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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Baidu (Nasdaq: BIDU) Removes All Pirated Material From Yingyin Video Platform (Chinese article)
Trina (NYSE: TSL) Signs Framework Agreement For 1GW Solar Project in Xinjiang (PRNewswire)
Vanke (Shenzhen: 000002) CEO, Fearing Changes In Real Estate, Learns From Alibaba, Tencent (Chinese article)
I don’t write too much about cloud services in China, mostly because I think the market is too immature despite Beijing’s strong promotion of the industry. Still, the latest announcement by e-commerce giant Amazon (Nasdaq: AMZN) that it’s formally launching cloud computing services in China seems like a good opportunity to re-examine the cloud phenomenon, including how the industry is likely to develop and who is best positioned to emerge as sector leaders. Read Full Post…
I’ll end the week with a lighter look at an emerging trend in the China corporate world, which has seen some of the nation’s biggest tech personalities make high-profile bets with their equally successful peers from more traditional sectors. The latest in these high-tech wagers has seen Lei Jun, the charismatic founder of fast-growing smartphone maker Xiaomi, make a bet with Dong Mingzhu, often considered China’s most successful business woman as the chairman of appliance giant Gree (Shenzhen: 000651). These bets are mostly for entertainment and publicity on the one hand; but they do also represent the very real challenge that traditional industries are feeling from e-commerce and other emerging high-tech business models. Read Full Post…
Top executives at controversial software security maker Qihoo 360 (NYSE: QIHU) have been blitzing cyberspace these past few days with a campaign to convince the world that it’s suddenly become a defender of justice and occupier of the moral high ground. This sudden offensive almost looks coordinated, with Qihoo aiming its newest assaults at 3 of its favorite targets, search leader Baidu (Nasdaq: BIDU), top social networking firm Tencent (HKEx: 700) and fast-rising super-cool smartphone maker Xiaomi. Read Full Post…
Charismatic Xiaomi co-founder Lei Jun has had huge success getting China’s gossipy media to promote his company, and now he’s succeeding in getting many of the country’s other high-tech leaders to talk about his firm and its trendy smartphones. In the last week alone, Xiaomi’s name has cropped up several times in connection with other Internet and tech executives on Sina (Nasdaq: SINA) Weibo, often called the Twitter (NYSE: TWTR) of China.
Lei himself and several of his lieutenants were tweeting nonstop during his company’s high profile promotion on Alibaba’s e-commerce platforms during the Nov 11 Singles’ Day shopping extravaganza, though that’s nothing unusual. But others who joined in with their own comments included executives from leading Internet company Tencent (HKEx: 700), and also from stodgier smartphone rival Huawei, which looks just slightly envious of Xiaomi’s trendy image. Read Full Post…
First it was smartphones, then it was Internet TV, and now wireless routers have become the latest flavor of the day for Chinese web firms as everyone looks to drive traffic to their sites and services in the fast-evolving market. I previously wrote when security software specialist Qihoo 360 (NYSE: QIHU) entered the router space in June, and now a new report says smartphone maker Xiaomi, search leader Baidu (Nasdaq: BIDU) and game specialist Shanda are preparing to enter the sector as well. Meantime in a separate but related telecoms move, leading telco China Mobile (HKEx: 941; NYSE: CHL) is making a feeble move into the international market with a relaunch of its Jego service that it suspended shortly after an original roll-out earlier this year. Read Full Post…
The following press releases and media reports about Chinese companies were carried on November 20. To view a full article or story, click on the link next to the headline.
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Daimler (Frankfurt: DAIGn) Seeks To Revive China Operations With Beijing Auto Deal (English article)
8 Foreign Banks Approved To Open Branches In Shanghai Free Trade Zone (Chinese article)
Jingdong to Acquire MediaV for $700 Mln – Sources (English article)
The following press releases and media reports about Chinese companies were carried on November 19. To view a full article or story, click on the link next to the headline.
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Mary Ma’s New Role At HK Securities Regulator: New Life For Alibaba IPO? (Chinese article)
Xiaomi to Convert After-Sales Locations to Retail Stores (English article)
Minsheng Bank (HKEx: 1988) Gets Approval For 20 Bln Yuan Bond Issue (HKEx announcement)
ZTE (HKEx: 763) To Roll Out Smart Watch In 2014 – Executive (Chinese article)
AsiaInfo-Linkage (Nasdaq: ASIA) Announces Stockholder Vote Date For Buyout (PRNewswire)
The microblogging realm has been buzzing these past few days with speculation on a brief China visit late last week by Google (Nasdaq: GOOG) Chairman Eric Schmidt, who checked out counterfeit goods at a gadget market in Beijing’s Zhongguancun high-tech area. Equally interesting was the inclusion in Schmidt’s group of 2 former Google executives who now work for Xioami, the fast-rising smartphone maker that hopes to someday become China’s equivalent of Apple (Nasdaq: AAPL). Read Full Post…
High-flying smartphone maker Xiaomi is at the center of 2 recent strings of microblog posts, one touching on an interesting new connection with Facebook (Nasdaq: FB) and the other hinting at an increasingly cozy relationship with struggling online clothing seller Vancl. Interestingly, Xiaomi’s talkative co-founder and chief executive Lei Jun is largely absent from the dialogue in both cases, which each has sensitive overtones, implying that perhaps we could see more news in the weeks ahead. Read Full Post…
The following press releases and media reports about Chinese companies were carried on October 22. To view a full article or story, click on the link next to the headline.
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Starbucks (Nasdaq: SBUX) Under Media Fire In China For High Prices (English article)
