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China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of May 2025, during which China's total number of mobile phone subscribers rose to 1.807 bln, representing a net increase of approximately 3.55 mln month-on-month and 16.99 mln since the end of 2024. Read More
Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More
Telecom operator China Mobile's (NYSE: CHL; 0941.HK) Guangdong branch has reportedly received official approval to operate IPTV transmission services, according to a source at the company speaking with media outlet Beijing Business Today. Read More
Chinese online entertainment firm Perfect World (002624.SZ) has announced plans to raise up to RMB 1 bln in funding through a non-public offering. Read More
Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi (Nasdaq: IQ) has reportedly completed its acquisition of Nuomi Pictures, the film division of Baidu's online and mobile group buying platform subsidiary Nuomi.com Technology, according to a source close to the matter. Read More
China's State Council, the country's cabinet, submitted an organizational reform plan for deliberation at the first session of the thirteenth National People's Congress today. Read More
Beijing-based television value-added service provider Kuyun Interactive Technology has announced a partnership with Chinese microblogging platform Weibo (Nasdaq: WB) to release a social, interactive, and real-time video program evaluation system called "Weibo Shishi Bang." Read More
China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) has published additional regulations concerning the production and broadcasting of audio and visual programming on the internet. Read More
Leshi Sports Culture Industry Development, the sports entertainment subsidiary of Chinese online video and internet TV content provider Leshi Internet (300104.SZ), recently launched a live video broadcasting hardware and software product line called Liveman, including M1 and C1 webcams, a Liveman video broadcasting app, an F1 drone designed for aerial videography, and an L1 mobile router. Read More
The Beijing Guoan soccer club has announced an end to its partnership with Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ). Read More