News Digest

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

News Digest: January 9, 2015

The following press releases and media reports about Chinese companies were carried on January 9. To view a full article or story, click on the link next to the headline.
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  • Huawei In Major Adjustment For US Market Accounting For Just 4 Pct Of Sales (Chinese article)
  • China Bans Private Cars From Providing Taxi Services Via Apps (English article)
  • Dunkin’ (Nasdaq: DNKN) Strikes Deal To Open 1,400 Stores In China (English article)
  • Baidu (Nasdaq: BIDU) Introduces Online Real Estate Platform (English article)
  • Lenovo (HKEx: 992) To Launch New Brand Campaign In April (Chinese article)

News Digest: January 8, 2015

The following press releases and media reports about Chinese companies were carried on January 8. To view a full article or story, click on the link next to the headline.
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  • Alipay Expands Offline Payment Network through Third-party Agencies (English article)
  • Xiaomi’s Buying Spree Gives Apple, Samsung New Reasons To Sweat (English article)
  • TCL (HKEx: 2618) Buys Palm Brand To Develop Mid-Range Overseas Market
  • NDRC Lowers Wind Power Price By Half (Chinese article)
  • Jumei International (NYSE: JMEI) Runs Into New Fake Goods Scandal (Chinese article)

News Digest: January 7, 2015

The following press releases and media reports about Chinese companies were carried on January 7. To view a full article or story, click on the link next to the headline.
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  • US Solar Tariff Review Hints At Halved Chinese Cells Rate (English article)
  • TCL (Shenzhen: 000100) Invests $100 Mln In Wanda’s E-commerce JV (English article)
  • Kuaidi Taxi App May Raise $800 Mln In New Funding Round (Chinese article)
  • Drugmaker Sues Tencent (HKEx: 700) Over Rumors Circulating On WeChat (Chinese article)
  • NDRC Approves Private Investment Plan For Sinopec (HKEx: 386) Retail Unit

News Digest: January 6, 2015

The following press releases and media reports about Chinese companies were carried on January 6. To view a full article or story, click on the link next to the headline.
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  • Tencent-backed (HKEx: 700) WeBank Gets The Ball Rolling With First Loan (English article)
  • Wanda E-Commerce Initiative To Go Online In Fourth Quarter (Chinese article)
  • China’s Box Office Sales Surge 36 Pct In 2014 (English article)
  • GM Financial (NYSE: GM) Purchases China JV Operations Of Ally Financial (Businesswire)
  • Qihoo 360 (NYSE: QIHU) Rolls Out New Search Brand At Haosou.com (Chinese article)

News Digest: January 3-5, 2015

The following press releases and media reports about Chinese companies were carried on January 3-5. To view a full article or story, click on the link next to the headline.
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  • Fosun (HKEx: 656) Wins Contest For Club Med As Andrea Bonomi To Drop Bid (English article)
  • Haier-Evergrande, JD.com-Midea In New Alliances For 2015 (Chinese article)
  • Perfect World (Nasdaq: PWRD) Receves “Going Private” Proposal at $20 Per ADS (PRNewswire)
  • Renren (NYSE: RENN) Announces Resignation Of CFO, Board Changes (PRNewswire)
  • Xiaomi Doubles Revenue to $12 Billion as Phone Sales Triple (English article)

News Digest: December 31, 2014

The following press releases and media reports about Chinese companies were carried on December 31. To view a full article or story, click on the link next to the headline.
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  • Fosun (HKEx: 656) To Buy Meadowbrook In $433 Mln Transaction (English article)
  • Ping An Unit Buys 1 Bln Yuan In United PV (HKEx: 686) Convertible Bonds (Chinese article)
  • Linekong (HKEx: 8267) Finishes Flat In HK Trading Debut (Chinese article)
  • China Plans To Extend Green Vehicle Subsidies Until 2020 (English article)
  • ZTE (HKEx: 763) Unveils Redesigned Logo In New Strategic Focus On M-ICT Innovations (Businesswire)

News Digest: December 30, 2014

The following press releases and media reports about Chinese companies were carried on December 30. To view a full article or story, click on the link next to the headline.
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  • Guosen (Shenzhen: 002736) Shares Surge Amid China Brokerage Rally (English article)
  • Billionaire Milner Sees Xiaomi At $100 Bln (English article)
  • Google’s (Nasdaq: GOOG) Gmail Blocked In China (English article)
  • Baidu (Nasdaq: ), Qihoo (NYSE: QIHU) Trade Accusations Of Hooliganism (Chinese article)
  • Former High Level Unicom (HKEx: 762) Executive Being Probed (Chinese article)

News Digest: December 27-29, 2014

The following press releases and media reports about Chinese companies were carried on December 27-29. To view a full article or story, click on the link next to the headline.
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  • Tesla (Nasdaq: TSLA) Helps Chinese Buyers Trade In Old Cars For Model S (English article)
  • P&G (NYSE: PG), Others Fined For Repeated Price Fixing (Chinese article)
  • China’s Antitrust Regulator Says Qualcomm (Nasdaq: QCOM) Case Near Settlement (English article)
  • Xiaomi’s India Smartphone Sales Pass 1 Mln As Royalty Battle Continues (Chinese article)
  • Dianping Gets $800 Mln In New Funding Round – Source (Chinese article)

News Digest: December 26, 2014

The following press releases and media reports about Chinese companies were carried on December 26. To view a full article or story, click on the link next to the headline.
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  • Dalian Wanda (HKEx: 3699) To Buy Online Payment Platform 99Bill: Sources (English article)
  • UnionPay Inches Past Visa (NYSE: V), MasterCard (NYSE MA) In South Korea (English article)
  • Huawei’s Smartphone Sales Shoot Up After Copying Xiaomi’s Online Strategy (English article)
  • Samsung (Seoul: 005930) Calls In Experts To Halt Flagging China Numbers (English article)
  • Qunar (Nasdaq: QUNR) Makes Major Investment In Traveling Bestone Website (Chinese article)

News Digest: December 24, 2015

The following press releases and media reports about Chinese companies were carried on December 24. To view a full article or story, click on the link next to the headline.
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  • Citic Bank Buys BBVA’s Stake In Financial Unit For $1.05 Bln (English article)
  • Billionaire Wang’s Dalian Wanda (HKEx: 3699) Property Firm Falls in HK Debut (English article)
  • MIIT Says To Issue 4G FDD-LTE Licenses Next Year (Chinese article)
  • NQ Mobile (NYSE: NQ) Board Authorizes Up to $80 Mln Share Buyback (PRNewswire)
  • Enlight Media (Shenzhen: 300251), Qihoo (NYSE: QIHU) Form Online Video JV (English article)

News Digest: December 23, 2014

The following press releases and media reports about Chinese companies were carried on December 23. To view a full article or story, click on the link next to the headline.
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  • Group Buying Site Meituan Lands $700 Mln Series D Funding – Sources (English article)
  • Changjiang Electronics (Shanghai: 600584) Offers $780 Mln For Stats ChipPac (English article)
  • Huace Film (Shenzhen: 300133) Invests In Korea’s Next World Entertainment (Chinese article)
  • Qihoo 360 (NYSE: QIHU) To Offer Free Voice Calling With New Internet App (Chinese article)
  • Alibaba (NYSE: BABA) To Launch Own-Brand Products, No Smartphone Plans (Chinese article)