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Shanghai Telecom Rents Baosight IDC Resources

Southern Metropolitan News, 10/22/13

Chinese software engineering and development firm Baosight Software (600845.SH) has announced the signing of an agreement with China Telecom's (NYSE: CHA; 0728.HK) Shanghai subsidiary by which Shanghai Telecom will rent rack space in Baosight's new "Baozhiyun" ("Bao Cloud") internet data center (IDC). Read More

Baosight to Raise RMB 650 Mln for IDC, Informatization Projects

China Business News, 7/30/13

Chinese software engineering and development firm Baosight Software (600845.SH) announced today that it will raise additional funding through the release of no more than 40.91 mln Class A shares at a price of RMB 15.89 per share in a non-public stock issuance to no more than ten specifically-chosen investors, including its parent company Baosteel Group Corporation. Read More

MIIT, Ministry of Finance Release 2012 M2M Subsidy Project List

CCTime, 11/08/12

China's Ministry of Industry and Information Technology (MIIT) and Ministry of Finance (MoF) have jointly released their 2012 list of M2M (Internet of Things) development subsidy projects. Read More