XINHUA FINANCE MAINTAINS RELATION WITH XINHUA NEWS AGENCY
AsiaInfo Services, July, 2007
AsiaInfo Services 07-12-2007 Xinhua Finance Maintains Relation with Xinhua News Agency SHANGHAI, Jul 12, 2007 (SinoCast via COMTEX) -- After Xinhua News Agency announced to terminate all the relationships with Xinhua Finance Ltd., the latter says their 20-year long agreed relationship has not changed a bit. The declaration comes from an open letter on July 9 to the shareholders of Xinhua Finance by their CEO, Fredy Bush, to upgrade the company's operating revenue index for the second quarter of 2007 in a bid to raise their confidence in the company. The announcement on April 28 says some affiliated companies of the news agency have held the stake of Xinhua Finance.
But from now on, the business cooperation between them will be acted in accordance with...
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