Traditional Culture Encyclopedia - Traditional culture - Composition of shareholders of Phoenix TV Station
Composition of shareholders of Phoenix TV Station
Today, the major shareholders in Asia are powerful and have rich operating experience in the Chinese mainland market. Over the years, they have invested nearly 10 billion in oil trade, highways, transportation, real estate and other fields. China Mobile is a telecom giant in China with strong strength. Star Media is wholly owned by American News Group and has rich international experience. Nowadays, the extensive and close relationship between Asia and Chinese mainland has created a good policy environment for Phoenix TV to enter the China market. Huaying International, a subsidiary of Bank of China, has rich financial and Chinese mainland project development capabilities. The total assets of its parent company, Bank of China, are about 2.8 trillion RMB.
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