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China Starts Mobile Securities Service
China kicked off a long-awaited wireless securities service via mobile phone in Shandong, a peninsula province in east China, according to the Shandong Branch of China Unicom.
China Unicom, or China United Telecommunications, is the country's second-biggest phone company.
The Shandong Branch of China Telcom cooperated with Hurray Solutions, a telcom equipment company under the listed Bit Technology Co., to provide service across the province.
A special cable connecting the branch company and securities firms allow fast information transmission for its wide bandwidth, and mobile phone users can check synchronous trading information on the stocks exchanges.
Added services via mobile phone include personal share prices alarm, checking securities commentaries and ordering financial news.
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