Linktone, a Chinese mobile phone service provider, has announced an initial public offering of 6.14 million American depositary shares or ADSs.

The shares went on the market at US$ 14.00 each.

They begin trading on Thursday, New York time on the Nasdaq under the symbol "LTON."

Based in Shanghai, Linktone provides fee-based, wireless value-added media, entertainment and communications services to mobile phone users in China.

(CRI March 5, 2004)