News Digest

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

China News Digest: July 1, 2016

The following press releases and news reports about China companies were carried on July 1. To view a full article or story, click on the link next to the headline.
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  • China’s Postal Savings Bank Files for Potential $10 Bln IPO (English article)
  • 21Vianet (Nasdaq: VNET) Announces Withdrawal of Going Private Proposal (GlobeNewswire)
  • Bank of China (HKEx: 3988) to Sell Assets to HK Unit for $887 Mln (English article)
  • Shenzhen Businessman Buys Australian Soccer Club Newcastle United Jets (Chinese article)
  • Billionaire Wang’s Bid for Global Theater Behemoth Falters (English article)

China News Digest: June 30, 2016

The following press releases and news reports about China companies were carried on June 30. To view a full article or story, click on the link next to the headline.
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  • China Resources Pharmaceutical Launches HK IPO, Aims to Raise up to $1 Bln (Chinese article)
  • Kuka (Frankfurt: KU2) Management Approves Sale to Midea (Shenzhen: 000333) (Chinese article)
  • Wanda Property (HKEx: 3699) Deal Faces Hurdles as APG Balks Over Price (English article)
  • China Appoints New Internet Regulator (English article)
  • Smartphone Maker Smartisan Founder  Pledges 2 Mln Shares to Alibaba (NYSE: BABA) (English article)

China News Digest: June 29, 2016

The following press releases and news reports about China companies were carried on June 29. To view a full article or story, click on the link next to the headline.
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  • Yum (NYSE: YUM) China Stake Sale Said Delayed as Suitors Miss Deadline (English article)
  • Pfizer (NYSE: PFE) to Invest $350 Mln in China Biotech Hub, First in Asia (English article)
  • Fosun (HKEx: 656) Plans to List US Insurer Ironshore ‘As Soon As Possible’ (English article)
  • ZTE (HKEx: 763) Says Temporary License Extended for Import of US Goods (HKEx announcement)
  • Qihoo 360 (NYSE: QIHU) Receives Update on Going Private Transaction (PRNewswire)

China News Digest: June 28, 2016

The following press releases and news reports about China companies were carried on June 28. To view a full article or story, click on the link next to the headline.
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  • Autohome (NYSE: ATHM) Shareholding Settles, With Ping An as New Chairman (Chinese article)
  • A Slice of Qihoo’s (NYSE: QIHU) $9.3 Bln Buyout for Sale on China Streets (English article)
  • JD.com (Nasdaq: JD) Loses Luster as Hedge Funds Backpedal Amid Slowing Growth (English article)
  • Acquisitive Tsinghua Companies to Spend 50 Bln Yuan on R&D (Chinese article)
  • Baidu (Nasdaq: BIDU) Says Already Compliant with Most New Online Search Rules (English article)

China News Digest: June 25, 2016

The following press releases and news reports about China companies were carried on June 25. To view a full article or story, click on the link next to the headline.
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  • PBOC to Study Alibaba’s (NYSE: BABA) Shadow Banking Activities, Zhou Says (English article)
  • MediaTek (Taipei: 2454) Calls on Taiwan to Ease Limits on Investment from China (Chinese article)
  • MIIT Says Licensed Non-Telcos Allowed to Provide Free Voice Service (Chinese article)
  • Qualcomm (Nasdaq: QCOM) Sues Meizu for Patent Infringement (Chinese article)
  • SMIC (HKEx: 981) to Buy 70 Pct of Italy’s LFoundry for 49 Mln Euros (HKEx announcement)

China News Digest: June 24, 2016

The following press releases and news reports about China companies were carried on June 24. To view a full article or story, click on the link next to the headline.
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  • MIIT to Forbid Non-telcos from Providing Free Enterprise Voice Calling – Reports (English article)
  • Sanpower Group Enters Bidding for McDonald’s (NYSE: MCD) China Stores (Chinese article)
  • Qunar (Nasdaq: QUNR) Announces Receipt of “Going Private” Proposal (GlobeNewswire)
  • Mango TV Raises 1.5 Bln Yuan in Second Funding Round, Valuation Doubles (Chinese article)
  • Huawei Lowers 2016 Smartphone Target by 20 Mln Units – Report (Chinese article)

China News Digest: June 23, 2016

The following press releases and news reports about China companies were carried on June 23. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Wins Dismissal of Lawsuit Over Pre-IPO Regulatory Warning (English article)
  • Baidu (Nasdaq: BIDU) Creates Own Indexes to Paint Picture of China’s Economy (English article)
  • Fresh Food B2B M-commerce App Meicai Raises $200 Mln Series D Funding (English article)
  • Tujia Acquires Mayi, Becomes China’s Largest Shared Room Listing Service (Chinese article)
  • Stock Exchange Queries LeEco (Shenzhen: 300104) on Big Inventory, Accounts Receivable Rises (Chinese article)

China News Digest: June 22, 2016

The following press releases and news reports about China companies were carried on June 22. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Buys ‘Clash of Clans’ Maker Supercell for $8.6 Bln (English article)
  • Lenovo (HKEx: 992) Invests in LeEco (Shenzhen: 300104) Super Car Business – Report (Chinese article)
  • Tesla (Nasdaq: TSLA) Eyes Shanghai as Front-Runner for China Production (English article)
  • China Will Allow Foreign Firms to Issue Shares on Mainland: Central Bank (English article)
  • CDB Leasing Attracts Three Gorges, China Re to $978 Mln IPO (English article)

China News Digest: June 21, 2016

The following press releases and news reports about China companies were carried on June 21. To view a full article or story, click on the link next to the headline.
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  • JD.com (Nasdaq: JD) Swaps 145 Mln Shares for Walmart’s (NYSE: WMT) Yihaodian (Chinese article)
  • China Mobile (HKEx: 941) Adds 17.9 Mln 4G Users in May, Total Up to 409 Mln (Chinese article)
  • Kuka (Frankfurt: KU2) Investor Loh Says Not Planning Counter Bid to Midea’s (English article)
  • Perfect World Buys Back Online Literature Unit from Baidu (Nasdaq: BIDU) (Chinese article)
  • Orient Securities Hong Kong IPO Seeks Up to $1.2 Bln (English article)

China News Digest: June 18-20, 2016

The following press releases and news reports about China companies were carried on June 18-20. To view a full article or story, click on the link next to the headline.
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  • Apple (Nasdaq: AAPL) Hit With New China Setback in Beijing Patent Ruling (English article)
  • China’s Postal Savings Bank May File For Up to $8 Bln HK IPO Next Week (English article)
  • LeEco (Shenzhen: 300104) Becomes Coolpad’s (HKEx: 2369) Top Shareholder (Chinese article)
  • 21Vianet (Nasdsaq: VNET) and Unisplendour Establish Cloud Joint Venture (GlobeNewswire)
  • Baidu’s (Nasdaq: BIDU) Shutters ‘Future Store’ in New E-Commerce Failure (Chinese article)

China News Digest: June 17, 2016

The following press releases and news reports about China companies were carried on June 17. To view a full article or story, click on the link next to the headline.
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  • Sohu (Nasdaq: SOHU) Rejects Investment Proposal From CEO, Seeks Other Options (PRNewswire)
  • Japan’s Rakuten (Tokyo: 4755), NetEase (Nasdaq: NTES) in E-Commerce Tie-Up (Chinese article)
  • 21Vianet (Nasda: VNET) Announces Addition To Board, Gets $388 Mln Investment (GlobeNewswire)
  • China Life (HKEx: 2628) to Challenge Yunfeng in Bidding for iKang (Nasdaq: KANG) (Chinese article)
  • Berlin Approves Midea (Shenzhen: 000333) Bid for Kuka (Frankfurt: KU2) (English article)