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Honor Reportedly Gets China Telecom's Stake; 2 Key CN Operators Incl. China Mobile Become Shareholders
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Honor attracted investors, such as China Telecom, funds under CICC Capital, funds under Cornerstone, the SDG Fund, and the agent investment platform, to join stakes, as STAR Market Daily learned. Judging from the list of investors, this round of financing covers enterprises in the upstream and downstream of the industry, in addition to operators, and also includes the participation of agent platforms. In response to this round of financing, Honor said that it has always adhered to the development principles of openness and transparency and promoted the diversification of its shareholding structure. The addition of the above-mentioned investors aligns with this established direction. Previously, China Mobile had joined stakes in Honor. The addition of China Telecom this time implies that both of China’s major telecom operators have become shareholders of Honor. AAStocks Financial News |
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