News Digest

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

China News Digest: April 12, 2016

The following press releases and news reports about China companies were carried on April 12. To view a full article or story, click on the link next to the headline.
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  • Car Inc (HKEx: 699) Hired Car Services Unit in Strategic Tie-Up with Alibaba (NYSE: BABA) (Chinese article)
  • Alibaba’s (NYSE: BABA) Koubei Soliciting Up to $2 Bln Funding – Report (English article)
  • Flight Data Company Feichangzhun Raises 933 Mln Yuan in Third Funding Round (Chinese article)
  • China’s HNA to Buy Airline Caterer Gategroup for $1.5 Bln (English article)
  • Smartphone Retailer Beijing Digital Telecom (HKEx: 6188) Eyes Kenya, Bangladesh Stores (Chinese article)

China News Digest: April 9-11, 2016

The following press releases and news reports about China companies were carried on April 9-11. To view a full article or story, click on the link next to the headline.
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  • Alibaba Affiliate Ant Financial Said to Lift Target in Record Tech Funding (English article)
  • 240 BYD (HKEx: 1211) Electric Taxis Purchased by Nanjing Stay Stranded in Shenzhen (Chinese article)
  • New Didi Kuaidi Funding Round May Raise More Than $1.5 Bln (Chinese article)
  • China Said to Push for $1.16 Bln in Loans for Yingli (NYSE: YGE) (English article)
  • YTO Express to Sell Self to Shell Company for 17.5 Bln in Backdoor China Listing (Chinese article)

China News Digest: April 8, 2016

The following press releases and news reports about China companies were carried on April 8. To view a full article or story, click on the link next to the headline.
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  • Online Grocer Yummy77 Goes Bankrupt Due to Funding Squeeze – Report (Chinese article)
  • Huawei Needs 3-5 Years to Pass Apple (Nasdaq: AAPL), Samsung – Executive (Chinese article)
  • ZTE (HKEx: 763) Dives as US Probe, Executive Shuffle Stoke Uncertainty (English article)
  • Didi Says New Funding Round Well Received, Value Exceeds Market Talk (Chinese article)
  • Mondelez (Nasdaq: MDLZ) Teams Up With Alibaba to Sell More Oreos in China (English article)

China News Digest: April 7, 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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  • China’s Homelink Said to Seek Funds at $6.2 Bln Value (English article)
  • ZTE (HKEx: 763) Announces Annual 2015 Results, Resumption of Trading (HKEx announcement)
  • Zoomlion (HKEx: 1157) Seeks to Assure Terex (NYSE: TEX) Over Deal: Sources (English article)
  • Yingli (NYSE: YGE) Gives Update from Meetings with Its Medium-Term Note Holders (PRNewswire)
  • China Integrated Circuit Fund Buys 17.6 Pct of SMIC (HKEx: 981) (HKEx announcement)

China News Digest: April 6, 2016

The following press releases and news reports about China companies were carried on April 6. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Completes SCMP Acquisition, Makes Digital Content Free (English article)
  • China’s ZTE (HKEx: 763) Names New Chief as It Grapples With US Blacklist (English article)
  • Youku Tudou (NYSE: YOKU) Announces Completion of Merger (PRNewswire)
  • Temasek Sees Valuation Concerns in Chinese Technology Industry (English article)
  • Ku6 Media (Nasdaq: KUTV) Enters Merger Agreement For Going Private (PRNewswire)

China News Digest: April 2-5, 2016

The following press releases and news reports about China companies were carried on April 2-5. To view a full article or story, click on the link next to the headline.
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  • China’s XIO Group Vies for US Auto Consultant JD Power – Sources (English article)
  • Huawei Posts Strongest Revenue Growth in 7 Years for 2015 (English article)
  • Tesla (Nasdaq: TSLA) Unveils Model 3, May Target Future China Production (Chinese article)
  • Finland’s Okmetic (Helsinki: OKM1V) Gets Takeover Bid from China’s National Silicon (English article)
  • Lenovo (HKEx: 992) Changes Motorola Brand Name to Moto on Smartphones (English article)

China News Digest: April 1, 2016

The following press releases and news reports about China companies were carried on April 1. To view a full article or story, click on the link next to the headline.
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  • China’s Anbang Abandons Bid to Buy Starwood Hotels (NYSE: HOT) (English article)
  • McDonald’s (NYSE: MCD) to Add More Than 1,000 Outlets in China (English article)
  • Google (Nasdaq: GOOG) CEO Visits China, AlphaGo May Challenge Local Go Champ (Chinese article)
  • Wanda Commercial Properties (HKEx: 3699) to Privatize 15 Months After HK IPO (Chinese article)
  • Car Inc (HKEx: 699) Hired Car Services Unit Gets 20 Bln Yuan Credit, Eyes Third Board IPO (Chinese article)

China News Digest: March 31, 2016

The following press releases and news reports about China companies were carried on March 31. To view a full article or story, click on the link next to the headline.
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  • Zheshang, Tianjin Banks Underwhelm in Hong Kong Debut (English article)
  • Midea (Shenzhen: 000333) Pays 53.7 Bln Yen for 80.1 Pct of Toshiba’s Appliance Unit (Chinese article)
  • ICBC (HKEx: 1398) Reports Annual Results for 2015 (HKEx announcement)
  • Zall Development (HKEx: 2098) Completes 30 Pct LightInTheBox (NYSE: LITB) Stake Buy (PRNewswire)
  • Qihoo 360 (NYSE: QIHU) Announces Shareholder Approval of Merger Agreement (PRNewswire)

China News Digest: March 30, 2016

The following press releases and news reports about China companies were carried on March 30. To view a full article or story, click on the link next to the headline.
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  • Anbang Wouldn’t Cross 15 Pct Offshore Investment Cap with Starwood Buy – Source (Chinese article)
  • Online Fresh Food Retailer Yiguo Gets $240-$280 Series C Funding from Alibaba, KKR (Chinese article)
  • China Said to Consider Cutting Subsidies for Electric Vehicles (English article)
  • Xiaomi Announces Mi Ecosystem Sub-Brand (company announcement)
  • Alpha and Omega Semiconductor (Nasdaq: AOSL) Announces $330 Mln China JV (GlobeNewswire)

China News Digest: March 29, 2016

The following press releases and news reports about China companies were carried on March 29. To view a full article or story, click on the link next to the headline.
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  • Anbang Trumps Marriott (NYSE: MAR), Raises Offer for Starwood (NYSE: HOT) to $14 Bln (English article)
  • China Bank Profits Flat-Line as Bad Debts Continue to Soar (English article)
  • Alibaba’s (NYSE: BABA) Cainiao Logistics Arm Forms Alliances, In Same-Day Delivery Drive (Chinese article)
  • Shanghai Disneyland (NYSE: DIS) Sells Out for Opening Day (English article)
  • Trina (NYSE: TSL) Launches Thailand Facility, Signs $143 Mln Financing Deal (PRNewswire)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 26-28, 2016

The following press releases and news reports about China companies were carried on March 26-28. To view a full article or story, click on the link next to the headline.
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  • Data Rollover Policy Shift Costs China Telecom (HKEx: 728) 2 Bln Yuan in 2 Months (Chinese article)
  • As Revenue Dives, Coolpad (HKEx: 2369) in Survival Mode Amid Awkward Transformation (Chinese article)
  • Samsung Pay (Seoul: 005930) to Launch in China at End of March (Chinese article)
  • Tencent (HKEx: 700) in Animation Tie-Up with Bilibili, 4 Others (Chinese article)
  • Great Wall Motor (HKEx: 2333) Terminates Share Sale Plan on China Market Volatility (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)