China Construction Bank has formally launched a mobile phone stock market service in cooperation with China Jianyin Investment Securities, China Mobile (CHL) and China Unicom (CHU) in order to seize a more advantageous position in the mobile value-added service market.
With this MVAS service, stock brokers no long need to stay at the stock exchange market or in front of a computer all the time to watch the stock price charts. Instead, they can check the market situation wherever and whenever they want through their mobile phones.
At present, China Construction Bank's mobile phone stock market service provides real-time stock price changes, stock price history and other stock market related information. The stock exchange service is expected to be added later this year.
China Construction Bank does not charge any fee for the service, however, users need to pay information traffic fees to the telecom operators.