Four major state-owned enterprises and the Bank of Beijing signed a strategic cooperation agreement with Hong Kong based ATV. “Quasi-shareholder” Wing Fung Holdings Chairman Wang Zheng , said he is planning to apply for a permit set up a Mandarin cable TV channel targeting at the audience of mainland China. Mr. Wang ambitiously announced that his aim is to make the whole world watch ATV which will be positioned as the Asia’s CNN. (Sing Tao Daily reported)
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