News Digest

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

News Digest: September 26, 2014

The following press releases and media reports about Chinese companies were carried on September 26. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) Expands Number Portability Pilot To 5 Provinces (Chinese article)
  • China Detains 2 Executives At Embattled Business Newspaper (English article)
  • Alibaba (NYSE: BABA) To Invest In Merged BesTV+Oriental Pearl Media Firm (English article)
  • Master Kong (HKEx: 322) Prepares To Sue China Business News Over False Story (Chinese article)
  • PetroChina (HKEx: 859) Exec Exposed For Buying Luxury Goods With Company Fund (Chinese article)

News Digest: September 25, 2014

The following press releases and media reports about Chinese companies were carried on September 25. To view a full article or story, click on the link next to the headline.
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  • Adobe (Nasdaq: ADBE) To Close China R&D Center (Chinese article)
  • Geely (HKEx: 175) Announces Issue of $300 Mln In Senior Notes Due 2019 (HKEx announcement)
  • Intel (Nasdaq: INTC) To Take 20 Pct Stake In Mobile Chipmaker Spreadtrum – Source (English article)
  • ZTE (HKEx: 763) Welcomes Withdrawal Of Patent Claim Before UK Court (Businesswire)
  • Taiwan probes Xiaomi On Cyber Security (English article)

News Digest: September 23, 2014

The following press releases and media reports about Chinese companies were carried on September 24. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Underwriters Exercise Option To Buy Additional ADSs (Businesswire)
  • Shanghai Husi Lays Off 340, Says Factory Unable To Reopen In Near-Term (Chinese article)
  • Youku Tudou (NYSE: YOKU) Piles Up 1.77 Bln Yuan In Losses In 4 Years Since IPO (Chinese article)
  • Focus Media, Kingsoft’s (HKEx: 3888) Westhouse Partner On Mobile Gaming (English article)
  • Lenovo (HKEx: 992) Workers Move Into Motorola HQ As Merger Nears End (Chinese article)

News Digest: September 20-22, 2014

The following press releases and media reports about Chinese companies were carried on September 20-22. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Jumps 38 Pct In Debut, Becomes 2nd Largest Internet Firm (Chinese article)
  • China Fines Drugmaker GSK (London: GSK) Record $489 Mln For Bribery (English article)
  • Car Makers Ordered To Openly Disclose Maintenance Fees Starting Next Year (Chinese article)
  • Chinese Auto Rental Company CAR Inc (HKEx: 699) Soars 28 Pct In HK Debut (English article)
  • Microsoft (Nasdaq: MSFT) Delays Xbox One China Launch To Before Year-End (Chinese article)

News Digest: September 18, 2014

The following press releases and media reports about Chinese companies were carried on September 18. To view a full article or story, click on the link next to the headline.
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  • China’s Wanda Commercial Properties Plans Up To $6 Bln HK IPO (English article)
  • Seagate (NYSE: STX), Baidu (Nasdaq: BIDU) In Strategic Cooperation Deal (Businesswire)
  • Daojia Completes $50 Mln Funding Led By JD.com (Nasdaq: JD), Macquarie (PRNewswire)
  • Coolpad Cuts 10 Pct Of Workers, Diverts Resources To Channel JV (Chinese article)
  • China Central Bank Injects $81 Bln Into Big Banks To Support Economy: Reports (English article)

News Digest: September 17, 2014

The following press releases and media reports about Chinese companies were carried on September 17. To view a full article or story, click on the link next to the headline.
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  • Alibaba Raises IPO Price Range To $66-$68 Per ADS (Chinese article)
  • Geely (HKEx: 175) Proposes Issue Of US Dollar-Denominated Senior Notes (HKEx announcement)
  • Vipshop (NYSE: VIPS) Announces Shareholder Approval Of Dual-Class Share Structure (PRNewswire)
  • Mobile Game Developer Feiyu Technology Launches HK IPO (Chinese article)
  • Punishment For E-Commerce 7-Day Unconditional Return Policy To Come Out In Oct (Chinese article)

News Digest: September 16, 2014

The following press releases and media reports about Chinese companies were carried on September 16. To view a full article or story, click on the link next to the headline.
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  • Alibaba To Expand IPO, May Raise Upper Price Range To $70 – Source (Chinese article)
  • Huayi Bros (Shenzhen: 300027) To Invest $130 Mln In New US Subsidiary (Chinese article)
  • 13 Workers At Foxconn (HKEx: 2038) Shenzhen Plant Get Leukemia, 5 Dead (Chinese article)
  • Cellular Tower Operator To Finish Formation By Year End, Seek Private Money (Chinese article)
  • NetEase (Nasdaq: NTES) Invests 28 Mln Yuan In Recruiting Site Jobtong (English article)

News Digest: September 13-15, 2014

The following press releases and media reports about Chinese companies were carried on September 13-15. To view a full article or story, click on the link next to the headline.
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  • China’s Fosun (HKEx: 656) Fights Back With Counterbid For Club Med (Paris: CU) (English article)
  • Sinopec (HKEx: 386) Sells $17.5 Bln Retail Unit Stake to Investors (English article)
  • S&P Dow Jones Indices Says Alibaba Could Be Added To Global Benchmarks (English article)
  • Total Active Users On Weibo (Nasdaq: WB) App Down by 10.95 Pct in August 2014 (English article)
  • Suning (Shenzhen: 002024) Makes Low-Key Entry To Cross-Border E-Commerce (Chinese article)

News Digest: September 11, 2014

The following press releases and media reports about Chinese companies were carried on September 11. To view a full article or story, click on the link next to the headline.
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  • 3 Domestic Cement Firms Probed By NDRC For Antitrust Violations (Chinese article)
  • Ctrip (Nasdaq: CTRP) Removes Hotel Products From Qunar (Nasdaq: QUNR) (English article)
  • Xiaomi Invests In P2P Lending Platform Jimu Box (Chinese article)
  • Apple’s (Nasdaq: AAPL) iPhone 6 To Go On Sale In China On September 26 (Chinese article)
  • Phoenix New Media (NYSE: FENG) Makes Strategic Investment In News Feed App Yidian (PRNewswire)

News Digest: September 10, 2014

The following press releases and media reports about Chinese companies were carried on September 10. To view a full article or story, click on the link next to the headline.
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  • Qualcomm (Nasdaq: QCOM) China Chief Visits NDRC 4 Times, Antitrust Fine May Reach 10 Bln Yuan (Chinese article)
  • Huawei Internal Campaign Nets 116 Employees Suspected Of Corruption (Chinese article)
  • Microsoft (Nasdaq: MSFT) China R&D Chief Resigns As Multinationals Lose Attraction (Chinese article)
  • Canadian Solar (Nasdaq: CSIQ), Sichuan Development Launch Solar Investment Fund (PRNewswire)
  • First Alibaba Roadshow Presentation Attracts 800 Investors (Chinese article)

News Digest: September 6-9, 2014

The following press releases and media reports about Chinese companies were carried on September 6-9. To view a full article or story, click on the link next to the headline.
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  • Alibaba Sets IPO Price Range Of $60-$66, To Raise Up To $24.3 Bln (Chinese article)
  • SAIC: E-Commerce Firms Face Fines Up To 500,000 Yuan For Fake Transaction Reporting (Chinese article)
  • China Mobile (HKEx: 941) Completes Purchase Of 18 Pct Of Thailand’s True Corp (HKEx announcement)
  • China Auto Rental To List In HK On September 19, Raise Up To $468 Mln (Chinese article)
  • LightInTheBox (NYSE: LITB) Settles Class Action Lawsuit (PRNewswire)