3G era, the SP (mobile value-added services) to the eyes of the commerce one time afresh become the capital of the warm spots.
Yesterday, a founder and leader of newspapers delight Dong zhao hui investors directed by the Commonwealth of Independent Chinese publicly broadcast to be the way to twice the premium, about 40 million U.S. dollars to come by 51% of Hurray Holding the right, which will expected Hurray directed compelled to hand over administration control.
Hurray was China’s first registered on Nasdaq in the United States SP enterprises. However, SP was the every part of telecommunications development after the beat, was impelled to transition Hurray enjoyable recital content providers. Breath in the two years to procure the Huayi Brothers Music, Taiwan germs tunes, floating in the air tunes files, bird art, tunes and some sub-Shin Records.
The transition is not thriving, although, before Hurray issued fourth-quarter economic outcomes in 2008, Hurray 14.4 million U.S. dollars of total earnings, encompassing earnings from melodies three million U.S. dollars, up 39.3 per hundred decline. And its founder and CEO QD Wang furthermore resigned last month.
To this end, Dong zhao hui to a consortium commanded by the organisation assembly Hurray assault, he said: “Hurray has a very good podium for enjoyable recital and the capital, but the deficiency of good implementation team. 3G era will mislay a many possibility to stand up.” but in addition of the scenery that Dong zhao hui Hurray allocations were earnestly underestimated at this time is a good time to buy. It is stated that its 40 million U.S. dollars have been put in position to pay for gold.
By this journal, allocations Hurray the day up 32%. Hurray environs and no mention of this knowledge, the insiders said he did not know.
Qinchuan Internet analyst said: “The acquisition of a public listed company selling a very rare, we can see that in the 3G era capital Hurray such as the SP value of the company seriously underestimated by the market, regardless of the impact of the reasons why the outcry. But this can not be ruled out means of speculation. ”
In fact, since the issuance of 3G licenses, the capital market for Chinese companies are increasingly interested in SP, in February, from Australia, the Australian telecommunications carriers (Telstra) in one breath SP acquisition of two Chinese companies, involving a total of 3 million.
