News Digest

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

News Digest: December 10-12, 2011

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The following press releases and media reports about Chinese companies were carried on December 10-12. To view a full article or story, click on the link next to the headline.

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◙ Regulator Dissatisfied With China Telecom (HKEx: 728) Anti-Monopoly Plan (Chinese article)

◙ Huawei Technologies to ‘Voluntarily’ Restrict Business Dealings in Iran (English article)

◙ China Passenger-Car Sales Gain at Slowest Pace in 6 Months as Demand Wanes (English article)

◙ Broker Haitong Delays as Hong Kong IPOs Aim Low (English article)

◙ Mindray Medical (NYSE: MR) to Acquire a Controlling Stake in Zhejiang Greenlander (PRNewswire)

News Digest: December 9, 2011

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

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◙ Formation of National Cable TV Company Delayed to End 2012 (Chinese article)

◙ Starbucks (Nasdaq: SBUX) Enters Five New Cities Across Mainland China (Businesswire)

◙ Qihoo 360 (NYSE: QIHU) Rejects Citron Research’s Accusations (PRNewswire)

◙ Spreadtrum (Nasdaq: SPRD) Makes Low-Cost Android TD-SCDMA Chip, Reaffirms Q4 Outlook (PRNewswire)

◙ New China Life raises $1.9 billion in dual IPO: IFR (English article)

News Digest: December 3-5, 2011

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The following press releases and media reports about Chinese companies were carried on December 3-5. To view a full article or story, click on the link next to the headline.

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◙ US Solar Firms Hurt by Chinese Imports, Trade Panel Says (English article)

◙ China Telecom (HKEx: 728), Unicom (HKEx: 762) Say To Mend Ways After Broadband Probe (English article)

◙ 64 Overseas-Listed China Firms Launch $300 Mln in Share Buybacks – Report (Chinese article)

◙ Shanda Interactive (Nasdaq: SNDA) Reports Q3 Unaudited Results (PRNewswire)

◙ JA Solar (Nasdaq: JASO) Completes Acquisition of Solar Silicon Valley (Globe Newswire)

News Digest: December 1, 2011

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The following press releases and media reports about Chinese companies were carried on December 1. To view a full article or story, click on the link next to the headline.

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◙ China Cuts Bank Reserves in Policy Shift To Lift Economy (English article)

◙ Alibaba-Led Group Said to Prepare Yahoo (Nasdaq: YHOO) Bid (English article)

◙ Changyou (Nasdaq: CYOU) to Buy Game Info Portal 17173.com from Sohu (Nasdaq: SOHU) (English article)

◙ Baidu (Nasdaq: BIDU) YouA Spins Off, Receives Eight-Figure USD Funding (English article)

◙ LDK Solar (NYSE: LDK) Announces Plan to Issue RMB3,000,000,000 Notes (PRNewswire)

News Digest: November 26-28, 2011

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The following press releases and media reports about Chinese companies were carried on November 26-28. To view a full article or story, click on the link next to the headline.

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◙ Alibaba (HKEx: 1688) Drops Most in More Than Two Years on 2012 Outlook (English article)

◙ Now China to Probe US Renewable Energy Support (English article)

◙ Gap (NYSE: GPS) Says to Triple China Network in 2012 (English article)

◙ China Lodging Group (Nasdaq: HTHT) Updates October Hotel Operating Performance (PRNewswire)

◙ NDRC Dispenses RMB 660 Mln in Cloud Subsidies – Source (English article)

 

News Digest: November 23, 2011

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

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◙ Shanda Interactive (Nasdaq: SNDA) Enters into Definitive Agreement for Privatization (PRNewswire)

◙ Suntech (NYSE: STP) Reports Q3 Financial Results (PRNewswire)

◙ E-House (NYSE: EJ) Reports Q3 and First Nine Months Results (PRNewswire)

◙ Number of China Group Buying Sites Falls For First Time – Report (Chinese article)

◙ Buying Focus Media (Nasdaq: FMCN) on Bullish Goldman, BofA Reports Lost 66% (English article)

News Digest: November 18-20, 2011

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The following press releases and media reports about Chinese companies were carried on November 18-20. To view a full article or story, click on the link next to the headline.

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◙ Lawmakers probe Chinese telecoms firms in U.S. (English article)

◙ Apple’s (Nasdaq: AAPL) iTunes App Store Begins Accepting RMB Payment (English article)

◙ New Oriental (NYSE: EDU) Refutes Allegations Made by OLP Global (PRNewswire)

◙ Baidu (Nasdaq: BIDU) Halts B2C Site Lekutian Investment – Source; Lekutian Denies (Chinese article)

◙ China Mobile (HKEx: 941) to Deploy 10-20K TD-LTE Base Stations in H1 2012 (English article)

 

News Digest: November 18, 2011

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The following press releases and media reports about Chinese companies were carried on November 18. To view a full article or story, click on the link next to the headline.

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◙ 3 Major Net Firms Challenge Baidu (Nasdaq: BIDU) in Search in 1 Day (Chinese article)

◙ China Mobile (HKEx: 941) to Invest 6 Bln Yuan to Build Wireless City in Shenzhen (Chinese article)

◙ Qihoo 360 (NYSE: QIHU) Wins USD 2.7 Mln Settlement from Baidu (Nasdaq: BIDU) (English article)

◙ Shanda Games (Nasdaq: GAME) Reports Q3 Unaudited Results (PRNewswire)

◙ NetEase.com (Nasdaq: NTES) Reports Q3 Unaudited Financial Results (PRNewswire)

News Digest: November 17, 2011

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The following press releases and media reports about Chinese companies were carried on November 17. To view a full article or story, click on the link next to the headline.

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◙ Dangdang (NYSE: DANG) Announces Q3 Results (PRNewswire)

◙ Shandong Gold (Shanghai: 600547) Offers $1 Billion for Jaguar Mining (NYSE: JAG) (English article)

◙ Youku (NYSE: YOKU) Announces Unaudited Q3 Results (PRNewswire)

◙ Qihoo 360 (NYSE: QIHU) Reports Unaudited Q3 Results (PRNewswire)

◙ Online Wine Merchant Jiuxian Secures Second-Round VC Funding (English article)

News Digest: November 16, 2011

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The following press releases and media reports about Chinese companies were carried on November 16. To view a full article or story, click on the link next to the headline.

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◙ Telecoms Regulator Enters Broadband Anti-Monopoly Investigation (Chinese article)

◙ China’s Low Hotel Occupancy Rates Threaten Hilton, Starwood (NYSE: HOT) Expansion (English article)

◙ VanceInfo (NYSE:VIT) Announces Q3 Results, Raises Full Year Revenue Guidance (PRNewswire)

◙ China GrenTech Announces Receipt of “Going Private” Proposal at $3.10 Per ADS (PRNewswire)

◙ SAP (Frankfurt: SAP) Plans to Double China Workforce, Budgets $2 Bln Spending by 2015 (English article)

News Digest: November 12-14, 2011

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The following press releases and media reports about Chinese companies were carried on November 12-14. To view a full article or story, click on the link next to the headline.

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◙ New China Life Seeks $2.5 billion Shanghai-HK IPO (English article)

◙ Tencent (HKEx: 700) to Invest RMB 1 Bln in Soso Search Engine Next Year (English article)

◙ Sinopec (HKEx: 386) Agrees to Pay $3.54 Billion for 30% Stake in Galp’s Brazilian Unit (English article)

◙ China Securities Regulate Confirms Studying Ways to Oversee Overseas VIE Listings (Chinese article)

◙ Hilton Opens 7th DoubleTree In China, Continues Fast Development of Brand (Businesswire)