KongZhong (KONG) CFO departs, but leaves encouraging words

|
Includes: KZ, LTON, NTES, TOMOY
by: Ezra Marbach

Chinese wireless value-added service provider Kongzhong (ticker: KONG) announced the departure of CFO Richard Wei. The CFO was quoted as saying: ''I....regret leaving the Company at a time when the wireless services industry
has very promising opportunities". Investors, however, are concerned. The stock is down 10% in late trading.