News Digest

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

News Digest: June 12, 2015

The following press releases and media reports about Chinese companies were carried on June 12. To view a full article or story, click on the link next to the headline.
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  • Homeinns (Nasdaq: HMIN) Announces Receipt of “Going Private” Proposal (PRNewswire)
  • Integrated Silicon (Nasdaq: ISSI) Agrees To Be Bought By China’s Uphill (English article)
  • Xiaomi Invested 1.8 Bln Yuan in its Content Business Since November 2014 (English article)
  • Qualcomm (Nasdaq: QCOM) Greater China President Resigns for Job at Xiaomi (Chinese article)
  • Alibaba (NYSE: BABA) Chief Jack Ma Says No Plans to Buy Yahoo, eBay (Chinese article)

News Digest: June 11, 2015

The following press releases and media reports about Chinese companies were carried on June 11. To view a full article or story, click on the link next to the headline.
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  • Towers Watson, Shanda, Citic Vying for Russell Investments – Sources (English article)
  • Hunan TV’s Mango TV Raises 500 Mln Yuan, Valued At More Than 7 Bln Yuan (Chinese article)
  • LeTV (Shenzhen: 300104), Unicom (HKEx: 763) Offer 4G Deals With Free Phone (Chinese article)
  • Renren (NYSE: RENN) Announces Receipt of “Going Private” Proposal (PRNewswire)
  • General Mills (NYSE: GIS) Launches Yoplait Yogurt Brand in China (Chinese article)

News Digest: June 10, 2015

The following press releases and media reports about Chinese companies were carried on June 10. To view a full article or story, click on the link next to the headline.
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  • E-House (NYSE: EJ) Announces Receipt of Preliminary “Going Private” Proposal (PRNewswire)
  • Jiayuan (Nasdaq: DATE) Announces Receipt of Amended “Going Private” Proposal (PRNewswire)
  • Ctrip (Nasdaq: CTRP) Denies Plan To Outright Acquire Car Services Firm Yidao (Chinese article)
  • Car Maintenance B2C Platform Tuhu Yangche Wins $100 Mln Series C Funding (English article)
  • 500.com (NYSE: WBAI) Welcomes Tshinghua Unigroup as Strategic Investor (PRNewswire)

News Digest: June 9, 2015

The following press releases and media reports about Chinese companies were carried on June 9. To view a full article or story, click on the link next to the headline.
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  • LeTV (Shenzhen: 300104), iQiyi, Others Probed For Pornographic Cartoons (Chinese article)
  • Social Security Fund Buys 640 Mln Citic Securities (HKEx: 6030) Shares In Tie-Up (Chinese article)
  • Baidu (Nasdaq: BIDU) Acquires Local Japanese Advertising Firm PopIn (Chinese article)
  • Shunfeng (HKEx: 1165) to Boost Suntech Solar Factory Capacity by 1 Gigawatt (English article)
  • Indonesia’s Bank Windu Says Pursuing ‘Corporate Action’ With CCB (HKEx: 939) (English article)

News Digest: June 5, 2015

The following press releases and media reports about Chinese companies were carried on June 5. To view a full article or story, click on the link next to the headline.
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  • Alibaba Pictures (HKEx: 1060) To Raise $1.6 Bln in Share Sale For Media Acquisitions (English article)
  • Mindray (NYSE: MR) Receives “Going Private” Proposal at $30.00 Per ADS (PRNewswire)
  • WH Group (HKEx: 288) Announces Sale of Campofrio Stake For $354 Mln (GlobeNewswire)
  • Supermarket and Consumer Electronics Chain Bubugao to Raise 3.4 Bln Yuan (English article)
  • Wanda Group E-Commerce CEO Resigns, Cites Personal Reasons (Chinese article)

News Digest: June 4, 2015

The following press releases and media reports about Chinese companies were carried on June 4. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) To Invest 1.2 Bln Yuan In Financial Newspaper CBN (Chinese article)
  • BYD (HKEx: 1211) To Raise Up To 15 Bln Yuan Through New A-Share Issue (HKEx announcement)
  • LeTV (Shenzhen: 300104) to Invest HK$6 Bln in Hong Kong TV Market (English article)
  • Ctrip (Nasdaq: CTRP) Says No Longer Wants M&A With Qunar (Nasdaq: QUNR) (PRNewswire)
  • European Business Lobby Slams China’s Draft National Security Law (English article)

News Digest: June 3, 2015

The following press releases and media reports about Chinese companies were carried on June 3. To view a full article or story, click on the link next to the headline.
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  • Focus Media To Inject Assets To Hongda (Shenzhen: 002211) For Up To 45.7 Bln Yuan (Chinese article)
  • Sina (Nasdaq: SINA) Announces Agreement with CEO for US$456 Mln Cash Investment (PRNewswire)
  • Taomee (NYSE: TAOM) Receives “Going Private” Proposal at $3.588 Per ADS (PRNewswire)
  • Wanda Cinema Line (Shenzhen: 002739) Buys Australian Cinema Chain Hoyts (English article)
  • Kunlun Tech (Shenzhen: 300418) To Buy Finnish Game Maker Supercell – Source (English article)

News Digest: June 2, 2015

The following press releases and media reports about Chinese companies were carried on June 2. To view a full article or story, click on the link next to the headline.
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  • LeTV’s (Shenzhen: 300104) Leshi Mobile Raises $400 Mln Series A Funding (English article)
  • Google (Nasdaq: GOOG) Weighs China App Store, Offers Smartphone Subsidies (Chinese article)
  • Silver Lake Leads $500 Mln Investment In Travel Site Qunar (Nasdaq: QUNR) (GlobeNewswire)
  • KFC (NYSE: YUM) Sues Chinese Companies For Online Rumors About Its Food (English article)
  • JD.com (Nasdaq: JD) Launches Japanese Mall Imported Goods Platform (GlobeNewswire)

News Digest: May 30-June 2

The following press releases and media reports about Chinese companies were carried on May 30-June 2. To view a full article or story, click on the link next to the headline.
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  • IMAX China Files For HK IPO, Betting on Booming Film Demand (English article)
  • Ctrip (Nasdaq: CTRP) Says Outage Due to Staff Error, Not Hack (English article)
  • Solarworld (Frankfurt: SWVK) Gains EU Probes of Possible China Duty Evasion (English article)
  • Alibaba (NYSE: BABA), Yahoo Japan (Tokyo: 4689) To Open Tmall Japan Pavillion (Chinese article)
  • Vipshop (NYSE: VIPS) Comes Under New Short Seller Attack, Shares Drop 6 Pct (Chinese article)

News Digest: May 29, 2015

The following press releases and media reports about Chinese companies were carried on May 29. To view a full article or story, click on the link next to the headline.
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  • China’s Top Online Travel Agent Ctrip (Nasdaq: CTRP) Taken Offline By Hackers (English article)
  • BOC Hong Kong (HKEx: 2388) Said to Narrow Bids for $6.8 Bln Nanyang Bank (English article)
  • Alibaba’s (NYSE: BABA) Online Bank Secures Launch Approval (English article)
  • HK Securities Regulator Confirms Investigation of Hanergy (HKEx: 566) (Chinese article)
  • Dangdang (NYSE: DANG) Announces Unaudited Q1 Results (PRNewswire)

News Digest: May 28, 2015

The following press releases and media reports about Chinese companies were carried on May 28. To view a full article or story, click on the link next to the headline.
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  • Buffett-Backed Automaker BYD (HKEx: 1211) Plans Up To $1.9 Bln Placement (English article)
  • Blocked in China, Twitter (NYSE: TWTR) Still Courts Chinese Firms For Ads (English article)
  • Sina Weibo (Nasdaq: WB) to Invest $142 Mln in Taxi App Didi Kuaidi (English article)
  • Gucci China Discounts Prompt Lines as Bagmaker Clears Stock (English article)
  • Chinese Airline Juneyao IPO Surges by Limit 44 Pct on Shanghai Debut (English article)