News Digest

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

News Digest: September 27, 2011

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

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Sinohydro Cuts IPO Size as Weak Market Hits Demand (English article)

7 Days Group (Nasdaq: SVN) Holdings Limited Announces COO Resignation (PRNewswire)

Giant Interactive (NYSE: GA) Announces New Share Repurchase Program (PRNewswire)

Renren (NYSE: RENN) Announces Acquisition of Online Video Site 56.com (PRNewswire)

AutoChina (Nasdaq: AUTC) Announces Shareholder Letter On IR Website (Businesswire)

News Digest: September 24-26, 2011

The following press releases and media reports about Chinese companies were carried on September 24-26. To view a full article or story, click on the link next to the headline.

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China Communications Construction eyes $3.1 billion Shanghai IPO (English article)

Lenovo (HKEx: 992) Lowers Price on A1 Tablet PC to 1,000 Yuan, May Start Price War (Chinese article)

Dangdang (NYSE: DANG) Announces Fulfillment Developments, New Head of Technology (PRNewswire)

ZTE (HKEx: 763; Shenzhen: 000063) Officially Launches Skate 4.3-Inch Smartphone Globally (Businesswire)

Silvercorp (NYSE: SVM) Sues Chinastockwatch.com Alleging Attempt to Drive Down Shares (English article)

News Digest: September 23, 2011

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

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Unicom (HKEx: 762) Buys 8 Mln 3G Smartphones to Ease Supply Shortage (Chinese article)

Alibaba Said to Be Valued at $32 Billion as Temasek, DST Invest in Company (English article)

Ctrip (Nasdaq: CTRP) Announces Plan to Repurchase Up to $15 Million in Shares (PRNewswire)

SMG, Endemol Partner on TV Content Production (English article)

◙ Deadline Announced for Lead Plaintiffs in the Class Action Suit Against SinoTech Energy (Businesswire)

News Digest: September 22, 2011

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

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Dangdang (NYSE: DANG) Plans 3C Price War Against 360Buy – Source (English article)

Lenovo (HKEx: 992) Passes Acer (Taipei: 2353) As World’s Third Biggest PC Seller (Chinese article)

Sino Agro Food Clears SEC Comments on its Form 10 Registration Statement (Businesswire)

Baidu (Nasdaq: BIDU) Invests in Group Buying Cosmetics Site 36tuan – Source (Chinese article)

Shanda’s (Nasdaq: SNDA) Ku6 Media (Nasdaq: KUTV) Quits Video, Tries SNS (Chinese article)

News Digest: September 21, 2011

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

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Nokia Siemens Cuts 240 Jobs, Cut Workers Say Move Violates Labor Law (Chinese article)

First Solar’s (Nasdaq: FSLR) Record Efficiency May Best China Solar Panels (English article)

Blackstone hires Carlyle China dealmaker: sources (English article)

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

Qihoo 360 (Nasdaq: QIHU) Launches Full Suite of Mobile Browsers (PRNewswire)

News Digest: September 17-19, 2011

The following press releases and media reports about Chinese companies were carried on September 17-19. To view a full article or story, click on the link next to the headline.

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Citic Securities (Shanghai: 600030) Said to Seek Up to $1.9 Bln in IPO Test for HK (English article)

Google (Nasdaq: GOOG) Plans China Expansion With Move Into Display Ads (Chinese article)

China Telecom (HKEx: 728; NYSE: CHA) to Sell iPhone 5 Next Month – Source (English article)

Huawei Hires IBM (NYSE: IBM) as Brand Strategy Consultant (English article)

◙ Former Acer (Taipei: 2353) CEO Lanci Joins Legend Group as Consultant (Chinese article)

News Digest: September 16, 2011

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

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◙ 360Buy Slows Down IPO Due To Less-Than-Perfect Financials – Source (Chinese article)

◙ Prudential Financial (NYSE: PRU) and Fosun (HKEx: 656) to launch China life insurance JV (Businesswire)

◙ Perfect World (Nasdaq: PRWD) Adjusts Guidance for Q3 (PRNewswire)

◙ China Mobile (HKEx: 941; NYSE) to Begin TD-LTE Commercial Trials in 2011 – Source (English article)

◙ Muddy Waters’ Carson Block Says Chinese Consumer Demand Is Overstated (English article)

News Digest: September 15, 2011

The following press releases and media reports about Chinese companies were carried on September 15. To view a full article or story, click on the link next to the headline.

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◙ China Telecom (HKEx: 728) to Sell iPhone 5 From October, Vendors Taking Orders (Chinese article)

◙ House probing $528M loan to failed solar company (English article)

◙ Sohu (Nasdaq: SOHU) Video Licenses 400 20th Century Fox Film Titles (English article)

◙ Phoenix New Media (NYSE: FENG) Launches WeiShiTong (PRNewswire)

◙ Canadian Solar (Nasdaq: CSIQ) Expands US Operations, Adds East Coast Warehouse (PRNewswire)

News Digest: September 14, 2011

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

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Google (Nasdaq: GOOG) China Launches Group Buy Deal Aggregator (English article)

ReneSola (NYSE: SOL) Announces Progress in Share Repurchase Program (PRNewswire)

AutoChina International (Nasdaq: AUTC) Announces Receipt of Letter Delisting Notification (Businesswire)

SMIC (HKEx: 981) Issues 152 Mln Share Options as Incentives For Managers (Chinese article)

◙ Online Media Site Douban Gets $50 Mln in Third Round Funding (Chinese article)

News Digest: September 10-12, 2011

The following press releases and media reports about Chinese companies were carried on September 10-13. To view a full article or story, click on the link next to the headline.

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Scotiabank (Toronto: BNS) Buys Almost 20% of Bank of Guangzhou for $727 Million (English article)

Wal-Mart (NYSE: WMT) Buys 20% Stake in B2C Yihaodian – Source (English article)

Pfizer (NYSE: PFE), Guoyuan Form China Animal Vaccine Joint Venture (Businesswire)

Phoenix New Media (Nasdaq: FENG) Broadens Product Offering (PRNewswire)

Lenovo (HKEx: 992) Will Become World’s No. 2 PC Firm By Year End – Chairman (Chinese article)

News Digest: September 9, 2011

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

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Yahoo (Nasdaq: YHOO) May Sell Stakes in Alibaba, Yahoo Japan – Source (English article)

◙ Group Buying Site Lashou Loses IPO Underwritersj – Source (English article)

Lashou Said to Plan U.S. IPO as Daily-Deal Site Seeks to Replace Advisers (English article)

◙ Beijing Yizhuang Labor Bureau Investigates Nokia (Helsinki: NOK1V) Layoffs (Chinese article)

Yingli Green Energy to Hold Annual Investor Day on October 18 (PRNewswire)