ΐΦΜμΜΓappΟΒΤΨ

                                                                   EXHIBIT 10.53

                              TERMINATION AGREEMENT

         This Termination Agreement (the "Agreement") is signed in 27 November,
2003 between the following two parties.

PARTY A:          LINKTONE LTD.
'ADDRESS:         Cayman Islands, British West Indies

PARTY B:          β–‡β–‡β–‡β–‡ β–‡β–‡β–�
ADDRESS:          β–‡β–‡β–‡β–‡ β–‡β–‡β–�, β–‡β–‡. β–�, β–‡β–‡β–‡β–‡ β–‡β–‡β–�, β–‡β–‡β–‡β–‡β–‡β–‡ β–‡β–‡β–‡β–‡ β–‡β–‡β–‡β–‡, β–‡β–‡β–‡β–‡β–‡β–‡β–‡β–‡

         β–�. WHEREAS, Party A and Party B executed the equity pledge agreement
(the "Equity Pledge Agreement") in April 28th, 2003.

         2. WHEREAS, Party A and Party B intent to terminate the Equity Pledge
Agreement.

         NOW THEREFORE, both parties agree as follows:

1.       Party A and Party B agree to terminate the Equity Pledge Agreement and
         the Equity Pledge Agreement shall terminate automatically upon this
         Agreement coming into effect.

2.       Rights and obligations of Party A and Party B under the Equity Pledge
         Agreement shall terminate upon the termination of the Equity Pledge
         Agreement.

3.       This Agreement shall be effective as of the date of execution.

4.       This Agreement shall be governed by the laws of People's Republic of
         China.

5.       This Agreement is executed by Chinese and English in duplicate, and in
         case of confliction, the Chinese version shall prevail.

PARTY A: LINKTONE LTD.

Representative: /s/ β–‡β–‡β–� β–‡β–‡

PARTY B: /s/ β–‡β–‡β–‡β–‡ β–‡β–‡β–�

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