Asia Tech Wire (Oct 31) -- Chinese smartphone maker Honor has brought in new investors like China Telecom and CICC Capital.

China Telecom joins the shareholder list of Honor after China Mobile, making both Chinese state-owned telecom carriers into shareholders of Honor.

CICC Capital is part of CICC, a leading investment management organization in China.

Other investors include China's Cornerstone, the Shenzhen city government's SDG Group, and Jinshi Xingyao, an investment platform for Honor's channel partners

For this round of financing, Honor said it adheres to the principle of open and transparent development and continues to promote the diversification of its equity structure.