News Digest

Follow the last news about technology, media and telecoms companies in China.

China News Digest: April 27, 2016

The following press releases and news reports about China companies were carried on April 27. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Affiliate Ant Financial Closes $4.5 Bln Funding Round (English article)
  • Mengniu (HKEx: 2319) Buys Australian Infant Forumla Maker Burra Foods for A$300 Mln (Chinese article)
  • Software Maker Maimai Found Guilty of Improper Use of Weibo (Nasdaq: WB) Data (Chinese article)
  • Bank of China (HKEx: 3988) Announces Q1 Results (HKEx announcement)
  • Former Huawei VP Probed Second Time for IP Theft After Release from Prison (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 26, 2016

The following press releases and news reports about China companies were carried on April 26. To view a full article or story, click on the link next to the headline.
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  • BOC Aviation Said to Gauge Demand for Up to $1.5 Bln IPO (English article)
  • Baidu (Nasdaq: BIDU), KFC Open Store with Stationary AI Food-Ordering Robot ‘Duer’ (English article)
  • Sohu (Nasdaq: SOHU) Reports Q1 Unaudited Financial Results (PRNewswire)
  • China Telecom (HKEx: 728) Names Yang Jie as Chairman, CEO (HKEx announcement)
  • Lenovo (HKEx: 992) Unveils the ZUK Z2 Pro Smartphone in China (Businesswire)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 23-25, 2016

The following press releases and news reports about China companies were carried on April 23-25. To view a full article or story, click on the link next to the headline.
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  • Apple’s (Nasdaq: AAPL) Book, Film Services Go Dark in China (English article)
  • China Suspends New Business Registration of Online, Offline Finance Firms – Report (English article)
  • JD.com (Nasdaq: JD) Announces Pricing of $1 Bln Notes Offering (Globe Newswire)
  • Gome (HKEx: 493, Amazon (Nasdaq: AMZN) in Strategic Partnership (Chinese article)
  • Chinese Suitors Vie for German Coffee Machine Maker WMF: Sources (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 22, 2016

The following press releases and news reports about China companies were carried on April 22. To view a full article or story, click on the link next to the headline.
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  • Wanda (HKEx: 3699) Privatization Pitch Comes With Wang’s 12 Pct Return Guarantee (English article)
  • Ctrip (Nasdaq: CTRP) to Invest 3 Bln Yuan in China Eastern in Strategic Tie-Up (PRNewswire)
  • Huawei Founder Ren Zhengfei’s Net Worth Revealed, Passes Robin Li, Pony Ma (Chinese article)
  • Xinhua Website IPO Approved by Regulator, May Come Within 2 Months (Chinese article)
  • China Unicom (HKEx: 762) Announces Q1 Results (HKEx announcement)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 21, 2016

The following press releases and news reports about China companies were carried on April 26. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) Announces Q1 Results (HKEx announcement)
  • Baidu (Nasdaq: BIDU) Video to Be Spun Off, Secures 1 Bln Yuan Funding (English article)
  • Yum (NYSE: YUM) China Sales Jump in Q1, Boosted by KFC (English article)
  • Evergrande Taobao Soccer Club Posts Nearly 1 Bln Yuan Loss, Costs Rise 50 Pct (Chinese article)
  • ZTE (HKEx: 763) Under New Leaders Eyes Return to Top 3 China Smartphone Brands (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 20, 2016

The following press releases and news reports about China companies were carried on April 20. To view a full article or story, click on the link next to the headline.
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  • Ant Financial Completes Funding Round at $60 Bln Valuation (Chinese article)
  • China Sovereign Fund to Seek Control of $8 Bln Yum (NYSE: YUM) China Unit (English article)
  • Asos Closes China Business Under Weight of Alibaba (NYSE: BABA) Competition (English article)
  • ZTE’s (HKEx: 763) Nubia Smartphone Brand Says to IPO Within 3 Years (Chinese article)
  • New Oriental Announces Fiscal Q3 Results (PRNewswire)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 19, 2016

The following press releases and news reports about China companies were carried on April 19. To view a full article or story, click on the link next to the headline.
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  • Alipay Owner Ant Financial to Start Shanghai IPO Process as Soon as 2016 (English article)
  • Tencent (HKEx: 700) CEO Ma to Donate 100 Mln Company Shares Towards Charity (company announcement)
  • Chinese Group Wants to Seal AC Milan Takeover by June (English article)
  • Siliconware Precision (Taipei: 2325) Says $1.7 Billion Tsinghua Deal Is on Hold (English article)
  • Alibaba (NYSE: BABA) Boards Paramount’s ‘Ninja Turtles,’ ‘Star Trek’ (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 16-18, 2016

The following press releases and news reports about China companies were carried on April 16-18. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Said in Talks for Syndicated Loan Up to $2 Bln (English article)
  • Alipay, Huawei Join in Fingerprint Verification Mobile Payments (Chinese article)
  • JD.com (Nasdaq: JD) in $200 Mln Merger With Take-Out Dining Platform Dada (English article)
  • Consortium Submits Preliminary Proposal to Acquire Autohome (NYSE: ATHM) (English article)
  • China’s Jan-Mar 2016 Online Retail GMV Up 28 Pct YoY (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

China News Digest: April 15, 2016

The following press releases and news reports about China companies were carried on April 15. To view a full article or story, click on the link next to the headline.
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  • McDonald’s (NYSE: MCD) Targeting Buyout Firms As It Seeks to Sell North Asia Stores (English article)
  • Google (Nasdaq: GOOG) in New China Move with Event for Entrepreneurs (Chinese article)
  • Okmetic (Helsinki: OKM1V) Board Recommends National Silicon Industry Group Offer (GlobeNewswire)
  • Focus Media (Shenzhen: 002027) to Raise 5 Bln Yuan in Share Issue After Backdoor Listing
  • US Says China to Scrap Some Export Subsidies (English article)

China News Digest: April 14, 2016

The following press releases and news reports about China companies were carried on April 14. To view a full article or story, click on the link next to the headline.
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  • Lattice (Nasdaq: LSCC) Shares Soar After China’s Tsinghua Reports Buying Stake (English article)
  • Alibaba (NYSE: BABA) and Ant Finance Offshoot invest $1.25 Bln in Ele.me (English article)
  • Baidu (Nasdaq: BIDU) in Reorganization (Chinese article)
  • VMWare (NYSE: VMW), Sugon (Shanghai: 603019) Formally Launch China JV (Chinese article)
  • AI Healthcare Technology Developer Icarbonx Raises 1 Bln Yuan Series A Funding (English article)

China News Digest: April 13, 2016

The following press releases and news reports about China companies were carried on April 13. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Buys Control of Lazada in $1 Bln Bet on SE Asia E-commerce (English article)
  • Shanda Group Makes Long Term Strategic Investment In Legg Mason (NYSE: LM) (PRNewswire)
  • Private Chinese Firm Sharing Mobile in Deal to Buy Nigerian Telco GiCell (Chinese article)
  • China Hotelier Jin Jiang (HKEx: 2006) Said to Weigh Boosting Accor (Paris: AC) Stake (English article)
  • Car Services Firm UCar secures $569 Mln, Files for Listing on New Third Board (English article)