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Regarding Hong Kong-based investment holding company CMMB Vision's (0471.HK) recently announced investment in CMMB channel turnkey services operator Fuxue (Beijing) Media, CMMB mobile TV operator China Broadcasting Corporation (CBC) issued a statement declaring that Fuxue is neither authorized to provide CMMB value-added services, nor is there any truth to the claim it is the sole provider of such services in China. Read More
Hong Kong-based investment holding company CMMB Vision (0471.HK), formerly Global Flex Holdings, has announced the establishment of CMMB Vision China, a wholly-owned subsidiary created as a wholly foreign-owned enterprise (WFOE) in Beijing, which will act as CMMB Vision's operating arm for its CMMB mobile TV businesses in China. Read More