Feb 23, 2011
In response to recent reports that Chinese telecom operator employees had sold users' personal data to private investigation agencies, China Mobile (NYSE: CHL; 0941.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) have pledged to protect private data in accordance with a court recommendation issued by Chaoyang District People's Court in Beijing.
Television advertising and content production firm Media China (0419.HK) today announced that it has entered into a conditional agreement with an independent party for the acquisition of the entire interest in Smart Title Limited, which indirectly operates Beijing-headquartered membership-based luxury club Bayhood No. 9 Club, at a consideration of HKD 500 mln.
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