News Digest

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

News Digest: August 20, 2014

The following press releases and media reports about Chinese companies were carried on August 20. To view a full article or story, click on the link next to the headline.
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  • Solar Boom Driving First Global Panel Shortage Since 2006 (English article)
  • Fosun (HKEx: 656) Said In Talks To Buy Swiss Re’s Aurora in US (English article)
  • Youku Tudou (NYSE: YOKU) Announces Q2 Unaudited Financial Results (PRNewswire)
  • Canada’s Couche-Tard, Tencent On Short-List In $16 Bln Sinopec Unit Sale -Sources (English article)
  • Healthcare App Maker Spring Rain Completes $50 Mln Series C Funding (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 19, 2014

The following press releases and media reports about Chinese companies were carried on August 19. To view a full article or story, click on the link next to the headline.
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  • Alibaba, China Grand Auto To Set Up Used Car E-commerce Platform – Source (Chinese article)
  • Anti-Trust Probe Ends For 12 Automakers, Fines To Total More Than 1 Bln Yuan (Chinese article)
  • Jumei (NYSE: JMEI) Reports Unaudited Q2 Financial Results (PRNewswire)
  • Baidu (Nasdaq: BIDU) Partners With UN To Tackle E-waste In China (English article)
  • Bank Of China (HKEx: 3988) Applies To Issue 60 Bln Yuan In Preferred Shares (HKEx announcement)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 16-18, 2014

The following press releases and media reports about Chinese companies were carried on August 16-18. To view a full article or story, click on the link next to the headline.
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  • US Approves Sale Of IBM (NYSE: IBM) x86 Server Unit To Lenovo (HKEx: 992) (Businesswire)
  • Apple (Nasdaq: AAPL) Begins Storing Users’ Personal Data On Servers In China (English article)
  • JD.com (Nasdaq: JD) Announces Q2 Results (PRNewswire)
  • NQ Mobile (NYSE: NQ) CFO Resigns For Personal Reasons, Shares Tumble (Chinese article)
  • Qihoo 360 (NYSE: QIHU) Raises $1.035 Bln In Convertible Bond Offer (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 15, 2014

The following press releases and media reports about Chinese companies were carried on August 15. To view a full article or story, click on the link next to the headline.
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News Digest: August 14, 2014

The following press releases and media reports about Chinese companies were carried on August 14. To view a full article or story, click on the link next to the headline.
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  • Audi May Be Fined 250 Mln Yuan In First Anti-Trust Penalty Against Car Makers (Chinese article)
  • Tencent (HKEx: 700) Announces Q2 Results (HKEx announcement)
  • Online Classifieds Site Ganji.com Completes $200 Mln Series E Funding (English article)
  • Govt Insider Exposed For Assisting Qualcomm (Nasdaq: QCOM) In Anti-Trust Probe (Chinese article)
  • Alibaba To Start IPO Road Show On Sept 3, List On Sept 16 – Source (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 12, 2014

The following press releases and media reports about Chinese companies were carried on August 12. To view a full article or story, click on the link next to the headline.
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  • Dairy Farm to Pay $925 Million For China’s Yonghui (Shanghai: 601933) Stake (English article)
  • Xiaomi Admits To Secretly Collecting User Information In Taiwan, Apologizes (Chinese article)
  • Tencent Connection Helps To Propel iDreamSky (Nasdaq: DSKY) IPO (English article)
  • Alibaba Tells Media Watchdog about Tech Magazine’s ‘Organized Extortion’ (English article)
  • Huawei Lowers Price On Honor Brand 3C 4G Smartphone To 799 Yuan (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 9-11, 2014

The following press releases and media reports about Chinese companies were carried on August 9-11. To view a full article or story, click on the link next to the headline.
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  • CIC, AVIC In Talks To Buy Aircraft Lessor Avolon For 12 Bln Euros (Chinese article)
  • JD.com (Nasdaq: JD) Launches Direct Access on Tencent’s (HKEx: 700) Mobile QQ (PRNewswire)
  • China Billionaire Wang Jianlin Buys LA Land for Foray Into Hollywood Films (English article)
  • China Tells South Korea It Blocked KakaoTalk, Line To Fight Terrorism (English article)
  • McDonald’s (NYSE: MCD) Casts Doubt On Sales Outlook After China Food Scare (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 8, 2014

The following press releases and media reports about Chinese companies were carried on August 8. To view a full article or story, click on the link next to the headline.
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  • China Imposes New Restrictions On Instant Messaging Tools: Xinhua (English article)
  • Priceline (Nasdaq: PCLN) To Invest $500 Mln In China’s Ctrip (Nasdaq: CTRP) (English article)
  • Huawei To Exit Ultra-Low End Smartphones, Cut 80 Pct Of Models By Year End (Chinese article)
  • Anti-Trust Probes Expand To Include 12 Japanese Automotive Firms (Chinese article)
  • Autohome (NYSE: ATHM) Announces Unaudited Q2 Results (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 7, 2014

The following press releases and media reports about Chinese companies were carried on August 7. To view a full article or story, click on the link next to the headline.
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  • China Said to Exclude Apple (Nasdaq: AAPL) From Procurement List (English article)
  • China Mobile (HKEx: 941) Said to Have Held Talks on Buying Axiata Stake (English article)
  • Tencent (HKEx: 700) Removes 100 Rumor-Spreading Public Accounts From WeChat (Chinese article)
  • Baidu (Nasdaq: BIDU) Acquires C2C Education Platform Chuanke – Source (English article)
  • China Preparing To Levy Tax On E-Commerce (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 6, 2014

The following press releases and media reports about Chinese companies were carried on August 6. To view a full article or story, click on the link next to the headline.
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  • WH Group (HKEx: 288) Gains as Biggest Pork Producer Debuts in Hong Kong (English article)
  • Luxury Car Makers Under Anti-Monopoly Investigation (Chinese article)
  • Tesla’s (Nasdaq: TSLA) China Trademark Dispute Ends As 2 Sides Reach Agreement (Chinese article)
  • Zhaopin (NYSE: ZPIN) Acquires Online Recruitment Site CJOL.com – Memo (English article)
  • SouFun (NYSE: SFUN) Faces Crisis As Shanghai Realtors Refuse To Pay Fees (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 2-4, 2014

The following press releases and media reports about Chinese companies were carried on August 2-4. To view a full article or story, click on the link next to the headline.
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  • Mercedes-Benz (Frankfurt: DAI) Lowers After-Sales Spare Parts Prices 15 Pct In China (Chinese article)
  • China Revamps Everbright Group In State Business Shake-Up (English article)
  • LDK Solar (NYSE: LDK) Secures Funding Commitments for Its Offshore Restructuring (PRNewswire)
  • China Mobile Payment Users Reaches 125 Mln, Up 126 Pct Year-On-Year (Chinese article)
  • Kabam, Alibaba Team Up In Mobile Game Alliance In China (Businesswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)