News Digest

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

News Digest: May 9-11, 2015

The following press releases and media reports about Chinese companies were carried on May 9-11. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • Tuniu (Nasdaq: TOUR) Announces $500 Mln Investment From Investor Group (GlobeNewswire)
  • JD.com (Nasdaq: JD) Announces Q1 Results (GlobeNewswire)
  • VNO Mobile Carriers Get 20 Mln New Phone Numbers (Chinese article)
  • Hershey (NYSE HSY) Eyes 2nd, 3rd Tier Cities Amid Weak China Chocolate Market (Chinese article)
  • E-Commerce Services Provider Baozun Sets Terms For $143 Mln IPO (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 8, 2015

The following press releases and media reports about Chinese companies were carried on May 8. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • Alibaba (NYSE: BABA) Names New CEO As Revenue Tops Views (English article)
  • 58.com (NYSE: WUBA) To Acquire Online Recruitment Site ChinaHR – Report (English article)
  • Canadian Solar (Nasdaq: CSIQ) Signs $250 Mln Loan With Minsheng Bank (PRNewswire)
  • Chinese Authorities Visit Uber’s Chengdu Office (English article)
  • Chinese Real Estate Site Aiwujiwu Closes $120 Mln Series D Funding (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 7, 2015

The following press releases and media reports about Chinese companies were carried on May 7. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • Third Point’s Loeb Not Pushing For Yum (NYSE: YUM) To Split Off China Business (English article)
  • Qihoo (NYSE: QIHU), Coolpad Unveil QiKU As Brand For Smartphone JV (Chinese article)
  • Mobile Ridesharing App Dida Pinche Wins $100 Mln Series C Funding (English article)
  • Trina (NYSE: TSL) Building $160 Mln Manufacturing Facility In Thailand (English article)
  • Autohome (NYSE: ATHM) Announces Unaudited Q1 Results (PRNewswire)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 6, 2015

The following press releases and media reports about Chinese companies were carried on May 5. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • EU Solar-Panel Industry Wins Review Of China Price Pact (English article)
  • Hua Capital, Citic Capital To Take OmniVision (Nasdaq: OVTI) Private For $1.9 Bln (English article)
  • McDonald’s (NYSE: MCD) May Reach 200 Franchised Stores in China This Year (Chinese article)
  • Mobile Chauffeur App E Daijia Lands $100 Mln Series D Funding (English article)
  • Wanda Chief Wang Jianlin Invests $100 Mln In LeTV (Shenzhen: 300104) Sports (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 5, 2015

The following press releases and media reports about Chinese companies were carried on May 5. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • China Said To Probe Medical Device Firms On Bribe Suspicions (English article)
  • Uber’s Guangzhou Office Raided, Drivers’ Website Temporarily Shut (Chinese article)
  • Baidu (Nasdaq: BIDU) To Launch O2O E-commerce Platform Baidu Mall – Source (English article)
  • Video Site Baofeng Tech (Shenzhen: 300431) Rises 16-Fold In First 27 Trading Days (Chinese article)
  • Gree (Shenzhen: 000651) Starts Shipping Smartphones, Eyes 100,000 In First Round (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 1-4, 2015

The following press releases and media reports about Chinese companies were carried on May 1-4. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • Walmart (NYSE: WMT) To Boost Sam’s Club China Stores By 60 Pct Over 3 Years (Chinese article)
  • WuXi PharmaTech (NYSE: WX) Announces Receipt Of Buyout Proposal (PRNewswire)
  • Itochu, CP Group In E-commerce Venture With Chinese Firms In Shanghai FTZ (English article)
  • ZTE (HKEx: 763) Taps Japan To Help Sell 60 Mln Handsets Globally (English aritcle)
  • ‘Cheating’ Chinese Antivirus Firm Qihoo 360 (NYSE: QIHU) Blames Cultural Differences (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 30, 2015

The following press releases and media reports about Chinese companies were carried on April 30. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • Baidu (Nasdaq: BIDU) Announces Q1 Results (PRNewswire)
  • Alibaba (NYSE: BABA) Freezes Hiring As Ma Says Company Must Be Efficient (English article)
  • China To Allow Private Investment In Broadband Infrastructure – MIIT (Chinese article)
  • Wal-mart (NYSE: WMT) To Open 115 New China Stores In Next 3 Years – Exec (Chinese article)
  • Tencent (HKEx: 700) Pushes Further In US Gaming With Glu Mobile Stake Buy (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 29, 2015

The following press releases and media reports about Chinese companies were carried on April 29. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • At $5 Bln Valuation, Alipay To Buy 25 Pct Stake In Micromax (English article)
  • China’s BYD (HKEx: 1211) Wins Its Biggest Electric-Bus Order In US (English article)
  • Sina (Nasdaq: SINA) Adopts Continuation Of Previous Shareholder Rights Plan (PRNewswire)
  • Huawei Targets $5 Bln In Sales This Year For Honor Smartphone Brand (Chinese article)
  • China Telecom (HKEx: 728) Announces Q1 Results (HKEx announcement)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 28, 2015

The following press releases and media reports about Chinese companies were carried on April 28. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • iPhone Sales, China Boosts Apple (Nasdaq: AAPL); Shares Up Modestly (English article)
  • Lenovo (HKEx: 992) Eyes 100 Mln Cellphone Sales In New Fiscal Year – CEO (Chinese article)
  • Huawei CEO Says Chinese Cybersecurity Rules Could Backfire (English article)
  • Trina (NYSE: TSL) Signs Agreement In Hefei Zone for 300 MW DG Solar Power Plant (PRNewswire)
  • Sohu.com (Nasdaq: SOHU) Reports Q1 2015 Unaudited Financial Results (PRNewswire)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 25-27, 2015

The following press releases and media reports about Chinese companies were carried on April 25-27. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • Apple (Nasdaq: AAPL) Wins Siri Software Patent Appeal In China (English article)
  • Tencent (HKEx: 700) Doubles Medium-Term Note Program To $10 Bln (HKEx announcement)
  • Coca-Cola (NYSE: KO) To Acquire Chinese Protein-Drink Line For $400 Mln (English article)
  • Xiaomi Announces New 4i Model For India, Not Available In China (Chinese article)
  • Baidu (Nasdaq: BIDU) Sues Sogou for Hijacking Traffic Via IME (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 24, 2015

The following press releases and media reports about Chinese companies were carried on April 24. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════

  • 17 Major Travel Agencies Unit To Oppose Tuniu (Nasdaq: TOUR)  (Chinese article)
  • Hong Kong’s TVB (HKEx: 511) Sells Stake To China Media Capital-Backed Fund (Chinese article)
  • ZTE (HKEx: 763) Announces Q1 Results (HKEx announcement)
  • Yingli Green Energy (NYSE: YGE) Announces Agreement To Sell Its Idle Land (PRNewswire)
  • China’s Internet Watchdog Closes 35 Illegal Dating Sites (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)