News Digest

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

News Digest: November 11, 2011

The following press releases and media reports about Chinese companies were carried on November 11. To view a full article or story, click on the link next to the headline.

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◙ China’s Sinochem Planning Up To $5.5 Billion Shanghai IPO (English article)

Caterpillar (NYSE: CAT) to make buyout offer for ERA Mining (HKEx: 8043) (English article)

SouFun (NYSE: SFUN) Announces Q3 Results (PRNewswire)

Renren (NYSE: RENN) Announces Unaudited Q3 Results (PRNewswire)

China Lodging Group (Nasdaq: HTHT) Reports Q3l Results (PRNewswire)

News Digest: November 9, 2011

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

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◙ Sina (Nasdaq: SINA) Reports Q3 Results (PRNewswire)

◙ LaShou Sets IPO Price Range, Aims to Raise $75 Million on Nasdaq (Chinese article)

◙ China National Biotec Said to Plan $2 Billion Hong Kong Initial Offering (English article)

◙ China Approves Yum (NYSE: YUM) Proposal to Acquire China’s Little Sheep (HKEx: 968) (Businesswire)

◙ McGraw-Hill, New Oriental Form China Education Joint Venture (PRNewswire)

News Digest: November 8, 2011

The following press releases and media reports about Chinese companies were carried on November 8. To view a full article or story, click on the link next to the headline.

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◙ Lashou, China’s Top Daily-Deal Website, May Abandon Groupon Model – Report (English article)

◙ CNOOC’s (HKEX: 883) $7.1 Bln Purchase of BP’s Argentine Unit Scrapped; Shares Drop (English article)

◙ Yingli Green Energy Updates Q3 Guidance (PRNewswire)

◙ Canadian Solar (Nasdaq: CSIQ) Issues Statement on Solar Trade Petition (PRNewswire)

◙ ReneSola Announces Updates to Q3 (PRNewswire)

News Digest: November 5-7, 2011

The following press releases and media reports about Chinese companies were carried on November 5-7. To view a full article or story, click on the link next to the headline.

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PepsiCo (NYSE: PEP) Sells China Bottling Assets to Tingyi (HKEx: 322) (English article)

Alibaba, Tencent (HKEx: 700), Baidu (Nasdaq: BIDU) in Land Grab (Chinese article)

China Mobile (HKEx: 941) TD-SCDMA Procurement Bids Rise – Source (English article)

Sinopec (HKEx: 386), PetroChina (HKEx: 857) Up on Fuel-Pricing Change Speculation (English article)

UCWeb Sues Tencent (HKEx: 700) For Unfair Competition (Chinese article)

News Digest: November 4, 2011

The following press releases and media reports about Chinese companies were carried on November 4. To view a full article or story, click on the link next to the headline.

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◙ 4 Famous Writers, Including Han Han, Sue Baidu (Nasdaq: BIDU) For Copyright Theft (Chinese article)

Dangdang (NYSE: DANG) Reportedly Planning New Price War against 360Buy (English article)

Gap (NYSE: GPS) Sees China Becoming Billion-Dollar Business in 3-4 Years (English article)

Trina Solar (NYSE: TSL) Announces Updates to Q3 Guidance (PRNewswire)

Spreadtrum (Nasdaq: SPRD), Sohu (Nasdaq: SOHU) Deliver Feature Phone App Store (PRNewswire)

News Digest: October 28, 2011

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

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◙ Baidu (Nasdaq: BIDU) Announces Q3 Results (PRNewswire)

◙ ZTE (HKEx: 763) 9-Month Operating Revenue Rises 26.5% to RMB58.29 Billion (Businesswire)

◙ China Unicom (HKEx: 762) 9-Month Profit Up 4 Pct to 4.248 Bln Yuan (Chinese article)

◙ BYD’s (HKEx: 1211) First Pure-Electric Vehicle Now Available for Consumers in China (Businesswire)

◙ Joyo Amazon (Nasdaq: AMZN) Rebrands as Amazon China (English article)

News Digest: October 26, 2011

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

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Wal-Mart (NYSE: WMT) Reviews China Mgmt as Pork-Label Scandal Leads to Apology (English article)

Nokia (Helsinki: NOK1V) Names Gustavo Eichelmann As New China Head (Chinese article)

TAL Education (NYSE: XRS) Announces Unaudited Results for the Second Fiscal Quarter (PRNewswire)

CNOOC (HKEx: 883; NYSE: CEO) says Bohai Bay oil spill sources all sealed: Xinhua (English article)

Groupon’s Gaopeng Loses $46.45 Mln in First 9 Months of 2011 (Chinese article)

News Digest: October 25, 2011

The following press releases and media reports about Chinese companies were carried on October 25. To view a full article or story, click on the link next to the headline.

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◙ US Watchdog Warns on China Audits (English article)

Alibaba’s Alipay Suffers Mass Withdrawals, Service Outage (English article; Chinese article)

360Buy’s CEO Hints at Fraying Relations With Alibaba’s Etao Search Engine (Chinese article)

◙ China’s HNA Group Builds $6.3 Billion Warchest for Deals in Europe, U.S. (English article)

China Lodging Group (Nasdaq: HTHT) Announces Management Change (PRNewswire)

News Digest: October 22-24, 2011

The following press releases and media reports about Chinese companies were carried on October 22-24. To view a full article or story, click on the link next to the headline.

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◙ China Slams US Over Solar Complaint (English article)

Sina (Nasdaq: SINA) Weibo Unveils On-Deck Search Site (English article)

Huawei to Break Into US Through Innovation – Executive (Chinese article)

Yingli Green Energy (NYSE: YGE) Statement on SolarWorld America’s Petitions (PRNewswire)

Saab’s Survival Chances Dwindle as Chinese Investors Cut Offer (English article)

News Digest: October 20, 2011

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

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SolarWorld, US Solar Manufacturers Petition to Stop Unfair Trade by China’s Industry (Businesswire)

◙ China 3G Users Cross 100 Million Mark, Account For 60 Pct of New Users in Jan-Sept (Chinese article)

◙ China to Draft New Regulations For E-commerce – Xinhua (English article)

◙ Chinese Authorities to Release Group Buy Regulations (English article)

Yingli Green Energy (NYSE: YGE) Gives Key Highlights from Its Global Investor Day (PRNewswire)

News Digest: October 19, 2011

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

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◙ China Quizzes Audit Giants on Foreign Regulator Contact (English article)

Tencent (HKEx: 700) Acquires Stake in SNS Kaixin001 – Company Source (English article)

New Oriental (NYSE: EDU) Announces Results for Fiscal Qtr Ended August 31 (PRNewswire)

Nomura Set to Buy GE Capital (NYSE: GE) Unit in China: Source (English article)

◙ China Becomes 2nd Largest Apple (Nasdaq: AAPL) Market: Cook (English article)