News Digest

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

News Digest: September 19-21, 2015

The following press releases and media reports about Chinese companies were carried on September 19-25. To view a full article or story, click on the link next to the headline.
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  • Qihoo (NYSE: QIHU) Raises Coolpad (HKEx: 2369) JV Stake to 75 Pct (PRNewswire)
  • SouFun (NYSE: SFUN) Announces Investment from IDG, Carlyle and Management (PRNewswire)
  • Baoding Tianwei Group to File for Bankruptcy After April Default (English article)
  • Hotel Operator Jin Jiang (HKEx: 2006) Buys 81 Pct of 7 Days Owner Plateno (Chinese article)
  • South Korea in TD-LTE Agreement with China Mobile (HKEx: 941), ZTE (HKEx: 763) (Businesswire)

News Digest: September 18, 2015

The following press releases and media reports about Chinese companies were carried on September 18. To view a full article or story, click on the link next to the headline.
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  • China Electronics in Talks to Acquire US Chipmaker Atmel (Nasdaq: ATML) (English article)
  • Alibaba’s (NYSE: BABA) Rise and Fall: What Comes After the Historic Wipeout? (English article)
  • Rail Giant CRRC Ramps up Overseas Drive as Unit Signs Las Vegas-LA Deal (English article)
  • Yingli (NYES: YGE) Signs Its Largest Solar Panel Supply Agreement to Date in China (PRNewswire)
  • Baidu (Nasdaq: BIDU) to Sell Off Music Unit Amid Copyright Difficulties – Source (Chinese article)

News Digest: September 17, 2015

The following press releases and media reports about Chinese companies were carried on September 17. To view a full article or story, click on the link next to the headline.
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  • CICC, China Reinsurance Prepare for HK IPO Hearings on Thursday – Source (Chinese article)
  • Uber Rival Lyft Teams With China’s Didi Kuaidi (English article)
  • Baidu (Nasdaq: BIDU) Could De-List From NY, Re-list in China – Chmn (Chinese article)
  • Xiaomi Rolls Out Trolley-Style Suitcase for 299 Yuan (Chinese article)
  • LightInTheBox (NYSE: LITB) Reports Q2 Financial Results (PRNewswire)

News Digest: September 16, 2015

The following press releases and media reports about Chinese companies were carried on September 16. To view a full article or story, click on the link next to the headline.
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  • Carmakers Curb China Output as Sales Growth Stalls (English article)
  • Tencent (HKEx: 700) to Invest 2 Bln Yuan in Cloud Unit Over Next 12 Months (English article)
  • Meituan Denies Rumors of Failure for Latest Funding Round (Chinese article)
  • Yahoo’s (Nasdaq: YHOO) Alibaba Spinoff Remains Cloudy After IRS Notice (English article)
  • Youku Tudou (NYSE: YOKU) Signs Licensing Deal with Paramount Pictures (PRNewswire)

News Digest: September 15, 2015

The following press releases and media reports about Chinese companies were carried on September 15. To view a full article or story, click on the link next to the headline.
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  • Apple’s (Nasdaq: AAPL) iPhone Gets Boost From China as Sales to Hit Record (English article)
  • Alibaba’s Ant Affiliate Invests in China Insurance Unit of Cathay Financial (English article)
  • China’s Jan-Aug 2015 Online Retail GMV Up 37 Pct YoY (English article)
  • Coolpad Internally Talking Settlement in Qihoo (NYSE: QIHU) JV Dispute (Chinese article)
  • Lenovo (HKEx: 992) Denies Return to OEM Smartphone Manufacturing (Chinese article)

News Digest: September 12-14, 2015

The following press releases and media reports about Chinese companies were carried on September 12-14. To view a full article or story, click on the link next to the headline.
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  • China to Issue Online Car Hire Service Regulations – Source (English article)
  • Meituan in Urgent Need of Funds as Online Take-Out Dining Wars Continue (Chinese article)
  • Boeing (NYSE: BA) Plans to Finish Some 737 Jetliners in China: Report (English article)
  • Trina (NSYE: TSL) Plans IPO of `Growthco’ to Manage Solar Farm Developments (English article)
  • Qihoo (NYSE: QIHU) Says to Detail Coolpad (HKEx: 2369) JV Violations Soon (Chinese article)

News Digest: September 11, 2015

The following press releases and media reports about Chinese companies were carried on September 11. To view a full article or story, click on the link next to the headline.
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  • Dell Says to Invest $125 Bln in China Over 5 Years (English article)
  • Lenovo (HKEx: 992) Starts OEM Smartphone Production for Other Brands – Report (Chinese article)
  • Mindray (NYSE: MR) Receives Revised Proposal to Acquire Company at $27 Per ADS (PRNewswire)
  • Didi Kuaidi Said to Join Alibaba, Tencent in Lyft Funding Deal (English article)
  • Tencent (HKEx: 700) WeBank Chief Cao Tong Resigns (Chinese article)

News Digest: September 10, 2015

The following press releases and media reports about Chinese companies were carried on September 10. To view a full article or story, click on the link next to the headline.
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  • 3 China Telcos to Start Taking iPhone 6s Orders from Sept 10 (Chinese article)
  • Alibaba’s (NYSE: BABA) Koubei to Spend 5 Bln Yuan on Offline Merchants in 2015 (English article)
  • Minsheng Investment to Spend 30 Bln Yuan on Indonesia Industrial Park (Chinese article)
  • Coolpad (HKEx: 2369) Shares Drop 17 Pct at Trading Resume, Amid Qihoo Dispute (Chinese article)
  • LeTV (Shenzhen: 300104) Invests in Battery Charging Company (Chinese article)

News Digest: September 9, 2015

The following press releases and media reports about Chinese companies were carried on September 9. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Lowers Q2 Gross Merchandise Volume Estimates (English article)
  • China Box Office Revenue Hits $4.7 Bln, Speeds Past 2014 Total (English article)
  • JD.com (Nasdaq: JD) Announces $1 Bln Share Repurchase Program (GlobeNewswire)
  • Yingli Green Energy (NYSE: YGE) Reports Q2 Results (PRNewswire)
  • Coolpad (HKEx: 2369) Complains: Qihoo (NYSE: QIHU) a Control Freak (Chinese article)

News Digest: September 8, 2015

The following press releases and media reports about Chinese companies were carried on September 8. To view a full article or story, click on the link next to the headline.
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  • Uber China Raises $1.2 Bln, Didi Kuaidi $3 Bln (English article)
  • Marriott (NYSE: MAR) Begins Accepting Alipay at China Hotels (Chinese article)
  • Qunar (Nasdaq: QUNR) Announces Organizational Realignment (GlobeNewswire)
  • GM (NYSE: GM) Posts Fourth China Sales Drop in 5 Months (English article)
  • Baidu (Nasdaq: BIDU) to Boost Spending on India, Indonesia as Mobile Sales Boom (English article)

News Digest: September 3-7, 2015

The following press releases and media reports about Chinese companies were carried on September 3-7. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Chmn Said to Plan $2 Bln Loan Against Stock (English article)
  • Snackmaker Liwayway Said to Prepare $200 Mln Hong Kong IPO (English article)
  • Apple (Nasdaq: AAPL) Watch China Sales Pass 1.07 Mln – Report (Chinese article)
  • iQiyi, Shanghai New Culture (Shenzhen: 300336) in 1 Bln Yuan Production Tie-Up (Chinese article)
  • Xiaomi Accused of False Promotion Claims for Redmi Note 2 (Chinese article)