News Digest

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

China News Digest: October 13, 2016

The following press releases and news reports about China companies were carried on October 13. To view a full article or story, click on the link next to the headline.
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  • Apple (Nasdaq: AAPL) to Set Up R&D Center in Shenzhen, Bolster China Ties (English article)
  • Baidu (Nasdaq: BIDU) Forms 20 Bln Yuan Internet Project Investment Fund (English article)
  • Supermarket Operator RT-Mart Closes Stores for First Time in 19 Years (Chinese article)
  • GM (NYSE: GM) Ventures into China Car-Sharing with App Developer Investment (English article)
  • Sky-mobi (Nasdaq: MOBI) Announces Shareholder Meeting to Vote on Privatization (PRNewswire)

China News Digest: October 12, 2016

The following press releases and news reports about China companies were carried on October 12. To view a full article or story, click on the link next to the headline.
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  • Yum (NYSE: YUM) Details Transformation Plans after China Separation (Businesswire)
  • SF Express Backdoor Listing Plan Approved by China Securities Regulator (Chinese article)
  • NetEase (Nasdaq: NTES) Breaks into Smart Device Market (English article)
  • Solar Panel Maker LDK Bankruptcy Approved; Creditors Take Huge Losses (English article)
  • Shanyang (Shanghai: 600146) Buys US Apparel Brand Oneworld Star for $280 Mln (Businesswire)

China News Digest: October 11, 2016

The following press releases and news reports about China companies were carried on October 11. To view a full article or story, click on the link next to the headline.
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  • ZTO Express Files Prospectus for NY IPO to Raise up to $150 Mln (Chinese article)
  • Shared Bike Service Ofo Raises $130 Mln, to Work With Xiaomi, Didi (Chinese article)
  • China Unicom (HKEx: 762) Says Studying Mixed Ownership Reform Program (HKEx announcement)
  • SMG’s BesTV Enters Strategic Partnership with NBA (Chinese article)
  • Hollysys (Nasdaq: HOLI) to Pay a Regular Annual Dividend for 2016 (PRNewswire)

China News Digest: October 8-10, 2016

The following press releases and news reports about China companies were carried on October 8-10. To view a full article or story, click on the link next to the headline.
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  • Lenovo (HKEx: 992) in Talks to Take Over Fujitsu’s PC Business: Source (English article)
  • NetEase (Nasdaq: NTES) Media Arm Submits Draft Registration to SEC for US IPO (PRNewswire)
  • Wal-Mart (NYSE: WMT) Doubles Stake in JD.com (Nasdaq: JD) Moving Further Into China  (English article)
  • It’s Official: LeEco (Shenzhen: 300104) Will Break US Boundaries on October 19 (English article)
  • Hollywood’s Digital Domain Takes Citic and SoftBank China as Strategic Investors (Businesswire)

China News Digest: September 30, 2016

The following press releases and news reports about China companies were carried on September 30. To view a full article or story, click on the link next to the headline.
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  • Starbucks (Nasdaq: SBUX) to Try Take-Out Dining, Partner May be Baidu (Nasdaq: BIDU) (Chinese article)
  • MSCI Still Monitoring China A Shares After ‘Positive’ Signs (English article)
  • China Sees Commercial 5G Telecoms Rollout in 2020, Speeds up to 20 GB/Second (Chinese article)
  • Baic Motor VP Joins Baidu’s (Nasdaq: BIDU) Driverless Car Division (English article)
  • Former Qualcomm Exec Joins LeEco (Shenzhen: 300104) to Develop US Market (Chinese article)

China News Digest: September 29, 2016

The following press releases and news reports about China companies were carried on September 29. To view a full article or story, click on the link next to the headline.
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  • China Postal Savings Bank (HKEx: 1658) Fails to Make Waves in $7.4 Bln HK Debut (English article)
  • New Century Cruise (Shenzhen: 002558) to Buy Mobile Games Business Playtika (English article)
  • Fosun (HKEx: 656) Joins First Public-Private Funded High-Speed Rail Line Group (Chinese article)
  • Apple (Nasdaq: AAPL) Picks Beijing for First China R&D Center, to Invest 300 Mln Yuan (Chinese article)
  • Baidu (Nasdaq: BIDU) Self-Driving Car to Debut in 2018, Cost More Than 1 Mln Yuan (Chinese article)

China News Digest: September 28, 2016

The following press releases and news reports about China companies were carried on September 28. To view a full article or story, click on the link next to the headline.
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  • Lenovo (HKEx: 992) Cuts 1,000, Including More than Half of Motorola Staff (Chinese article)
  • Blizzard, NetEase (Nasdaq: NTES) Renew Operation Agreement in China (PRNewswire)
  • Paid Q&A Service Fenda Reappears After 47 Day Pause, Only Offers Medical Advice (Chinese article)
  • Starbucks (Nasdaq: SBUX), Master Kong in Tie-Up for Drinks from 10 Yuan (Chinese article)
  • Xiaomi Guns for Apple (Nasdaq: AAPL) With Latest Premium Smartphone (English article)

China News Digest: September 27, 2016

The following press releases and news reports about China companies were carried on September 27. To view a full article or story, click on the link next to the headline.
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  • Yum (NYSE: YUM) Board Approves Separation of Yum China, Increases Dividend (Businesswire)
  • Merchants Securities (HKEx: 6099) Makes IPO, Tencent’s Pony Ma Among Investors (Chinese article)
  • Dick Clark Productions in Talks to Be Bought by China’s Wanda (English article)
  • Didi Chuxing Invests 8-digit US Dollar Sum in Bicycle Sharing App Ofo (English article)
  • Meituan Dianping Acquire Payments Company, Receives License (Chinese article)

China News Digest: September 24-26, 2016

The following press releases and news reports about China companies were carried on September 24-26. To view a full article or story, click on the link next to the headline.
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  • P2P Lender Lufax Taps 4 Banks for HK IPO to Raise up to $5 Bln: Sources (English article)
  • Fake Bank Documents Discovered From China Group Buying AC Milan (Chinese article)
  • Shanhai Capital to Acquire Analogix Semiconductor for Over $500 Mln (Businesswire)
  • Xinhuanet, Bank of Shanghai Among 12 Companies Approved for Domestic IPOs (Chinese article)
  • 6 Agencies Requires 100 Pct Real Name Registration for Mobile Users by Year End (Chinese article)

China News Digest: September 23, 2016

The following press releases and news reports about China companies were carried on September 23. To view a full article or story, click on the link next to the headline.
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  • US Bank Regulators Join Investigation Into JPMorgan’s (NYSE: JPM) China Hiring (English article)
  • UCar Launches Consumer Private Car Services Platform, Challenges Didi-Uber (Chinese article)
  • Carlyle Sues China ATM Firm Seeking $369 Mln Over Missed IPO (English article)
  • Smart Robot Developer Rooboo Secures $100 Mln Series A Funding (English article)
  • New Management Shakeup at Autohome (NYSE: ATHM) With Exit of Co-Founder, VP (Chinese article)

China News Digest: September 22, 2016

The following press releases and news reports about China companies were carried on September 22. To view a full article or story, click on the link next to the headline.
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  • Alibaba Takes Lead in China Digital Ad Market, Baidu Drops to Second (press release)
  • Postal Savings Bank of China IPO Raises $7.4 Bln After Pricing at Low End (English article)
  • China Telecom (HKEx: 728) to Close Accounts Without Real Name Registration (Chinese article)
  • Sony (Tokyo: 6758) Close to Motion Picture Alliance With China’s Wanda (English article)
  • Filing Shows Smartisan Value Drops By 500 Mln Yuan in Half Year (Chinese article)