News Digest

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

News Digest: December 12-14, 2015

The following press releases and media reports about Chinese companies were carried on December 12-14. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Buying South China Morning Post, Aiming to Influence Media (English article)
  • LeTV (Shenzhen: 300104) Invests 1.9 Bln Yuan in TCL Multimedia (HKEx: 1070) (Chinese article)
  • Fosun Says Chmn Guo Assisting Govt Investigation, Still Making Company Decisions (Chinese article)
  • Tsinghua Unigroup Invests 13.5 Bln Yuan in 2 Taiwan Chip Testing Companies (Chinese article)
  • Trina (NYSE: TSL) Withdraws from EU Price Deal, to Supply EU From Overseas Facilities (PRNewswire)

News Digest: December 11, 2015

The following press releases and media reports about Chinese companies were carried on December 11. To view a full article or story, click on the link next to the headline.
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  • Fosun (HKEx: 636) Chairman, China’s Warren Buffett Guo Guangchang Goes Missing (Chinese article)
  • China’s Hippest Smartphone Maker OnePlus Warns Shakeout Will Get Worse (English article)
  • Yum (NYSE: YUM) Gives China Update, Reaffirms China Q4 Sales Guidance (Businesswire)
  • Chinese Hotpot Chain Haidilao Said to Consider $300 Mln IPO (English article)
  • Tongcheng to Enter Air Travel Space, Eyes A-Share Domestic Listing in 2016 (Chinese article)

News Digest: December 10, 2015

The following press releases and media reports about Chinese companies were carried on December 10. To view a full article or story, click on the link next to the headline.
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  • Yahoo (Nasdaq: YHOO) Reverses Plan to Spin Off Alibaba (NYSE: BABA) Stake (English article)
  • Wal-Mart’s (NYSE: WMT) China Imports Cost 400,000 US Jobs in 2001-2013: Report (English article)
  • President to Buy Qihoo 360’s (NYSE: QIHU) Enterprise Security Business – Source (English article)
  • Didi Kuaidi Appoints Yahoo (Nasdaq: YHOO) Co-Founder Jerry Yang as Adviser (English article)
  • Alibaba (NYSE: BABA) E-Auto to Become Presenting Partner of FIFA Club World Cup (Businesswire)

News Digest: December 9, 2015

The following press releases and media reports about Chinese companies were carried on December 9. To view a full article or story, click on the link next to the headline.
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  • China Resources Challenges ON Semiconductor with Fairchild (Nasdaq: FCS) Bid (English article)
  • Postal Savings Bank Signs China Life, Ant Financial, Tencent as Investors for HK IPO (Chinese article)
  • Google (Nasdaq: GOOG) Registers Company in Shanghai Free Trade Zone (Chinese article)
  • ZTE (HKEx: 763), Shanghai Oriental Pearl in Strategic Cooperation (HKEx announcement)
  • Uber Releases China ICP Permit Number in Response to WeChat Blockage (Chinese article)

News Digest: December 8, 2015

The following press releases and media reports about Chinese companies were carried on December 8. To view a full article or story, click on the link next to the headline.
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  • Taiwan’s TSMC (Taipei: 2330) to Build $3 Bln Chip Plant in Nanjing (Chinese article)
  • Homeinns (Nasdaq: HMIN) Enters into Definitive Merger Agreement (PRNewswire)
  • Alibaba’s (NYSE: BABA) AliExpress to Collect Annual Service Fee (English article)
  • Unicom (HKEx: 763) Announces Launch of Wo 4G+, to Explore Network Sharing (HKEx Announcement)
  • Huayi Bros (Shenzhen: 300027) Pays 1 Bln Yuan for 70 Pct of Feng Xiaogang’s Firm (Chinese article)

News Digest: December 5-7, 2015

The following press releases and media reports about Chinese companies were carried on December 5-7. To view a full article or story, click on the link next to the headline.
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  • Ola, Didi Kuaidi, Lyft and GrabTaxi Gang Up to Kill Uber (English article)
  • China’s Box Office Climbs 48 Pct to $6.3 Bln (English article)
  • Tencent (HKEx: 700) CEO Pony Ma Raises HK$3.8 Bln in Series of Share Sales (Chinese article)
  • Xiaomi Sued in US for Patent Infringement (Chinese article)
  • Hong Kong Billionaire Richard Li Boosts Stake in China’s ZTE (HKEx: 763) (English article)

News Digest: December 4, 2015

The following press releases and media reports about Chinese companies were carried on December 4. To view a full article or story, click on the link next to the headline.
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  • Mango TV to Complete 1.5 Bln Yuan Funding Round in January (Chinese article)
  • Baidu Music (Nasdaq: BIDU), Taihe Music Group to Merge into New Company (English article)
  • Aston Martin Turns to China’s LeTV (Shenzhen: 300104) to Soup Up Supercars (English article)
  • iKang Healthcare (Nasdaq: KANG) Adopts Shareholder Rights Agreement (GlobeNewswire)
  • Didi, Lyft Entering Four-Way Alliance to Take on Uber for Rides (English article)

News Digest: December 3, 2015

The following press releases and media reports about Chinese companies were carried on December 3. To view a full article or story, click on the link next to the headline.
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  • P2P Lending Operator Lufax Said to Seek $1 Bln at $15 Bln Value (English article)
  • Qualcomm (Nasdaq: QCOM) Jumps Most in 4 Years on Patent Deal With Xiaomi (English article)
  • Facebook (Nasdaq: FB) Plans First Asia-Pacific Data Center in Taiwan – Govt Official (English article)
  • Unicom (HKEx: 762) in New Management Shuffle at Provincial Offices – Source (Chinese article)
  • Yingli Green Energy (NYSE: YGE) Reports Q3 Results (PRNewswire)

News Digest: December 2, 2015

The following press releases and media reports about Chinese companies were carried on December 2. To view a full article or story, click on the link next to the headline.
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  • Qihoo 360 (NYSE: QIHU) May Reach Buyout Deal Within Weeks – Source (Chinese article)
  • Manchester City Group Sells 13 Pct to Chinese Investors for $400 Mln (English article)
  • CMGE Seeks Relisting in China Months After Dropping From Nasdaq (English article)
  • Alibaba (NYSE: BABA Appoints Leaders to Run France, Germany Operations (Businesswire)
  • Fosun Pharma (Shanghai: 600196) Buys $65 Mln Stake in Online Health Firm Guahao (English article)

News Digest: December 1, 2015

The following press releases and media reports about Chinese companies were carried on December 1. To view a full article or story, click on the link next to the headline.
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  • Bank of Jinzhou (HKEx: 416) Said to Be Poised to Raise $794 Mln in IPO (English article)
  • Ant Financial-Backed Korean Internet Bank Wins Approval (Chinese article)
  • iKang (Nasdaq: KANG) Receives Competing “Going Private” Proposal (GlobeNewswire)
  • 58.com (NYSE: WUBA) Reports Q3 Financial Results (PRNewswire)
  • SABMiller’s (London: SAB) Chinese Partner Said to Seek Pitches on Snow Beer JV (English article)

News Digest: November 28-30, 2015

The following press releases and media reports about Chinese companies were carried on November 28-30. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) in $5 Bln Deal to Consolidate TieTong Assets (English article)
  • Oddo Counters Fosun (HKEx: 565) with 760 Mln Euro Offer for BHF Kleinwort Benson (English article)
  • Alibaba-backed (NYSE: BABA) Evergrande Soccer Team to Raise Over $400 Mln (English article)
  • P2P Lending Site Lufax to List on HK Stock Exchange in 2016 – Source (English article)
  • 58.com (NYSE: WUBA) Hopes to Get Financial Services License in 2 Year – CEO (Chinese article)