News Digest

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

News Digest: January 15, 2015

The following press releases and media reports about Chinese companies were carried on January 15. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • LeTV (Shenzhen: 300104), TCL (HKEx: 1070) Form Alliance in Large Curved TVs (Chinese article)
  • 36 Charitable Health Organizations Raise Alarm on Baidu (Nasdaq: BIDU) (Chinese article)
  • Shanghai Quality Inspector Says Xiaomi Air Purifiers Substandard (Chinese article)
  • Huawei, Ericsson (NYSE: ERIC) Sign Patent Exchange Agreement (Chinese article)
  • Qunar (Nasdaq: QUNR) Rises as Ctrip Plans to Buy `Significant Minority Stake’ (English article)

News Digest: January 14, 2016

The following press releases and media reports about Chinese companies were carried on January 13. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • Shanghai Disney (NYSE: DIS) Resort to Open on June 16 (English article)
  • China Telecom (HKEx: 728), Unicom (HKEx: 762) Partner to Improve Operations (English article)
  • Yum’s (NYSE: YUM) China Sales Rose 1 Pct in December Before Planned Spinoff (English article)
  • Huawei Founder Ren Targets 30 Pct Annual Growth for Consumer Division (Chinese article)
  • HK Tycoon Richard Li Sells Down ZTE (HKEx: 763) Stake (HKEx announcement)

News Digest: January 13, 2016

The following press releases and media reports about Chinese companies were carried on January 13. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • China’s Wanda Buys Film Studio Legendary for $3.5 Bln (English article)
  • Baidu (Nasdaq: BIDU) Halts Commercial Tie-Ups in Disease Area of Tieba Social Service (Chinese article)
  • Ctrip (Nasdaq: CTRP) Fake Ticket Scandal Exposes Gray Areas in Food Chain (Chinese article)
  • Yingli (NYSE: YGE), Demeter Power Establish 300 MW Thailand Manufacturing Facility (PRNewswire)
  • Unfazed by Market Turmoil, Starbucks (Nasdaq: SBUX) Plans China Expansion (English article)

News Digest: January 12, 2016

The following press releases and media reports about Chinese companies were carried on January 12. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • China Media Capital Invests in ‘Star Wars’ Special Effects House Base FX (Chinese article)
  • Apple, Samsung supplier Biel Crystal plans $2 Bln HK IPO in 2016 – IFR (English article)
  • Uber Drives Into China Tourism Industry With HNA Group Tie-Up (English article)
  • Women’s Shopping Services Mogujie, Meilishuo Merge to Create $3 Bln Company (Chinese article)
  • ‘Star Wars: Force Awakens’ Breaks Records With $53 Mln China Debut (English article)

News Digest: January 9-11, 2016

The following press releases and media reports about Chinese companies were carried on January 9-11. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • Ping An’s Online Finance Platform Lufax Wins $900 Mln Series B Funding (English article)
  • Lenovo (HKEx: 992) Making First Google (Nasdaq: GOOG) Project Tango Phone (English article)
  • Vipshop (NYSE: VIPS) Apologizes Over Fake Moutai Scandal (Chinese article)
  • Alibaba (NYSE: BABA) Sports in  Alliance with NFL American Football League (Chinese article)
  • Xiaomi Removes Qihoo 360 (NYSE: QIHU) Products From App Store (Chinese article)

News Digest: January 9, 2016

The following press releases and media reports about Chinese companies were carried on January 9. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • Alibaba’s (NYSE: BABA) Ant Financial Approved for Internet Bank in South Korea (Chinese article)
  • Gaming Firm Perfect World Returns to China A-shares via TV Studio Affiliate (English article)
  • Ctrip (Nasdaq: CTRP) Announces $180 Mln Investment in Indian Peer MakeMyTrip (PRNewswire)
  • ZTE (HKEx: 763) Chairman Hou Weigui to Step Down at Next Board Meeting in March (Chinese article)
  • LeTV Sports in Partnership to Live Stream Major League Baseball Games in China (Businesswire)

News Digest: January 7, 2016

The following press releases and media reports about Chinese companies were carried on January 7. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • Alibaba (NYSE: BABA) CEO Outlines His 2016 Expansion Strategy (English article)
  • Netflix (Nasdaq: NFLX) Now Live in Almost All countries, Skips China (English article)
  • China Huawei’s 2015 Smartphone Shipments Jump 44 Pct, Cross 100 mln (English article)
  • Sogou’s 2015 Revenue to Reach $600 Mln – CEO (English article)
  • Jin Jiang (HKEx: 2006) Reaches Initial Framework Agreement to Buy Vienna Hotels (Chinese article)

News Digest: January 6, 2016

The following press releases and media reports about Chinese companies were carried on January 6. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • Dalian Wanda Clinches Deal for Legendary Entertainment – Source (English article)
  • Faraday Unveils Concept Electric Race Car with LeTV (Shenzhen: 300104) (English article)
  • Commerce Ministry Asks More Questions in Microsoft (Nasdaq: MSFT) Anti-Trust Probe (Chinese article)
  • New Huawei Mate 8 Smartphone Sells More Than 1 Mln Units in Less Than a Month (Chinese article)
  • Air China, China Eastern Join Airlines Parting With Qunar (Nasdaq: QUNR) (Chinese article)

News Digest: January 5, 2016

The following press releases and media reports about Chinese companies were carried on January 5. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • Alibaba’s (NYSE: BABA) Ant Financial Finance Arm Said to Seek at Least $1.5 Bln (English article)
  • New World (HKEx: 17) to Prepare Buyout Offer for $7 Billion China Unit – Source (English article)
  • Qunar (Nasdaq: QUNR) Names New CEO, CFO, COO (GlobeNewswire)
  • Smartphone Maker Meizu Cuts 5 Pct of Headcount to Boost Competitiveness (Chinese article)
  • Xiaomi Co-Founder Li Wanqiang Returns to Head Xiaomi Pictures Division (Chinese article)

News Digest: Jan 1-4, 2016

The following press releases and media reports about Chinese companies were carried on January 1-4. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • New Rumors of iQiyi Acquisition Plan by China Media Capital (CMC) (Chinese article)
  • Suning Invests 1.9 Bln Yuan in ZTE’s (HKEx: 763) Nubia Smartphone Unit (Chinese article)
  • China Southern, Hainan Air Suspend Sales Over Qunar (Nasdaq: QUNR) (Chinese article)
  • Movie Ticket Sales Jump 48 Pct in China, But Hollywood Has Reason to Worry (English article)
  • O2O Crowdsourced Delivery App Dada Lands $300 Mln Series D Funding – Source (English article)

News Digest: December 31, 2015

The following press releases and media reports about Chinese companies were carried on December 31. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════

  • China to Increase Wind, Solar Power Capacity by 21 Pct in 2016
  • McDonald’s (NYSE: MCD) Supplier OSI China Trial Concludes in Shanghai (English article)
  • China Investment Corp (CIC) Sells Down SMIC (HKEx: 981) Stake (HKEx announcement)
  • Hareonsolar De-listing Risk Up After United PV (HKEx: 686) Acquisition Hits Obstacle (Chinese article)
  • China Telecom (HKEx: 728) Announces Resigation of Chang Xiaobing as Chmn, CEO (HKEx announcement)