News Digest

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

News Digest: December 30, 2015

The following press releases and media reports about Chinese companies were carried on December 30. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) Takeout Delivery Seeks $300-500 Mln in Funding – Sources (English article)
  • European Chamber Says Still Has Concerns on China Anti-Terror Law (English article)
  • Billionaire Usmanov Says He’s Started Selling Alibaba (NYSE: BABA) Stake (English article)
  • ZTE (HKEx: 763) Targets 200 Bln Yuan in Annual Revenue by 2020 (Chinese article)
  • Head of Shanda Games (Nasdaq: GAME) Privatization Group Detained in Fraud Case (Chinese article)

News Digest: December 29, 2015

The following press releases and media reports about Chinese companies were carried on December 29. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Says Adding 200 Workers to Assist in Anti-Piracy Efforts (Chinese article)
  • Wanda Sports Sets Up Global HQ in Guangzhou, Doesn’t Rule Out Future IPO (Chinese article)
  • Deutsche Bank to Sell Huaxia (Shanghai: 600015) Stake for up to $4 Bln (English article)
  • China to Require Internet TVs Use Homegrown Smart TV OS (English article)
  • Galaxy Internet Becomes First China-Listed Venture Investor Via Backdoor Listing (Chinese article)

News Digest: December 26-28, 2015

The following press releases and media reports about Chinese companies were carried on December 26-28. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Invests $1.25 Bln in Ele.me, Becomes Largest Stakeholder (Chinese article)
  • Smartisan Says Smartphone Launch Unaffected by Manufacturing Partner Bankruptcy (Chinese article)
  • HK-Shenzhen Connect Stock Link to Launch Next Year – China Stock Official (Chinese article)
  • Tongcheng Buys Travel Site Shanghai MCTS (Chinese article)
  • China Securities Regulator Says Studying Vanke (Shenzhen: 000002) Baoneng Deal (English article)

News Digest: December 24, 2015

The following press releases and media reports about Chinese companies were carried on December 24. To view a full article or story, click on the link next to the headline.
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  • China to Cut On-Grid Tariffs for Solar, Wind Power: State Planner (English article)
  • JD.com (Nasdaq: JD) Finance Unit Solicits 5 Bln Yuan in Series A Funding – Reports (English article)
  • China Lodging (Nasdaq: HTHT) Buys 85 Pct of Rival Operator Hotel Home (Chinese article)
  • MIIT Says Has Achieved Telecoms Services Price Reduction Targets for 2015 (Chinese article)
  • LeTV (Shenzhen: 300104) Launches Virtual Reality Headset (English article)

News Digest: December 23, 2015

The following press releases and media reports about Chinese companies were carried on December 23. To view a full article or story, click on the link next to the headline.
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  • Spring Airlines (Shanghai: 601021) Japan Unit Gets 1 Bln Yuan Investment (Chinese article)
  • Zhongyin Cashmere Sued for Overselling Stakes in Shanda Games (Nasdaq: GAME) Privatization (English article)
  • Telefonica (Madrid: TELF) Halves Unicom (HKEx: 762) Stake to 2.5 Pct (HKEx announcement)
  • Huawei to Boost Foreign Smartphone Sales Ratio After Hitting 100 Mln Mark in 2015 (Chinese article)
  • Uber, Guangzhou Auto (HKEx: 2238) Partner in New Energy, Used Cars (Chinese article)

News Digest: December 22, 2015

The following press releases and media reports about Chinese companies were carried on December 22. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Hires Ex-Apple Investigator for Global Anti-Piracy Fight (English article)
  • OnePlus Denies Merger Rumors with Oppo, Says Layoffs Part of Improvement Plan (Chinese article)
  • Suning (Shenzhen: 002024) Invests 523 Mln Yuan in Jiangsu Soccer Club (Chinese article)
  • SABMiller (London: SAB) China Partner Said to Pick Banks to Advise on Snow JV (English article)
  • LightInTheBox (NYSE: LITB) Reports Q3 Financial Results (PRNewswire)

News Digest: December 19-21, 2015

The following press releases and media reports about Chinese companies were carried on December 19-21. To view a full article or story, click on the link next to the headline.
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  • Apple (Nasdaq: AAPL), Samsung to Enter China Payments Market With UnionPay (English article)
  • Qihoo 360 (NYSE: QIHU) Enters into Definitive Agreement for Going Private (PRNewswire)
  • Microsoft (Nasdaq: MSFT) Unveils Plans for China Joint Venture (English article)
  • Amazon (Nasdaq: AMZN), Oriental Pearl in Cloud Computing Partnership (Chinese article)
  • BOCI (HKEx: 3988) Sells Nanyang Commercial Bank to Cinda for HK$68 Bln (HKEx announcement)

News Digest: December 18, 2015

The following press releases and media reports about Chinese companies were carried on December 18. To view a full article or story, click on the link next to the headline.
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  • Alibaba’s (NYSE: BABA) Anti-Counterfeit Efforts ‘Too Slow,’ Says US Government (English article)
  • Sohu (Nasdaq: SOHU) Board Says Has Received Privatization Proposal (Chinese article)
  • Tencent (HKEx: 700) to Restrict Red Envelope Promotions by Didi, Others on WeChat (Chinese article)
  • Yingli Green Energy (NYSE: YGE) Announces ADS Ratio Change (PRNewswire)
  • Jefferies Said to Cut Up to 40 Positions in Hong Kong, China (English article)

News Digest: December 17, 2015

The following press releases and media reports about Chinese companies were carried on December 17. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) Plans Russia Entry in Tie-Up with Yandex – Reports (Chinese article)
  • Taiwan opposition leader calls China’s Unigroup investment plans “a huge threat” (English article)
  • Sohu (Nasdaq: SOHU).Receives Proposal For Investment In Stock And Convertible Notes (PRNewswire)
  • Japan’s Rakuten to Open Flagship Store on JD (Nasdaq: JD) Worldwide (GlobeNewswire)
  • Bona Film (Nasdaq: BONA) Enters into Merger Agreement for Going Private (PRNewswire)

News Digest: December 16, 2015

The following press releases and media reports about Chinese companies were carried on December 16. To view a full article or story, click on the link next to the headline.
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  • Disney (NYSE: DIS), Alibaba (NYSE: BABA) Team to Stream Films to Chinese Viewers (English article)
  • Huawei Says 2015 Sales to Top $60 Bln, up More Than 29 Pct from 2014 (Chinese article)
  • China Mobile (HKEx: 941) Expects to Break 500 Mln 4G Users by End 2016 (English article)
  • Takeout Food Ordering Platform Ele.me’s Daily GMV Reaches 80 Mln Yuan (English article)
  • Dongfeng Nissan Sues Evergrande Taobao Soccer Club for Breach of Contract (Chinese article)

News Digest: December 15, 2015

The following press releases and media reports about Chinese companies were carried on December 15. To view a full article or story, click on the link next to the headline.
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  • Fairchild Semiconductor (Nasdaq: FCS) Turns Down Higher, Unsolicited China Offer (English article)
  • China UnionPay, 20 Banks Launch Virtual Payment Card ‘Yunshanfu’ (English article)
  • Trina (NYSE: TSL) Announces Receipt of Proposal to Acquire the Company (PRNewswire)
  • ASE (Taipei: 2311) Proposes Outright Purchase of SPIL, Trumping Unigroup Deal (English article)
  • Ping An’s (HKEx: 2318) Lufax Close to Raising Funds at $18 Bln Value (English article)