week on Tuesday and Friday in A330 Series plane. Tencent sees great potential in China's smart transportation market - China's Internet giant Tencent is betting on the country's smart transportation market, expanding its presence in fields ranging from subway QR code payment to bus hailing.
HK, AIIB sign fund agreement -- Acting Chief Executive of Hong Kong, Paul Chan, and Asian Infrastructure Investment Bank President (AIIB) Jin Liqun on October 22 witnessed the signing of a contribution agreement for the AIIB project preparation special fund, according to a government press release. Secretary for Financial Services and the Treasury James Lau and AIIB Vice President Joachim von Amsberg represented the Hong Kong Special Administrative Region Government and the bank respectively to sign the agreement. (Source: chinadailyasia.com)
BOC Aviation announces delivery of 3rd Airbus A321NEO to Sichuan Airlines -- BOC Aviation Limited, a leading global aircraft operating leasing company headquartered in Singapore, announced on October 23 that it delivered the third of five new Airbus A321NEO aircraft to Chinese carrier Sichuan Airlines. BOC Aviation said that all the five aircraft are from its existing order book. The first two were delivered in recent two months, and the remaining two will be delivered by the end of 2019. (Source: China Daily)
Alibaba to launch mini space station and communication satellite ahead of shopping festival -- Alibaba Group Holding Ltd will activate a "one-station, one satellite" plan ahead of this year's Nov 11 shopping festival, the company confirmed to China Daily on October 22. The tech giant plans to launch a mini space station called Candy Tin and a communication satellite called Tmall International as its initial steps into space, the company said. The purpose is to enhance user experience during the 24-hour shopping extravaganza, which enters its 10th year. Space technology will better serve the integration of online and offline shopping interactions during the festival. (Source: China Daily)
Hainan Rubber to buy 71.58 pct stake in R1 International for USD76.71 mln -- China's largest natural rubber maker China Hainan Rubber Industry Group Co., Ltd. (601118. SH) announced on October 22 to purchase a 71.58-percent stake in R1 International Pte Ltd., a natural rubber trader, for 76.71 million U.S. dollars. After closing the deal, R1 International Pte Ltd., will become a holding subsidiary of China Hainan Rubber Industry Group Co., Ltd.
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