News Digest

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

News Digest: April 4-7, 2015

The following press releases and media reports about Chinese companies were carried on April 4-7. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Unit, Xiaomi Seal Milestone Link (English article)
  • Shanda Games (Nasdaq: GAME) Enters Definitive Agreement For Going Private (PRNewswire)
  • Installment Plan E-tailer Qufenqi Wins Series D Funding, $1 Bln Valuation (English article)
  • TCL (Shenzhen: 000100) Invests 3.3 Bln Yuan In Bank Of Shanghai In Financial Drive (Chinese article)
  • 55Tuan Speaks Up, Says IPO Won’t Come Until After April 7 (Chinese article)

News Digest: April 3, 2015

The following press releases and media reports about Chinese companies were carried on April 3. To view a full article or story, click on the link next to the headline.
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  • NetEase, Baidu, Momo Being Probed For Broadcasting Pornography (Chinese article)
  • Renren (NYSE: RENN) Announces Dutch Auction Offer for Its ADSs (PRNewswire)
  • Suning (Shenzhen: 200104) Enters Supermarket Business (Chinese article)
  • Chinese Online Lottery Sales to Restart, Government to Release New Rules – Report (English article)
  • ICBC (HKEx: 1398) Extends Deadline To Buy 20 Pct of SinoPac Financial (HKEx announcement)

News Digest: April 2, 2015

The following press releases and media reports about Chinese companies were carried on April 2. To view a full article or story, click on the link next to the headline.
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  • China To Punish Tencent, Youku Tudou, Other Video Sites For Pornography (English article)
  • China Tries to Clean Up E-Commerce (English article)
  • Automakers Profit From Luxury Models, North America, China -McKinsey (English article)
  • eHi Car Services (NYSE: EHIC) Announces Q4 and Full Year 2014 Results (PRNewswire)
  • Chemicals Maker Tianrun (Shenzhen: 002113) To Buy Mobile Game Firm Diandianle (English article)

News Digest: April 1, 2015

The following press releases and media reports about Chinese companies were carried on April 1. To view a full article or story, click on the link next to the headline.
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  • China To Delay Bank Tech Restrictions, US Treasury Official Says (English article)
  • Merged Didi, Kuadi Taxi App Value Could Reach $8.75 Bln After New Stake Sale (Chinese article)
  • JD.com (Nasdaq: JD) Launches Equity Crowdfunding Platform (Globe Newswire)
  • Dangdang (NYSE: DANG) Announces Q4 and Fiscal Year 2014 Results (PRNewswire)
  • Huawei Net Profit Rises 32 Pct In Full Year 2014 (Chinese article)

News Digest: March 31, 2015

The following press releases and media reports about Chinese companies were carried on March 31. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Dismisses New WeChat Membership System As Rumors (Chinese article)
  • Xinhua, AP presidents Discuss Cooperation In New Media Era (English article)
  • Jiayuan.com (Nasdaq: DATE) Engages Financial Adviser For Privatization Bid (PRNewswire)
  • Alibaba (NYSE: BABA) In Digital Distribution Deal With Music Rights Group BMG (English article)
  • Minsheng Bank (HKEx: 1988) Announces Annual 2014 Results (HKEx announcement)

News Digest: March 28-30, 2015

The following press releases and media reports about Chinese companies were carried on March 28-30. To view a full article or story, click on the link next to the headline.
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  • HP (NYSE: HPQ) To Sell 51 Pct Of H3C Unit To Tsinghua Unigroup, Seeks $5 Bln (Chinese article)
  • Geely (HKEx: 175) Invests 250 Mln Pounds On British New Energy Taxi Plant (Chinese article)
  • Gome (HKEx: 493) To Open 100,000 Microstores On WeChat (English article)
  • China Construction Bank (HKEx: 939) Announces Annual 2014 Results (HKEx announcement)
  • Telsa (Nasdaq: TSLA) To Localize Production In China In 3 Years: Elon Musk (English article)

News Digest: March 27, 2015

The following press releases and media reports about Chinese companies were carried on March 27. To view a full article or story, click on the link next to the headline.
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  • US Questions China At WTO On Banking Technology Restrictions (English article)
  • Tesla (Nasdaq: TSLA) Completes China Overhaul, No Short-Term Sales Targets (Chinese article)
  • ICBC (HKEx: 1398) Announces Annual 2014 Financial Results (HKEx announcement)
  • Boeing (NYSE: BA) Nears $7.7 Bln Sale Of 787 Jets To China’s Hainan Airlines (English article)
  • Putian Hospitals Take On Baidu (Nasdaq: BIDU) With Online Search Ad Ban (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: March 26, 2015

The following press releases and media reports about Chinese companies were carried on March 26. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Shutters 26 Online Shops In Taobao Clean-Up (Chinese article)
  • Ctrip (Nasdaq: CTRP) Invests To Form Zhonghui Hotel Big Data Unit (Chinese article)
  • Yingli Green Energy (NYSE: YGE) Reports Q4 and Full Year 2014 Results (PRNewswire)
  • ZTE (HKEx: 763) Announces 2014 Annual Results (HKEx announcement)
  • Huace Film (Shenzhen: 300133), Xiaomi Partner On Content Distribution (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: March 25, 2015

The following press releases and media reports about Chinese companies were carried on March 25. To view a full article or story, click on the link next to the headline.
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News Digest: March 24, 2015

The following press releases and media reports about Chinese companies were carried on March 24. To view a full article or story, click on the link next to the headline.
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  • Foxconn (HKEx: 2038), Tencent (HKEx: 700) To Co-Produce Smart Cars (Chinese article)
  • Alibaba (NYSE: BABA) Joins With Italy’s 2 Largest Banks In “Marco Polo Plan” (Chinese article)
  • ChemChina To Buy Into Italian Tire Maker Pirelli (Milan: PC) In $7.7 Bln Deal (English article)
  • Citic Securities (HKEx: 6030) Announces Annual 2014 Results (HKEx announcement)
  • LeTV (HKEx: 300104) Electric Car To Debut At Shanghai Auto Show, Made By BAIC (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: March 21-23, 2015

The following press releases and media reports about Chinese companies were carried on March 21-23. To view a full article or story, click on the link next to the headline.
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  • Bacardi Challenges Baijiu With Tea-Based “Tang” Liquor Developed For China (Chinese article)
  • Yidao Welcomes Cooperation With Uber, Sees No Need For Merger (Chinese article)
  • Sohu’s (Nasdaq: SOHU) Sougou Eyes US IPO In 2nd Half 2015, Sees Value At $3 Bln (Chinese article)
  • Reuters (Toronto: TR) Websites Blocked In China (English article)
  • Youku Tudou (NYSE: YOKU) Hits 52-Week Low on Wider Q4 Loss, SEC Probe (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)