Rumor: China Unicom VP Under Investigation
C114, 1/13/10
According to informed sources, China Unicom (NYSE: CHU; 0762.HK; 600050.SH) senior vice president Zhao Xudong was taken into custody on January 12 as part of an ongoing investigation. The source said that Zhao's case and the case surrounding former China Mobile (NYSE: CHL; 0941.HK) party secretary and vice president Zhang Chunjiang are closely linked.
Editor's Note: For more background on this topic, please see "China Mobile Announces Removal of Director" MD 1/07/10 issue.
Keywords: Zhang Chunjiang Zhao Xudong China Mobile China Unicom telecom CHL 0762.HK 0941.HK 600050.SH CHU
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