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MIIT: China's Mobile Subscriber Base Surges by 10 mln in Mar 2023

MIIT, 4/21/23

China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of March 2023, during which China's total number of mobile service subscribers jumped by 9.74 mln to reach 1.705 bln. Read More

MIIT: China's Mobile Subscriber Base Jumps by 12 mln in Jan-Feb 2023

MIIT, 3/23/23

China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the 2-month period from January to February 2023, during which China's total number of mobile service subscribers increased by 11.88 mln to reach 1.695 bln. Read More

MIIT: China's Mobile Subscriber Base Up 3.9 Mln in July 2022

MIIT, 8/22/22

China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of July 2022. Read More

MIIT: China's Mobile Subscriber Base Up 1.4 Mln in May 2022

MIIT, 6/22/22

China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of May 2022. Read More

Yintech Announces Completion of Going Private Transaction

Yintech, 11/18/20

Yintech Investment Holdings Limited (Nasdaq: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual investors in China, today announced the completion of its merger (the "Merger") with Yinke Merger Co. Ltd ("Merger Sub"), a wholly owned subsidiary of Yinke Holdings Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger dated as of August 17, 2020 (the "Merger Agreement"), by and among the Company, Parent and Merger Sub. Read More

China's Number of Value-added Telecom Service Enterprises Nears 88,200

CAICT, 8/14/20

As of the end of July 2020, China's total number of enterprises holding a value-added telecommunications service license reached 88,181, up 2.96% month-on-month, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

MIIT: China Adds 249,000 Cellular Base Stations in Q2 2020

MIIT, 7/21/20

China deployed approximately 359,000 new cellular base stations during the six months from January to June, 2020, according to key communications industry infrastructure indicators newly released by China's Ministry of Industry and Information Technology (MIIT). Read More

China's Number of Value-added Telecom Service Enterprises Exceeds 84,000

CAICT, 6/16/20

As of the end of May 2020, China's total number of enterprises holding a value-added telecommunications service license reached 84,042, up 2.02% month-on-month, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Pinduoduo Subscribes to USD 200 Mln in Gome Convertible Bonds in Strategic Partnership

Pinduoduo, 4/19/20

Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More

China's Number of Value-added Telecom Service Enterprises Nears 81,100

CAICT, 4/14/20

As of the end of March 2020, China's total number of enterprises holding a value-added telecommunications service license reached 81,071, up 1.27% month-on-month, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More