Feb
14
Stocks climb on “misinterpreted” 3G report
Posted in Cellular phone news of the world
Stocks climb on “misinterpreted” 3G report: Shares in local telecom firms jumped yesterday on a report the State Council had approved a plan to launch 3G services, which analysts and officials said could be a misinterpretation. China Unicom, the nation’s second largest mobile carrier, closed at 12.29 yuan in Shanghai yesterday, up 8.82 percent. ZTE Corp, the nation’s second biggest phone-equipment maker, gained 4.39 yuan, or 7.4 percent, to 63.69 yuan.
Read full story
about Feed
