News Digest

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

News Digest: November 27, 2015

The following press releases and media reports about Chinese companies were carried on November 27. To view a full article or story, click on the link next to the headline.
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  • LeTV (Shenzhen: 300104) Raises $530 Mln in 1st Funding Round for Smartphone Unit (Chinese article)
  • Taobao to Spin Off C2C Second-hand Goods Trading Platform Xianyu – Source (English article)
  • Bank of Qingdao (HKEx: 3866) HK IPO Gets Chilly Reception, Calls on Friends (Chinese article)
  • Citic Securities (HKEx: 6030) Says Being Probed for Securities Violations (HKEx announcement)
  • Uber Says China to Pass US as Company’s Largest Market by Year-End (Chinese article)

News Digest: November 26, 2015

The following press releases and media reports about Chinese companies were carried on November 26. To view a full article or story, click on the link next to the headline.
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  • Ganji Founder to Yang Haoyong Leaves as 58.com (NYSE: WUBA) Co-CEO, Joins Guazi.com  (PRNewswire)
  • Sina (Nasdaq: SINA) Leads $200 Mln Investment in Mobile Short Video App ‘Miaopai‘ (English article)
  • UnionPay, Apple (Nasdaq: AAPL) Said to Reach Apple Pay Agreement for China (English article)
  • Qunar (Nasdaq: QUNR) Reports Q3 Financial Results (GlobeNewswire)
  • Xiaomi’s $45 Bln Valuation Seen `Unfeasible’ as Growth Cools (English article)

News Digest: November 25, 2015

The following press releases and media reports about Chinese companies were carried on November 25. To view a full article or story, click on the link next to the headline.
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  • Apple (Nasdaq: AAPL) Seeks to Launch Apple Pay in China by February – Sources (English article)
  • Unicom (HKEx: 763) Drafts Proposal to Share 4G Network with China Telecom – Reports (English article)
  • China’s HNA Agrees to Buy 24 Pct of Brazilian Airline Azul (English article)
  • LeTV (Shenzhen: 300104) Drops Listing Plan for Filmed Entertainment Unit (Chinese article)
  • Dangdang (NYSE: DANG) Announces Unaudited Q3 Results (PRNewswire)

News Digest: November 24, 2015

The following press releases and media reports about Chinese companies were carried on November 24. To view a full article or story, click on the link next to the headline.
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  • Tuniu (Nasdaq: TOUR) Announces $500 Mln Investment from HNA Tourism (GlobeNewswire)
  • Alibaba (NYSE: BABA) to Invest $1.5 Bln in Takeout Delivery Platform Ele.me (English article)
  • Alibaba’s Jack Ma Said to Be in Discussions to Buy SCMP (HKEx: 583) Stake (English article)
  • Trina Solar (NYSE: TSL) Announces Q3 Results (PRNewswire)
  • Bank of Jinzhou Starts $943 Mln Hong Kong Initial Offering (English article)

News Digest: November 21-23, 2015

The following press releases and media reports about Chinese companies were carried on November 21-23. To view a full article or story, click on the link next to the headline.
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  • Google (Nasdaq: GOOG) Aims for China Launch of App Play Store Next Year: Sources (English article)
  • China Restarts IPO Process for 10 Companies as Stocks Stabilize (English article)
  • Youku Tudou (NYSE: YOKU) Announces Q3 Unaudited Financial Results (PRNewswire)
  • Canadian Solar (Nasdaq: CSIQ) Wins 110 MWp of Solar Power Projects in Brazil (PRNewswire)
  • Meituan Denies War with Alibaba’s (NYSE: BABA) Alipay (Chinese article)

News Digest: November 20, 2015

The following press releases and media reports about Chinese companies were carried on November 20. To view a full article or story, click on the link next to the headline.
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  • China’s Mobile Users Pass 1.3 Bln, 25 Pct 4G – MIIT (Chinese article)
  • Bank of Qingdao, Investor Said to Seek $666 Mln in Hong Kong IPO (English article)
  • Canadian Solar (Nasdaq: CSIQ) Recurrent Energy Closes 100 Megawatt Project Financing (PRNewswire)
  • Shanda Games (Nasdaq: GAME) Announces Completion of Merger (PRNewswire)
  • Momo (Nasdaq: MOMO) Announces Unaudited Q3 Financial Results (GlobeNewswire)

News Digest: November 19, 2015

The following press releases and media reports about Chinese companies were carried on November 19. To view a full article or story, click on the link next to the headline.
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  • Tongwei Group Plans World’s Biggest Solar-Cell Plant in Sichuan (English article)
  • Ctrip (Nasdaq: CTRP) Reports Unaudited Q3 Financial Results (PRNewswire)
  • Kee Everbright Abandons Acquisition of Changyou (Nasdaq: CYOU) Unit 7Road (English article)
  • Weibo (Nasdaq: WB) Reports Q3 Results (GlobeNewswire)
  • Geely (HKEx: 175) Aims for 90 Pct of Sales to be Green Energy Cars by 2020 (English article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: November 18, 2015

The following press releases and media reports about Chinese companies were carried on November 18. To view a full article or story, click on the link next to the headline.
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  • Former Google (Nasdaq: GOOG) China Chief Plans to Take Startup Incubator Public (English article)
  • Fox International Inks Production Deal With China’s Huace (Shenzhen: 300133) (English article)
  • Movie Ticket Booking Platform Weiying Shidai Wins 1.5 Bln Yuan Series C Funding (English article)
  • ReneSola (NYSE: SOL) Announces Q3 Results (PRNewswire)
  • Baidu (Nasdaq: BIDU)  Confirms to Set Up Direct Sales Bank with Citic Bank (Chinese article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: November 17, 2015

The following press releases and media reports about Chinese companies were carried on November 17. To view a full article or story, click on the link next to the headline.
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  • Tsinghua Unigroup to Invest $47 Bln to Build Chip Empire (English article)
  • JD.com (Nasdaq: JD) Announces Q3 Results (GlobeNewswire)
  • Online Video Platform Mango TV to Raise 20 Bln Yuan Series B Funding – Source (English article)
  • Dalian Wanda, R&F Properties Seek Approval for Shanghai Listings (English article)
  • Citic Bank, Baidu (Nasdaq: BIDU) to Set Up Direct Sales Bank – Source (Chinese article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: November 14-16, 2015

The following press releases and media reports about Chinese companies were carried on November 14-16. To view a full article or story, click on the link next to the headline.
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  • Syngenta (Zurich: SYNN) Rejects $42 Bln ChemChina Offer (English article)
  • SouFun (NYSE: SFUN) to Acquire a Controlling Stake in Wanli (Shanghai: 600847) (PRNewswire)
  • Vipshop (NYSE: VIPS) Announces Preliminary Q3 Results (PRNewswire)
  • O2O Housing Info Service Platform Iwjw.com Secures $150 Mln Series E Funding (English article)
  • Huawei Shows Off Fast-Recharging Battery (English article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: November 13, 2015

The following press releases and media reports about Chinese companies were carried on November 13. To view a full article or story, click on the link next to the headline.
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  • China’s Postal Savings Bank Nears $8 Bln Stake Sale Ahead of IPO (English article)
  • Lenovo (HKEx: 992) Posts First Quarterly Loss in 6 Years (English article)
  • JD.com (Nasdaq: JD) Announces Singles Day Orders Up 130 Pct (GlobeNewswire)
  • Ele.me Confirms to Receive Investment from Car Services Provider Didi (Chinese article)
  • MSCI to Include Chinese ADRs in Benchmarks as Xi Focuses on Tech (English article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)