Past Tense

3G era, the SP (mobile value-added services) to the eyes of the industry once again become the capital of the hot 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 recorded on Nasdaq in the United States SP enterprises. However, SP was the whole telecommunications commerce after the hit, was compelled to transition Hurray amusement content providers. Breath in the two years to come by the Huayi Brothers Music, Taiwan kernels melodies, soaring melodies notes, bird art, melodies and several sub-Shin Records.

The transition is not winning, even so, before Hurray liberated fourth-quarter fiscal effects in 2008, Hurray 14.4 million U.S. dollars of total wages, embracing wages from tunes three million U.S. dollars, up 39.3 out of 100 decline. And its founder and CEO QD Wang in addition 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 report, portions Hurray the day up 32%. Hurray locality and no mention of this data, 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 item, since the issuance of 3G certificates, the capital market for Chinese financial gatherings are more and more fascinated in SP, in February, from Australia, the Australian telecommunications carriers (Telstra) in one inhalation SP acquisition of two Chinese financial gatherings, including a total of 3 million.