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Rumor: Tencent Buys Controlling Stake in Online Music Firm China Music Corp
Jiemian.com, 7/14/16
Chinese internet and mobile services firm Tencent (0700.HK) has signed an agreement to acquire a controlling stake in online music provider and digital music copyright redistributor China Music Corporation (Haiyang Music Group) in a cash and asset-injection deal, according to a source familiar with the matter. Read More
Rumor: China Unicom Begins "Wireless City" Tender
CWW, 8/17/10
An industry source claims that China Unicom (NYSE: CHU; 0762.HK; 600050.SH) recently began a nationwide tender for WLAN "Wireless City" projects covering an estimated 200,000 pieces of equipment, two-thirds of which are access point ("AP") equipment and one-third of which is access controller ("AC") equipment. Read More
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