Searching for "Zhang Chunjiang"
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The Cangzhou District Intermediate People's Court in Hebei province has found former China Mobile (NYSE: CHL; 0941.HK) party secretary and deputy GM Zhang Chunjiang guilty on corruption charges, handing down a death sentence with a two-year stay of execution. Read More
Chengdu-based online music provider Myoo Music Entertainment has begun allowing strategic investors to withdraw from shareholder agreements in late July. Read More
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. Read More
China Mobile (NYSE: CHL; 0941.HK) has announced that vice chairman and executive director Zhang Chunjiang is currently under investigation by relevant authorities due to "suspected serious personal violations." Read More
A spokesperson for China Mobile Communications Corporation (CMCC), the parent company of China Mobile Ltd (NYSE: CHL; 0941.HK), has confirmed that China Tietong will be absorbed into CMCC as a wholly-owned subsidiary, though it will continue for now to maintain "relatively independent" operations. Read More
Rumors are circulating that the Ministry of Industry and Information (MII) has submitted its post-restructuring upper management plan for Chinese telecom companies. Read More
A source close to the telecom reorganization has said that one recently rumored proposal has been approved, but that changes in personnel are to take place first. Read More
A draft roadmap for the restructuring of the Chinese telecommunications industry is rumored to state that China Tietong will be merged into China Mobile (NYSE: CHL; 0941.HK), with vice-minister of the Ministry of Information Industry (MII), Xi Guohua, moving into a senior position at China Mobile; China Netcom (NYSE: CN; 0906.HK) will be merged into China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and Unicom's CDMA business will be merged into China Telecom (NYSE: CHA; 0728.HK). Read More
China Telecom (NYSE: CHA; 0728.HK) and China Netcom (NYSE: CN; 0906.HK) have both recently held meetings to define strategy for 2008. Read More