News Digest

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

News Digest: January 7-9, 2012

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The following press releases and media reports about Chinese companies were carried on January 7-9. To view a full article or story, click on the link next to the headline.

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◙ Bank of China (HKEx: 601988), Mizuho (Tokyo: 8411) Eye RBS Bank Assets: Sources (English article)

◙ Tencent (HKEx: 700) Says Qihoo 360 (NYSE: QIHU) Disrupts Tencent App (English article)

◙ Focus Media (Nasdaq: FMCN) Falls After Muddy Waters Questions Ginseng Plantation Buy (English article)

◙ Joy Global (NYSE: JOY) Makes Offer For Int’l Mining Machinery (HKEx: 1683) Shares (Businesswire)

◙ Apple (Nasdaq: AAPL) Near iPhone Deal With China Mobile (HKEx: 941) – Market Talk (Chinese article)

News Digest: January 6, 2012

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The following press releases and media reports about Chinese companies were carried on January 6. To view a full article or story, click on the link next to the headline.

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◙ Sinopec (HKEx: 386) Says Ministry of Finance Raises Oil Windfall Tax Threshold to $55 (English article)

◙ SARFT TV Drama Rules May Extend to Online Video (English article)

◙ Lenovo (HKEx: 992) Revamps Regions, Former Acer (Taipei: 2353) CEO To Head Europe (Chinese article)

◙ Qihoo 360 (NYSE: QIHU) Announces Authorization for Share Repurchase (PRNewswire)

◙ Canadian Solar (Nasdaq: CSIQ) and Ningxia State Power Complete 10 MW China Project (PRNewswire)

News Digest: January 5, 2012

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The following press releases and media reports about Chinese companies were carried on January 5. To view a full article or story, click on the link next to the headline.

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◙ China Telecom (HKEx: 728) May Expand to France, Germany Following U.K. (English article)

◙ Apple (Nasdaq: AAPL) iPhone 4S Arrives in China on January 13 (Businesswire)

◙ PetroChina (HKEx: 857) Announces Formation of Insurance Joint Venture (HK Stock Exchange)

◙ Spreadtrum (Nasdaq: SPRD) Makes 1GHz Low-Cost Platforms for TD-SCDMA & EDGE/WiFi (PRNewswire)

◙ Nokia (Helsinki: NOK1V) Says to Move Asia-Pacific President to Beijing From Singapore (Chinese article)

News Digest: December 28, 2011

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The following press releases and media reports about Chinese companies were carried on December 28. To view a full article or story, click on the link next to the headline.

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◙ Chinese Banks Under Pressure To Raise Cash Next Year: Source (English article)

◙ Regulator To Promote Broadband With Higher Speeds, Lower Prices in 2012 (Chinese article)

◙ CITIC Securities (HKEx: 6030) Receives Approval For RQFII Qualification (company announcement)

◙ Tencent (HKEx: 700), CNTV Partner on Multi-product Platform (English article)

◙ China Says Western Digital (NYSE: WDC) Buying Hitachi Unit Hurts Mkt Competition (English article)

News Digest: December 24-27, 2011

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The following press releases and media reports about Chinese companies were carried on December 24-27. To view a full article or story, click on the link next to the headline.

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◙ Sina (Nasdaq: SINA) Weibo Accepts US$200 Mln Digital Sky Investment – Source (English article)

◙ Xinhua Website Planning $158 Million IPO: Sources (English article)

◙ Foxconn (Taipei: 2354) Solar-Module Entry May Cut Margins for Chinese Makers (English article)

◙ Sinopec (HKEx: 386) Completes Purchase of Canada’s Daylight Energy (Toronto: DAY) (English article)

◙ Xunlei to Sue Youku (NYSE: YOKU) for IPR Infringement (English article)

News Digest: December 23, 2011

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The following press releases and media reports about Chinese companies were carried on December 23. To view a full article or story, click on the link next to the headline.

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◙ Post Office Aims to Split Off Courier Delivery Logistics Unit for IPO (Chinese article)

◙ Yahoo (Nasdaq: YHOO) to Weigh Deals For Asian Assets: Sources (English article)

◙ Spreadtrum Communications (Nasdaq: SPRD) Declares Quarterly Cash Dividend (PRNewswire)

◙ Joy Global Approved for Strategic Investment in Int’l Mining Machinery (HKEx: 1683) (Businesswire)

◙ Shanda (Nasdaq: SNDA) Cloudary’s Hongxiu Reaches RMB 100 Mln in 2011 Revenue (English article)

News Digest: December 22, 2011

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The following press releases and media reports about Chinese companies were carried on December 22. To view a full article or story, click on the link next to the headline.

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◙ 7 Web Sites in Guangzhou, Shenzhen To Test Real Name Registration From Dec 22 (Chinese article)

◙ Baidu (Nasdaq: BIDU) Removed From U.S. Piracy List of ‘Notorious Markets’ (English article)

◙ Dangdang (NYSE: DANG) Launches E-book Platform in China (PRNewswire)

◙ ConocoPhillips (NYSE: COP) Provides Further Details on Bohai Bay Funds (Businesswire)

◙ China Tops US, Japan To Become Top Patent Filer (English article)

News Digest: December 21, 2011

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The following press releases and media reports about Chinese companies were carried on December 21. To view a full article or story, click on the link next to the headline.

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◙ Ping An Insurance (HKEx: 2318) to Sell Up to 26 Billion Yuan of Convertibles (English article)

◙ China Telcos Announce November 2011 Subscriber Totals (English article)

◙ Xiaomi Lands USD 90 Mln in New Funding (English article)

◙ Canadian Solar (Nasdaq: CSIQ), TransCanada Corp In Deal For 86MW Solar Project in Ontario (PRNewswire)

◙ Mindray Medical (NYSE: MR) to Acquire a Controlling Stake in Hunan Changsha TDR Biotech (PRNewswire)

News Digest: December 20, 2011

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The following press releases and media reports about Chinese companies were carried on December 20. To view a full article or story, click on the link next to the headline.

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◙ Yanzhou Coal (HKEx: 1171) Is Said to Plan $2 Billion Purchase of Australia’s Gloucester (English article)

◙ Beijing to Extend Real Name Beyond Microblogs – Source (English article)

◙ CNOOC (HKEx: 883) Unit Finds A Leakage In Zhuhai Terminal’s Subsea Pipeline (PRNewswire)

◙ China Unicom (HKEx: 762) Announces Operational Statistics for November (HK Stock Exchange)

◙ Saab Automobile Submits Filing for Bankruptcy (English article)

News Digest: December 16, 2011

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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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◙ New China Life (HKEx: 1336) Plunges in Debut After Stock Priced Near Bottom of Range (English article)

◙ China Scales Up Solar Power Capacity Plan By 50 Percent (English article)

◙ Acer (Taipei: 2353) To Cut Product Lines By About 2/3 Next Year – Chairman Wang (Chinese article)

◙ Sinopec (HKEx: 386) Says ‘Not the Time’ to Discuss Higher China Gas (HKEx: 384) Bid (English article)

◙ Kaixin001 to Launch Social E-Commerce Service (English article)

News Digest: December 14, 2011

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

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◙ HTC (Taipei: 2498) Sues Citi (NYSE: C) in Taiwan After Share Price Fall (English article)

◙ Sinopec, (HKEx: 386) ENN (HKEx: 2688) In $2.2 Bln Bid For China Gas (HKEx: 384) (English article)

◙ SouFun (NYSE: SFUN) Declares Cash Dividends to Shareholders (Businesswire)

◙ Alibaba Says Etao Search Engine Won’t Think About Profits For 3 Years (Chinese article)

◙ ZTE (HKEx: 763) 2011 Smartphone Sales Top 12 Mln (Chinese article)