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Stock Market & Financial Investment News

News Breaks
October 15, 2012
07:36 EDTCNETChinaNet Online announces $1M share buyback
ChinaNet Online Holdings announced that the company's board of directors has authorized the purchase of at least $1M of the company's stock over the next twelve months. COO George Chu commented: "We believe buying back our stock at current valuations is in the best interest of our shareholders, We have sufficient capital to fund our internal growth initiatives and make acquisitions when the right opportunities arise."
News For CNET From The Last 14 Days
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October 14, 2014
13:04 EDTCNETChinaNet Online rallies after announcing launch of Zero Down Payment Loans
Earlier today, ChinaNet Online announced the launch of Zero Down Payment Loans. The product, targeted toward entrepreneurs, is being offered with Chinese financial services companies Haodai, which offers a credit product search engine, and Yooli China's leading crowdfunding services Web site. ChinaNet is taking a leading role in the Zero Down Payment Loans offering. The product integrates banks, P2P, and security companies with reputable enterprise franchising resources. The service will significantly lower the hurdles that many entrepreneurs face and help them to realize their business objectives. Shares of ChinaNet Online are up almost 49% to $2.03 in midday trading.

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