In today's analyst briefing on the Announcement of the Merger between China Netcom (NYSE: CN; 0906.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH), China Unicom chairman and CEO Chang Xiaobing disclosed the post-merger shareholding structure of the New China Unicom: Netcom Group (29.49%), Unicom Group (40.92%, among which, A-shares account for 82.10%), and public shareholders (29.59%).

Chang also unveiled the transaction timetable: resuming trading on Hong Kong Stock Exchange on June 3; hold shareholders' meeting around September; complete merger in Q4 2008.

Source:NetEase