Israel's Infinity Group has established a CNY200 million technology venture fund with the city of Chengdu in Sichuan.

To avoid delay of telecom projects, officers from India's Prime Minister's Office, Ministry of Home Affairs, Department of Telecommunications, and intelligence organizations have jointly decided to allow Indian operators to import Chinese-made telecom equipment that are authorized by international security audit firms, or with the guarantee of banks.

Chinese retail information solutions provider Changyi Technologies has set up a strategic partnership with retail solutions provider Retalix to jointly provide more advanced information technology to Chinese retail enterprises.

Hong Kong's Hutchison Telecommunications International Limited has announced the successful spin-off and listing of the company's Hong Kong and Macau operations on the main board of the Hong Kong stock exchange.

Hong Kong's Hutchison Telecommunications (HTX) announced its results for the first six months of 2008, saying it had a total turnover up 22.0% compared with the same period last year.

Hutchison Telecommunications announced its unaudited key performance indicators for the quarter ended March 31, 2008 and said consolidated profit attributable to equity holders of the company was HK$310 million for the quarter, compared with a loss of HK$236 million for the same period last year.