<- September 30, 2009 ->

Featured Articles

China to Create RMB 10 Bln Cultural Industry Fund

Netease Tech, 9/27/09

China's Ministry of Finance will create a RMB 10 bln national cultural industry investment fund, raising RMB 4.9 bln in the first phase of development. Read More...

Datang Telecom to Apply for RMB 1 Bln Loan

Sina Tech, 9/30/09

Datang Telecom (600198.SH) issued a number of stock transaction filings today announcing that following the approval of the board of directors, the company will apply for a loan of no more than RMB 1 bln from the China Academy of Telecommunication Technology (CATT), with a time limit of no more than a year and an interest rate no higher than 10% below the standard bank rate for one-year loans. Read More...

Rumor: China Unicom to Expand Wi-Fi Coverage

Sohu IT, 9/30/09

A source inside China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has revealed that on October 28, the operator sent out a notice to provincial subsidiaries including Beijing Unicom and Shanghai Unicom, calling for them to increase Wi-Fi coverage. Read More...

Visa: China B2C Transaction Value to Double by 2011

Xinhuanet, 9/30/09

According to results of a recent survey by Visa, China's annual B2C transactions are expected to reach a value of USD 24.1 bln in 2011. Read More...

Sina May Continue to Spin Off Verticals

China Securities Journal, 9/30/09

Cao Guowei, CEO of Chinese internet company Sina (Nasdaq: SINA), has said that Sina may continue to split off its vertical services into separate subsidiary businesses, as it did a year ago when it established a JV with E-House (China) Holdings Limited (NYSE: EJ) for operation of its Sina House real estate service. Read More...

Gehua Adds HD Programming for Beijing Users

Sina Tech, 9/29/09

Beijing cable TV network operator Gehua CATV (600037.SH) has announced that Gehua subscribers in its digital cable testing areas throughout the eight urban districts of Beijing will receive nine new HD channels, while subscribers outside the digital cable test sites and in Beijing's suburban districts will not receive all of the same programming. Read More...