Linktone's (LTON) gross revenues for the fourth quarter of 2004 increased 135% from $6.6 million for the fourth quarter of 2003 and 17% from $13.3 million for the third quarter of 2004. These results were announced as part of its financial results for the fourth quarter and fiscal year ended December 31, 2004.

By Perry Wu
In the last couple of weeks, the Chinese investing world got some surprising news. Shanda (SNDA), the upstart online games maker, announced that it had purchased a 20% stake in Sina.com (SINA), the well-established online Chinese portal.

Following last December's Bank of China fake website episodes, the English-language website of Bank of China has once again been copied and placed on a non-bank server.

Sun Zhicheng, CEO of Great Wall Computer, and Li Zhiqiang, CEO of Tsinghua Unisplendor, yesterday each separately disclosed that their respective companies have applied for mobile phone manufacturing licenses.

Sohu.com (SOHU) has launched the upgraded version of its search engine at SoGou.com with an expanded reach of 500 million Chinese-language indexed web pages.

Chinese Ambassador Sha Zukang has told a United Nations conference in Geneva that all countries, including their public and private sector agencies, should be responsible for policing and administering Internet resources.

China Telecom's Yellow Pages Information Company says it has reached an agreement with online search engine Baidu.com.

Local media reports that an organization called "Zhongguancun Next Generation Internet Industry Alliance" will be formed in Beijing on February 28 and focused on IPv6 technology.

A new survey shows 80% of Chinese college dropouts are addicted to the Internet.

The struggle for disk player national standard supremacy has ended this week with EVD's "High Density Laser Visual Disk System Technical Regulation" being announced as the recommended standard for China's electronics industry.

Tom Online (TOMO) says it today completed the purchase of online game provider, Indiagames.

For the fourth quarter 2004, The9 Limited (NCTY) reported net revenues of US$1.0 million, an increase of 0.6% from the third quarter of the year. The company announced these unaudited results today.

Ninetowns (NINE) announced its financial results for the fourth quarter and full year ended December 31, 2004. Sales from enterprise software in the fourth quarter of 2004 were US$6.6 million, an increase of 72.3% over the same period in 2003, and 7.2% over the third quarter of 2004.

A website located at http://www.qqb.cc/Q.htm is phishing for users' data as it claims to offer six-digit QQ Tencent (0700.HK) numbers free of charge.

China Netcom has posted notices in each of its business halls in Beijing telling consumers that due to a failure within its billing and collection system, the deadline for paying fixed phone fees would be postponed from Feb 25 until March 10.