GBA Briefs: 5/9/2019

Evergrande jammed? Caixin has a good analysis out on the fortunes of Evergrande, the Shenzhen-based property giant that has huge ambitions for New Energy Vehicles. Caixin is skeptical. Read more.

Ho in Macau: Premier Li Keqiang formally anointed Ho Iat Seng as Macau fifth chief executive. He will be sworn into office on December 20. Read more.

Shenzhen 5G: The city will have full 5G within 12 months, with 45,000 base stations being built, after the government signed an agreement yesterday with the biggest network operators. Read more. 

No way for Huawei? US President Donald Trump has said he doesn’t want to discuss Huawei’s blacklisting in upcoming US-China trade talks. Analysts don’t know what this means. Read more.  

Kaola deal back on: Alibaba and Guangzhou-based Netease have resumed discussions about the US$2bn acquisition of Kaola, Netease’s e-commerce platform. As Technode reminds, the merger would form an “industry giant of near-insurmountable scale”. Read more.

Tell us what you think