News Digest

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

China News Digest: September 21, 2016

The following press releases and news reports about China companies were carried on September 21. To view a full article or story, click on the link next to the headline.
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  • Postal Savings Bank of China Set to Price Hong Kong IPO Near Low End (English article)
  • New Disclosure Shows Tencent (HKEx: 700) Owns 45 Pct of Search Engine Sogou (Chinese article)
  • NetEase (Nasdaq: NTES) Launches Cloud Service, to Invest ‘Several Billion Yuan’ (Chinese article)
  • Dangdang (NYSE: DANG) Announces Completion of Merger (PRNewswire)
  • Bright Food Approved to Buy Stake in New Zealand’s Largest Meat Processor (English article)

China News Digest: September 20, 2016

The following press releases and news reports about China companies were carried on September 20. To view a full article or story, click on the link next to the headline.
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  • Wanda Rejected as Viacom’s (NYSE: VIAb) Paramount Abandons Stake Sale Plan (Chinese article)
  • Internal Baidu (Nasdaq: BIDU) Probe Nets 17 for Corruption, Worst at Nuomi Unit (Chinese article)
  • China Unicom (HKEx: 762) Offers Biggest iPhone 7 Subsidies, Up to 49 Pct (Chinese article)
  • Zeus Entertainment (Shenzhen: 002354) Halts Plan to Invest in Baidu Video (English article)
  • LeEco (Shenzhen: 300104) Supercar Completes $1 Bln Funding, Legend Among Backers (Chinese article)

China News Digest: September 15-19, 2016

The following press releases and news reports about China companies were carried on September 15-19. To view a full article or story, click on the link next to the headline.
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  • WuMart Joins Bidding for China McDonald’s (NYSE: MCD), 3 Groups Submit Bids (Chinese article)
  • PayPal (Nasdaq: PYPL) Reaches Deeper Into China With UnionPay Partnership (English article)
  • Tesla (Nasdaq: TSLA) Investigates Potential Autopilot Link in Fatal China Crash (English article)
  • China or India Next on Pokemon Go Roadmap – Reports (Chinese article)
  • Mengniu (HKEx: 2319) Unexpected Changes Chief, Danone (Paris: DANO) Plays Bigger Role (Chinese article)

China News Digest: September 14, 2016

The following press releases and news reports about China companies were carried on September 14. To view a full article or story, click on the link next to the headline.
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  • China Postal Savings Bank $8.1 Bln IPO Mostly Covered by Cornerstone Investors (English article)
  • LeEco (Shenzhen: 300104) Launches Smartphones in Russia (Chinese article)
  • Microsoft (Nasdaq: MSFT), Huawei Join in Cybersecurity Message (English article)
  • NetEase (Nasdaq: NTES) Plans to Spin Off News Unit for IPO or Sell for $300 Mln (Chinese article)
  • Second-Hand Car Site Guazi Raises $250 Mln, to Spend 1 Bln Yuan on Ads (Chinese article)

China News Digest: September 13, 2016

The following press releases and news reports about China companies were carried on September 13. To view a full article or story, click on the link next to the headline.
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  • Alipay Adds Transaction Fee for Transfers to Bank Accounts (Chinese article)
  • China’s Regulator Tightens Control on Live Video Broadcasting (English article)
  • Didi Chuxing, Uber China Join With Local Partner to Promote New Energy Cars (Chinese article)
  • Google’s (Nasdaq: GOOG) Former China Chief Raises $674 Mln in New Funds (English article)
  • Thomas Cook, Fosun (HKEx: 656) in Joint Venture to Tap China Travel Market (Chinese article)

China News Digest: September 10-12, 2016

The following press releases and news reports about China companies were carried on September 10-12. To view a full article or story, click on the link next to the headline.
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  • Banks Asked Not to Stop Lending to Troubled Firms (English article)
  • LeEco (Shenzhen: 300104) Partners with AT&T (NYSE: T) on Super Bike Promotion in US (Chinese article)
  • LMVH Opens Stores for Guerlain Luxury Brand on Alibaba’s (NYSE: BABA) Tmall (Chinese article)
  • BYD (HKEx: 1211) Says Hasn’t Been Notified of Fine for Cheating at Tianjin Unit (Chinese article)
  • Victor Koo Rumored Stepping Down as CEO of Youku Tudou (Chinese article)

China News Digest: September 9, 2016

The following press releases and news reports about China 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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  • Foxconn (Taipei: 2317) Invests $120 Mln in Chinese Ride-Hailing App Didi Chuxing (English article)
  • China’s XIO Group Completes Acquisition of JD Power and Associates (PRNewswire)
  • Western Digital (Nasdaq: WDC), Unisplendour Celebrate New Joint Venture (Businesswire)
  • In North Korea, China’s Xiaomi Gets the People’s Pulses Racing (English article)
  • Former Homeinns CEO Takes Gen Mgr Spot at Merger Partner BTG Hotels (Shanghai: 600258)

China News Digest: September 8, 2016

The following press releases and news reports about China 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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  • Oppo Becomes Major Southeast Asia Smartphone Player, Xiaomi Enters India Top 3 (Chinese article)
  • SocGen (Paris: SOGN ) in Talks to Sell 49 Pct of China Asset Manager to Warburg (English article)
  • China Mobile (HKEx: 941) Installs Phone Scam Warning System in Inner Mongolia (Chinese article)
  • Ctrip (Nasdaq: CTRP) Announces Pricing of Offering of ADSs (PRNewswire)
  • iDreamSky (Nasdaq: DSKY) Completes Going Private Transaction (GlobeNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

China News Digest: September 7, 2016

The following press releases and news reports about China companies were carried on September 7. To view a full article or story, click on the link next to the headline.
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  • Meituan-Dianping in Rumored Merger Talks with Baidu’s Nuomi, Dining Service (Chinese article)
  • Ctrip.com Proposes Offering of $750 Mln Convertible Senior Notes (PRNewswire)
  • China’s Online Chatter Muted Ahead of Apple (Nasdaq: AAPL) iPhone 7 Launch (English article)
  • Didi Chuxing Raises Shunfeng Car Service Prices 20-50 Pct in Some Cities (Chinese article)
  • Renren (NYSE: RENN) Issues Asset-Backed Securitization (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

China News Digest: September 6, 2016

The following press releases and news reports about China companies were carried on September 6. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Starts Selling Down Meituan-Dianping Stake (Chinese article)
  • Tencent (HKEx: 700) Passes China Mobile to Become Asia’s Most Valuable Firm (Chinese article)
  • LeEco (Shenzhen: 300104) Says Car Unit to Reach Volume Production in 3 Years (Chinese article)
  • O2O Grocery Platform Huimin Secures 1.3 Bln Yuan Series B Funding (English article)
  • Phoenix Satellite TV (HKEx: 2008) Reports Interim Results (HKEx announcement)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

China News Digest: September 3-5, 2016

The following press releases and news reports about China companies were carried on September 3-5. To view a full article or story, click on the link next to the headline.
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  • China Opens Antitrust Investigation Into Uber’s Deal with Didi (English article)
  • Yum (NYSE: YUM) to Sell Stake in China Unit to Ant, Primavera Ahead of Spinoff (English article)
  • China Unicom (HKEx:762) Reports Interim Results (HKEx announcement)
  • JD.com (Nasdaq: JD) to Pilot Unmanned Delivery Robot in October (English article)
  • Gree’s (Shenzhen: 000651) Dong Challenges Xiaomi’s $45 Bln Valuation (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)