lock-up dates stay at china telecom
Article Abstract:
China Telecom (Hong Kong) has not lifted its restriction of share sales on its corporate investors. Under the restriction, the corporate investors who estimated to hold US$6.5 bn of the company are not allowed to dispose any share before the specified date 23 October without consent from the company and China International Capital Corp and Goldman Sachs (Asia). Analysts expected that the share price of China Telecom may be lowered by investors selling out shares after the restriction period. *
Comment:
Has not lifted its restriction of share sales on its corporate investors
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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Cable tries to adjust the focus
Article Abstract:
Wharf Cable has proposed to open up local TV market in response the Government's television policy review. It said a specialist unit should be set up in the IT bureau to handle anti-competitive behaviours, as well as abuse of dominance. Apart from the set up of Digital Terrestrial Television Steering Group, it also suggested the Government should co-operate with the industry to set up a joint Digital Television 2000 Committee for Hong Kong's 21 st century TV market. *
Comment:
Proposes to open up local TV market in response the Government's television policy review
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
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Comment about this article or add new information about this topic:
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