News Digest

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

News Digest: December 20-22, 2014

The following press releases and media reports about Chinese companies were carried on December 20-22. To view a full article or story, click on the link next to the headline.
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  • China’s Fosun (HKEx: 656) Raises Offer For Club Med (Paris: CU) (English article)
  • Waldorf Buyer Anbang Invests In Property, Banking Stakes (English article)
  • China Mobile (HKEx: 941) Targets 250 Mln 4G Users By End Of 2015 (Chinese article)
  • BYD (HKEx: 1211) Stock Rebounds, Confirms Buffett Hasn’t Sold Down Stake (Chinese article)
  • Ctrip (Nasdaq: CTRP) Launches Open Platform For Travel Agents (Chinese article)

News Digest: December 19, 2014

The following press releases and media reports about Chinese companies were carried on December 19. To view a full article or story, click on the link next to the headline.
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  • Microsoft (Nasdaq: MSFT), LeTV (Shenzhen: 300104) In Global Video Cloud Service (Chinese article)
  • Alibaba (NYSE: BABA) Investors Aren’t Fazed As IPO Lockup Expiration Looms (English article)
  • WTO Body Says US Duties On Chinese Solar Panels Break Rules (English article)
  • JD.com (Nasdaq: JD) To Sell Gap Clothing, Vying With Alibaba For Western Brands (English article)
  • MIIT Issues New Round Of VNO Licenses, Stops Accepting New Applications (Chinese article)

News Digest: December 18, 2014

The following press releases and media reports about Chinese companies were carried on December 18. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) To Buy Uber Stake In Challenge To Alibaba In China (English article)
  • Dalian Wanda Sets IPO Price At HK$48, Near Upper End Of Range (Chinese article)
  • Avon (NYSE: AVN) Ends Bribery Probe Tied to China With Guilty Plea, Fine (English article)
  • US Confirms Duties On Solar Goods From China, Taiwan (English article)
  • Unicom (HKEx: 762), China Telecom (HKEx: 728) To Expand LTE Trial Networks (Chinese article)

News Digest: December 17, 2014

The following press releases and media reports about Chinese companies were carried on December 17. To view a full article or story, click on the link next to the headline.
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  • Geely (HKEx: 175) 2014 Profit Drops 50 Pct On Forex Loss In Russia (HKEx announcement)
  • Baidu (Nasdaq: BIDU) To Announce $600 Mln Investment In Uber – Source (Chinese article)
  • Insurer Delta Lloyd (Amsterdam: DLL) Sells Belgian Bank To China’s Anbang (English article)
  • Xiaomi Allowed To Resume Sales In India (Chinese article)
  • Qihoo 360 (NYSE: QIHU) Announces Strategic Partnership With Coolpad (HKEx: 2369) (PRNewswire)

News Digest: December 16, 2014

The following press releases and media reports about Chinese companies were carried on December 16. To view a full article or story, click on the link next to the headline.
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  • Qihoo (NYSE: QIHU) Set To Buy Smartphone Maker For 5 Bln Yuan – Source (Chinese article)
  • Xiaomi Makes 1.266 Bln Yuan Investment In Midea (Shenzhen: 000333) (Chinese article)
  • Tuniu (Nasdaq: TOUR) Wins $148 Mln From Hony, JD.com, Ctrip (Chinese article)
  • China Unicom (HKEx: 762) Drops to Eight-Month Low As Manager Probed (English article)
  • Childcare E-commerce Site ‘Miyabaobei’ Secures $60 Mln Series C Funding (English article)

News Digest: December 13-15, 2014

The following press releases and media reports about Chinese companies were carried on December 13-15. To view a full article or story, click on the link next to the headline.
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  • Tesla’s (Nasdaq: TSLA) China President Resigns After Less Than 9 Months (English article)
  • BAIC Motor, Investors Said Poised To Raise $1.4 Bln In IPO (English article)
  • Tencent-Backed (HKEx: 700) Private Bank Approved To Begin Business (Chinese article)
  • Xiaomi Issues Statement Confirming Sales Suspension In India (Chinese article)
  • Ctrip To Spend $15 Mln To Boost 3 Pct Stake In Tuniu (Nasdaq: TOUR) – Source (Chinese article)

News Digest: December 12, 2014

The following press releases and media reports about Chinese companies were carried on December 12. To view a full article or story, click on the link next to the headline.
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  • Momo (Nasdaq: MOMO) Shares Shrug Off Allegations Against CEO In Debut (English article)
  • NQ Mobile (NYSE: NQ) Announces Resignation Of Chairman, Co-CEO Lin (PRNewswire)
  • Xiaomi Accused Of Copying Air Purifier Design From Japanese Firm (Chinese article)
  • Sony’s (Tokyo: 6753) PlayStation To Make China Debut Next Month (English article)
  • Baidu (Nasdaq: BIDU) Invests In Uber – Source (English article)

News Digest: December 11, 2014

The following press releases and media reports about Chinese companies were carried on December 11. To view a full article or story, click on the link next to the headline.
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  • China Nuclear Generator CGN Power (HKEx: 1816) Surges On HK Debut (English article)
  • Momo Responds To Attack On CEO Tang Yan By NetEase (Nasdaq: NTES) (Chinese article)
  • Chinese Taxi-Hailing App Didi Raises More Than $700 Mln (English article)
  • India Court Issues Order Banning Import, Sale Of Xiaomi Smartphones (Chinese article)
  • China Tuna Industry Group Withdraws HK IPO Application (Businesswire)

News Digest: December 10, 2014

The following press releases and media reports about Chinese companies were carried on December 10. To view a full article or story, click on the link next to the headline.
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  • NetEase (Nasdaq: NTES) Says Momo CEO Was Corrupt While At Company (Chinese article)
  • Qunar (Nasdaq: QUNR) Forecasts Profit By End Of 2016 (Chinese article)
  • SouFun (NYSE: SFUN) Terminates Strategic Cooperation With Century 21 China (PRNewswire)
  • Tencent (HKEx: 700) Doubles 2015 Budget For Literature Subsidiary (English article)
  • LeTV (Shenzhen: 300104) Seeks License to Make Electric Car (English article)

News Digest: December 9, 2014

The following press releases and media reports about Chinese companies were carried on December 9. To view a full article or story, click on the link next to the headline.
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  • Facebook’s Zuckerberg, Apple’s Cook Meet China’s Internet Minister In US (English article)
  • Xunlei (Nasdaq: XNET) Pop-Up Window Service Shut Down For Pornography (Chinese article)
  • Trina Solar (NYSE: TSL) Acquires 28 Pct Stake In Shuntai Leasing (PRNewswire)
  • LeTV (Shenzhen: 300104) To Acquire Affiliated Le Vision Pictures (English article)
  • Game Operator Linekong To Make HK IPO December 19, Raise Up To $190 Mln (Chinese article)

News Digest: December 6-8, 2014

The following press releases and media reports about Chinese companies were carried on December 6-8. To view a full article or story, click on the link next to the headline.
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  • LeTV (Shenzhen: 300104) Resumes Trading After Clarifying Up 3 Issues (Chinese article)
  • Anta’s (HKEx: 2020) Fall Shows Fragile Support For China Companies (English article)
  • Club Med (Paris: CU) Contest Takes New Turn With $1.1 Bln Bonomi Bid (English article)
  • Game Developer Feiyu Technology Raises HK$570 Mln Yuan in HK IPO (Chinese article)
  • Fluor (NYSE: FLR) Signs MOU With China National Nuclear Corp (Businesswire)