News Digest

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

News Digest: October 13, 2015

The following press releases and media reports about Chinese 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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  • Tsinghua’s Latest Deal Is Adding Chairman of Micron (Nasdaq: MU) Venture (English article)
  • JD.com (Nasdaq: JD) Opens First US Office in Silicon Valley (company announcement)
  • Baidu (Nasdaq: BIDU), Taikang Life Lead $200 Mln Series C in E-tailer Womai (English article)
  • 58.com (NYSE: WUBA) Unit 58 Home Raises US$300 Mln Series A Funding (PRNewswire)
  • China RE IPO Raises Nearly $2 Bln, Shares to Debut on Oct 26 (Chinese article)

News Digest: October 10-12, 2015

The following press releases and media reports about Chinese companies were carried on October 10-12. To view a full article or story, click on the link next to the headline.
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  • China Resources Unit to Sell Wal-Mart (NYSE: WMT) China Store Stakes for $525 Mln (English article)
  • Huawei, ZTE (HKEx: 763) Major Smartphone Component Supplier Goes Bankrupt (Chinese article)
  • Alibaba (NYSE: BABA) to Open 2nd Silicon Valley Data Center for Rising Cloud Demand (Businesswire)
  • Baidu’s (Nasdaq: BIDU) iQiyi Unit to Offer Lions Gate (NYSE: LGF) Films in China (English article)
  • TAL Education (NYSE: XRS) Invests $30 Mln in Phoenix E-Learning (PRNewswire)

News Digest: October 9, 2015

The following press releases and media reports about Chinese companies were carried on October 9. To view a full article or story, click on the link next to the headline.
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  • China RE Sets Price Range for $2 Bln HK IPO; to Launch Deal Monday – Source (English article)
  • Meituan, Dianping CEOs Issue Email Acknowledging Merger (Chinese article)
  • China Raises Solar Installation Target for 2015 (English article)
  • China Wants Qihoo 360 (NYSE: QIHU) to Come Home – CEO (Chinese article)
  • Didi Kuaidi Receives China’s First Private Car Services License (Chinese article)

New Digest: October 6-8, 2015

The following press releases and media reports about Chinese companies were carried on October 6-8. To view a full article or story, click on the link next to the headline.
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  • Meituan, Dianping in Merger Talks – Source (Chinese article)
  • Apparel, Footwear Industry Calls for Taobao Relisting as “Notorious Market” (press release)
  • China to Hasten Roll-out of Car Charging Network: Xinhua (English article)
  • Yum’s (NYSE: YUM) China Missteps Amplify Calls For Spinoff, Other Change (English article)
  • Canadian Solar (Nasdaq: CSIQ) Closes Purchase of Ontario Assets from KKR (PRNewswire)

News Digest: October 1-5, 2015

The following press releases and media reports about Chinese companies were carried on October 1-5. To view a full article or story, click on the link next to the headline.
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  • Apple (Nasdaq: AAPL) Brings Apple Music, iTunes Movies & iBooks to Customers in China (Businesswire)
  • Didi President Liu Qing Confirms Breast Cancer, Says Work Unaffected (Chinese article)
  • Yingli (NYSE: YGE) to Restructure Payments for Mid-Term Notes Due Oct 13 (English article)
  • Twentieth Century Fox Creates New China Managing Director Position (Businesswire)
  • Shuttle Bus App ‘Dada Bus‘ Wins 200 Mln Yuan Series B Funding (English article)

News Digest: September 30, 2015

The following press releases and media reports about Chinese 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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  • Facebook’s (Nasdaq: FB) Sandberg: China Business ‘Thriving’ Amid Ban (English article)
  • Shoemaker Skechers (NYSE: SKX) Plans 4,000 China Stores in Next 3 Years (Chinese article)
  • Microsoft To Replace Bing With Baidu (Nasdaq: BIDU) on Windows 10 in China (English article)
  • 3 Telcos to Launch New Policy Allowing Data Carry-Over on Oct 1 (Chinese article)
  • Google (Nasdaq: GOOG) Unveils Nexus Phones by Huawei, LG to Battle IPhone (English article)

News Digest: September 26-28, 2015

The following press releases and media reports about Chinese companies were carried on September 26-28. To view a full article or story, click on the link next to the headline.
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  • iPhone 6s China Launch Pits Apple (Nasdaq: AAPL) vs. Analysts (English article)
  • Online Medical Platform Guahao Raises $394 Mln in New Funding (English article)
  • Postal Savings Bank to Sell 15 Pct, Possible Buyers Include Ant Financial, Tencent (Chinese article)
  • Everbright Bank (HKEx: 6818) to Raise $2.5 Bln Selling Shares to Parent (English article)
  • Huawei Reportedly Set to Cut 20,000 Jobs, Company Cites Internal “Adjustment” (Chinese article)

News Digest: September 25, 2015

The following press releases and media reports about Chinese companies were carried on September 25. To view a full article or story, click on the link next to the headline.
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  • China Telecom (HKEx: 728), Unicom (HKEx: 762) May Merge – Deutsche Bank (Chinese article)
  • Didi Kuaidi in Strategic Partnership with LinkedIn (NYSE: LNKD) (Chinese article)
  • Toshiba in White Goods Deal with China’s Skyworth (HKEx: 751) (English article)
  • Huishang Bank Turns to HK for Share Sale After China Rout (English article)
  • JD.com (Nasdaq: JD) Boosts Asia Reach With HK Office, Logistics Tie-Up (GlobeNewswire)

News Digest: September 24, 2015

The following press releases and media reports about Chinese companies were carried on September 24. To view a full article or story, click on the link next to the headline.
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  • Alibaba’s (NYSE: BABA) Tmall to Split Headquarters Between Hangzhou, Beijing (Chinese article)
  • Cisco (Nasdaq: CSCO) in $100 Mln JV with China’s Inspur Group (English article)
  • Apple (Nasdaq: AAPL) Hack Exposes Flaws in Building Apps in China (English article)
  • ReneSola (NYSE: SOL) Announces $20 Mln Share Repurchase Program (PRNewswire)
  • Tencent’s (HKEx: 700) Billionaire Founder Sells $414 Mln in Shares (English article)

News Digest: September 23, 2015

The following press releases and media reports about Chinese 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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  • LSE’s Sale of Russell Investments to Citic Securities (HKEx: 6030) May Collapse (English article)
  • 58.com (NYSE: WUBA) to Invest in 100 O2O Firms This Year, May Lose $200 Mln – CEO (Chinese article)
  • Boeing (NYSE: BA) Plans 737 Plant in China, Pledges No US Layoffs (English article)
  • LightInTheBox (NYSE: LITB) Caught in Whirlpool of Unpaid Bills (Chinese article)
  • China Three Gorges Weighs $2.3 Bln Wind Investments (English article)

News Digest: September 22, 2015

The following press releases and media reports about Chinese 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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  • Carrefour (Paris: CA) to Double China Convenience Stores by Chinese New Year (Chinese article)
  • Suning (Shenzhen: 002024) Logistics Begins Delivery Service for Tmall Supermarket (English article)
  • Xiaomi Caught in New Switcharoo Scandal for Redmi 2A Screen (Chinese article)
  • China’s Sky Solar (Nasdaq: SKYS) Soars After Signing $100 Mln Funding Pact (English article)
  • TAL Education (NYSE: XRS) to Acquire Firstleap Education (PRNewswire)