News Digest

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

China News Digest: March 10, 2016

The following press releases and news reports about Chinese companies were carried on March 10. To view a full article or story, click on the link next to the headline.
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  • iMeigu Submits Proposal to Acquire Dangdang (NYSE: DANG) (PRNewswire)
  • Huawei Rolls Out Huawei Pay in Bid to Shake Up Mobile Payments Market (Chinese article)
  • China Smartphone Supply Chain Facing Pressure From Rising Costs – IDC (Chinese article)
  • Alibaba (NYSE: BABA) Set to Close $4 Bln Bank Loan – Reports (Chinese article)
  • Ourpalm (Shenzhen: 300315) to Buy 19 Pct of Korea’s Webzen for 1.1 Bln Yuan (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 9, 2016

The following press releases and news reports about Chinese companies were carried on March 9. To view a full article or story, click on the link next to the headline.
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  • ZTE (HKEx: 763) Urges Suppliers to Seek US Export Licensee: Source (English article)
  • Smartphone Maker Dakele Shuts Down as Backers Sever Ties (Chinese article)
  • ReneSola (NYSE: SOL) Announces Q4 and Full Year 2015 Results (PRNewswire)
  • Momo (Nasdaq: MOMO) Founder Dismisses Alibaba Takeover Rumors (Chinese article)
  • Phoenix New Media (NYSE: FENG) Reports Q4 and Fiscal Year Results (PRNewswire)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 8, 2016

The following press releases and news reports about Chinese companies were carried on March 8. To view a full article or story, click on the link next to the headline.
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  • Ant Financial Set to Raise $3.1 Bln, Valued at $50 Bln (Chinese article)
  • Jin Jiang (HKEx: 2006) Raises Accor Hotels (Paris: AC) Stake to 11.7 Pct (Chinese article)
  • Xiaomi Won’t Go Public Within 5 Years, Has 10 Bln Yuan in Cash – CEO (Chinese article)
  • China Media Capital Invests in Ron Howard’s Imagine Entertainment (Chinese article)
  • China Angered by Planned US Export Restrictions on ZTE (HKEx: 763) (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 5-7, 2016

The following press releases and news reports about Chinese companies were carried on March 5-7. To view a full article or story, click on the link next to the headline.
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  • Wanda’s AMC (NYSE: AMC) Theater Chain to Buy Carmike for $1.1 Bln (English article)
  • Tencent (HKEx: 700) to Invest $1 Bln in Sohu (Nasdaq: SOHU) Video Unit – Source (Chinese article)
  • Adidas (Frankfurt: ADS) to Boost China Outlets by a Third With 3,000 Stores (English article)
  • Hutchison China MediTech Announces Launch of Potential US IPO of ADSs (Businesswire)
  • Bank of China (HKEx: 3988) to Spin Off, Separately List BOC Aviation Unit (HKEx announcement)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 4, 2016

The following press releases and news reports about Chinese companies were carried on March 4. To view a full article or story, click on the link next to the headline.
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  • IBM (NYSE: IBM) Considers Selling Lenovo (HKEx: 992) Stake – Report (Chinese article)
  • Smartphone Growth to Drop to Single Digits in 2016, Led by China’s Maturation – IDC (Businesswire)
  • Trina Solar (NYSE: TSL) Announces Q4 and Full Year Results (PRNewswire)
  • LeEco (Shenzhen: 300104) Cloud Secures 1 Bln Yuan Series A Funding (English article)
  • Tencent’s (HKEx: 700) Pony Ma Explains Decision to Charge WeChat Money Transfer Fee (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 3, 2016

The following press releases and news reports about Chinese companies were carried on March 3. To view a full article or story, click on the link next to the headline.
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  • Qualcomm (Nasdsaq: QCOM) Fined $7.5 Mln in US for Bribery in China, Denies Charges (Chinese article)
  • Jack Ma’s Ant Financial Said to Be in Talks for Caixin Stake (English article)
  • Sina (Nasdaq: SINA) Reports Q4 and Fiscal Year Results (PRNewswire)
  • Deadline Expires for Minsheng Bank (HKEx: 1988) in Talks for HK Broker Quam Stake (HKEx announcement)
  • Ele.me Says Working with Alibaba (NYSE: BABA) on Take-Out Dining, Denies Merger (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 2, 2016

The following press releases and news reports about Chinese companies were carried on March 2. To view a full article or story, click on the link next to the headline.
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  • Qiyi.com, Universal Music Team Up in Paid Music Service (Chinese article)
  • JD.com (Nasdaq: JD) Announces Q4 and Full Year 2015 Results (GlobeNewswire)
  • Qunar (Nasdaq: QUNR) Taking Part in Application for New Airline in Shenzhen (Chinese article)
  • Hard Rock Expands in China to Tap Growing Leisure Industry (English article)
  • China Resources Said Near SAB (London: SAB) JV Buyout for About $2 Bln (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: March 1, 2016

The following press releases and news reports about Chinese companies were carried on March 1. To view a full article or story, click on the link next to the headline.
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  • US Lawmakers Urge Caution on Potential Chinese Deal to Buy US Crane Maker (English article)
  • Citi (NYSE: C) to Sell Stake in China Guangfa Bank (Businesswire)
  • SAPPRFT to Strengthen Supervision of Online Video Series (English article)
  • Gree (Shenzhen: 000651) Products to Return to Suning (Shenzhen: 002024) Stores (Chinese article)
  • Alibaba (NYSE: BABA) Joined by Ma, Tsai for $500 Mln Stock Purchase (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: February 27-29, 2016

rThe following press releases and news reports about Chinese companies were carried on February 27-29. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Said to Seek Up to $4 Bln Loan From 8 Banks (English article)
  • BYD (HKEx: 1211) Announces Preliminary Results for Full-Year 2015 (HKEx announcement)
  • While it Defies US, Apple (Nasdaq: AAPL) Abides by China’s orders — And Reaps Big Rewards (English article)
  • After Leaving 58.com (NYSE: WUBA) as Co-CEO, Ganji Founder Yang Haoyong Leaves as Co-Chairman (Chinese article)
  • Hotel Operator Jin Jiang (HKEx: 2006) Closes Purchase of Majority Plateno Stake (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: February 26, 2016

The following press releases and news reports about Chinese companies were carried on February 26. To view a full article or story, click on the link next to the headline.
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  • Visa (NYSE: V) Signs MOU with China UnionPay (English article)
  • Baidu (Nasdaq: BIDU) Announces Q4 and Fiscal Year Results (PRNewswire)
  • China to Launch Commercial 5G Service in 2020 – MIIT (Chinese article)
  • NetEase Reports Q4 and Fiscal Year 2015 Financial Results (PRNewswire)
  • Wal-Mart (NYSE: WMT) to Open 30 China Stores, Upgrade 60, Build up Cross-Border E-Commerce (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

China News Digest: February 25, 2016

The following press releases and news reports about Chinese companies were carried on February 25. To view a full article or story, click on the link next to the headline.
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  • Didi Kuaidi Raising $1 Bln at Valuation of More Than $20 Bln (English article)
  • China Southern (HKEx: 1055) Makes Deep Discount Tickets Exclusive to Own Site (Chinese article)
  • Wanda Seeking $1.5 Bln Investment for Film Unit – WSJ (English article)
  • Vipshop (NYSE: VIPS) Reports Q4 and Full Year Financial Results (PRNewswire)
  • Xiaomi Announces Next-Generation Mi 5 Smartphone, Mi 4s  (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)