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Stock Market & Financial Investment News

News Breaks
March 21, 2013
10:39 EDTCHL, CHAChina Mobile to look to charge for WeChat, China Daily says
China Mobile (CHL) Chairman Xi Guohua said the company would seek to levy charges for WeChat, a service that allows cell phone users to talk, , text, and transfer images, mostly free of charge, according to China Daily. WeChat is operated by Chinese Internet giant Tencent. Reference Link
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May 24, 2013
09:33 EDTCHLChina Mobile downgraded to Neutral from Buy at Goldman
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May 14, 2013
07:27 EDTCHLNokia introduces Lumia 925 with metal body, PureView camera
Nokia (NOK) introduced the Nokia Lumia 925, which introduces a metal design and includes the most advanced lens technology and next generation imaging software for clearer, sharper pictures and video, including the best low light images. The Nokia Lumia 925 also introduces the new Nokia Smart Camera mode, coming as an update to all Lumia Windows Phone 8 smartphones. The Lumia 925 is being introduced into Europe with Vodafone (VOD), along with other operator and retail partners. In addition to Europe, the Nokia Lumia 925 will be introduced into the US by T-Mobile (TMUS) and into China by China Mobile (CHL) and China Unicom (CHU). Sales are expected to start in the U.K., Germany, Italy, Spain and China in June, followed by the U.S. and a number of other markets.
05:56 EDTCHLChina Mobile procures 1.5M Wi-Fi APs, DigiTimes says
China mobile has procured 1.5M Wi-Fi access points from 10 suppliers through open-bid competition, reports DigiTimes. Citing a report from c1114.net, China Mobile plans to expand its Wi-Fi network to 6M hot spots in three years. Reference Link

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