News Digest

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

News Digest: May 26, 2015

The following press releases and media reports about Chinese companies were carried on May 26. To view a full article or story, click on the link next to the headline.
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  • Didi Kuaidi Meet Driver Opposition Post-Merger, May Target Q4 IPO (Chinese article)
  • Foreign Drugmakers Face More Pressure to Lower Prices in China (English article)
  • Tuniu (Nasdaq: TOUR) Announces Unaudited Q1 Financial Results (GlobeNewswire)
  • JA Solar (Nasdaq: JASO), Essel Infraprojects Sign MOU on 500MW PV Joint Venture (PRNewswire)
  • Xiaomi Mi 4i Update Aims To Fixing Overheating Problems (English article)

News Digest: May 23-25, 2015

The following press releases and media reports about Chinese companies were carried on May 23-25. To view a full article or story, click on the link next to the headline.
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  • Expedia (Nasdaq: EXPE) Announces Sale Of eLong (Nasdaq: LONG) Stake (PRNewswire)
  • Alibaba-backed Baozun’s (Nasdaq: BZUN) Shares Seesaw in Choppy Debut (English article)
  • Didi Announces 1 Bln Yuan in Free Car Promotions in 12 Chinese Cities (Chinese article)
  • CCTV Sues LeTV (Shenzhen: 300104) for Copyright Violations, Seeks 3 Mln Yuan (Chinese article)
  • Huatai Securities Prices $4.5 Bln HK Share Sale at Top of Range (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 22, 2015

The following press releases and media reports about Chinese companies were carried on May 22. To view a full article or story, click on the link next to the headline.
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  • Tsinghua Unigroup To Buy 51 Pct of HP’s (NYSE: HPQ) H3C For $2.5 Bln or More (Chinese article)
  • Bank Of China (HKEx: 3988) Weighs Overhaul For BOCHK (HKEx: 2388) Unit (HKEx announcement)
  • Lenovo (HKEx: 992) Reports Results For Quarter Ended March 31 (HKEx announcement)
  • Online Long-term Apartment Rental Platform Mofang Wins $200 Mln Funding (English article)
  • ZTE (HKEx: 763) Seeks More NBA Partnerships To Boost US Smartphone Sales (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 21, 2015

The following press releases and media reports about Chinese companies were carried on May 21. To view a full article or story, click on the link next to the headline.
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  • Microsoft (Nasdaq: MSFT) Xbox One Gets $100 Price Drop in China to Boost Sales (English article)
  • Disney (NYSE: DIS) Opens Its First And Largest Store In The World In Shanghai (Businesswire)
  • Yingli (NYSE: YGE) Responds To Media Coverage Of Its Ability As a Going Concern (PRNewswire)
  • Youku Tudou (NYSE: YOKU) Announces Q1 Unaudited Financial Results (PRNewswire)
  • Solar Maker Hanergy (HKEx: 566) Plunges, Losing Nearly $19 Bln in 24 Minutes (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 20, 2015

The following press releases and media reports about Chinese companies were carried on May 20. To view a full article or story, click on the link next to the headline.
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  • Uber Joins Baidu (Nasdaq: BIDU) As Nokia’s Maps Unit Draws Multiple Bidders (English article)
  • Bank of Communications (HKEx: 3328) Agrees To Buy 80 Pct Of Brazil’s BBM (English article)
  • China’s Unigroup Says Wins Bid To Buy 51 Pct Stake In HP (NYSE: HP) Unit (English article)
  • E-House (NYSE: EJ) Reports Q1 Results (PRNewswire)
  • China Mobile Games (Nasdaq: CMGE) Announces Receipt of Buy-Out Offer (PRNewswire)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 19, 2015

The following press releases and media reports about Chinese companies were carried on May 19. To view a full article or story, click on the link next to the headline.
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  • Focus Media Eyes Backdoor Listing Using Hongda New Materials (Chinese article)
  • Yingli (NYSE: YGE) Falls On Saying ‘Substantial Doubt’ It Will Continue (English article)
  • Xiaomi Opens Its Online Accessory Shop In The US And Europe (English article)
  • China Mobile (HKEx: 941) Establishes Mobile Internet Partnership (HKEx announcement)
  • JD.com (Nasdaq: JD) Invests $170 Mln For 10 Pct Of Software Maker Kingdee (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 16-18, 2015

The following press releases and media reports about Chinese companies were carried on May 16-18. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Sued In US By Luxury Brands Over Counterfeit Goods (English article)
  • Netflix (Nasdaq: NFLX) Tops $600 A Share, Said In Talks To Enter China (English article)
  • iQiyi Denies Rumors of Merger With Youku Tudou (NYSE: YOKU) (English article)
  • Chinese Mobile Users In Dark Over Cut-Price Data Deals (English article)
  • Yum (NYSE: YUM) China Spinoff Becoming More Probable: JPMorgan (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 15, 2015

The following press releases and media reports about Chinese companies were carried on May 15. To view a full article or story, click on the link next to the headline.
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  • Lenovo (HKEx: 992) To Spin Off Smart TV Unit As JV With Alibaba (NYSE: BABA) (English article)
  • Youku Tudou (NYSE: YOKU) In Merger Talks With iQiyi – Market Talk (Chinese article)
  • Xiaomi Smartphone Sales Rise 36 Pct To 15 Mln Units In Q1 (Chinese article)
  • Sina (Nasdaq: SINA) Reports Q1 2015 Financial Results (PRNewswire)
  • Alibaba (NYSE: BABA) Invests In Parcel Delivery Firm YTO Express (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 14, 2015

The following press releases and media reports about Chinese companies were carried on May 14. To view a full article or story, click on the link next to the headline.
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  • Chinese Vice Premier Meets Apple (Nasdaq: AAPL) CEO (English article)
  • Tencent (HKEx: 700) Announces Q1 Results (HKEx announcement)
  • Vipshop (NYSE: VIPS) Responds To Recent Short Seller Allegations (PRNewswire)
  • LVMH’s Sephora Picks JD.com (Nasdaq: JD) For China Online Store, Says Fakes A Concern (English article)
  • LeTV (Shenzhen: 300104) Sports Raises 800 Mln Yuan, Investors Include Wang Sicong (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 13, 2015

The following press releases and media reports about Chinese companies were carried on May 13. To view a full article or story, click on the link next to the headline.
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  • Xiaomi Begins First Official Offline Sales As It Chases High-End (Chinese article)
  • 58.com (NYSE: WUBA) Lays Off More Than 3,000 From Newly Acquired ChinaHR (Chinese article)
  • Meraas, Alibaba (NYSE: BABA) In Middle East Big Data And Cloud Computing JV (Businesswire)
  • Apple’s (Nasdaq: AAPL) Cook Says Aims To Bring Apple Pay To China (Chinese article)
  • Uber Says Has Reached Consensus With Chengdu Government, Following Probe (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 12, 2015

The following press releases and media reports about Chinese companies were carried on May 12. To view a full article or story, click on the link next to the headline.
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  • Smartphone Shipments Fall 4 Pct In Q1: IDC Report (English article)
  • Baidu (Nasdaq: BIDU) Probes 3 Directors For Possible Internal Corruption (Chinese article)
  • Apple (Nasdaq: AAPL) CEO Tim Cook Opens Weibo (Nasdaq: WB) Account (Chinese article)
  • Alibaba (NYSE: BABA) Invests $56 Mln In Child Products Site Zulily (Nasdaq: ZU) (Chinese article)
  • VNOs Received 20 Mln New Phone Numbers (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)