News Digest

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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◙ China’s Jingdong Mall, Known as 360Buy, Plans $4-$5 bln US IPO – Source (English article)

◙ Huawei Tablet PC Enters Education Arena, Targets 1 Mln in Sales (Chinese article)

◙ Renren (NYSE: RENN) Xiaozhan Light Blogging Service Officially Launched (PRNewswire)

◙ ConocoPhillips (NYSE: COP) To Establish Bohai Bay Fund (Businesswire)

◙ Google (Nasdaq: GOOG) Says China Govt Has Renewed Its Internet License (English article)

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

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◙ Dell (Nasdaq: DELL), Baidu (Nasdaq: BIDU) Team Up For Tablets, Mobiles (English article)

◙ China Mobile’s (HKEx: 941) Wang: TD Tough, But Confident of 50 Mln 3G Users by Yr End (Chinese article)

◙ First Solar (Nasdaq: FSLR) Announces Deal for 100MW Module Supply with Reliance Power (Businesswire)

◙ TCL (Shenzhen: 000100) Rolls Out Tablet PCs for 3G, Wi-Fi (Chinese Article)

◙ Temasek Spends $2.8 Billion for Shares in China Construction Bank (HKEx: 939) (English article)

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

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◙ 13 Companies Win Electronic Payment Licenses in Second Round of Awards (Chinese article)

◙ Shanda Interactive (Nasdaq: SNDA) Reports Q2 Unaudited Results (PRNewswire)

◙ Former Sichuan Mobile (HKEx: 941; NYSE: CHL) GM Sentenced to Death (English article)

◙ Government Issues Call for Foreign Electronic Payment License Applications (Chinese article)

◙ Camelot Information Systems (NYSE: CIS) Announces Contract for Customized EPS (PRNewswire)

The following press releases and media reports about Chinese companies were carried on August 27-29. To view a full article or story, click on the link next to the headline.

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◙ Nokia (Helsinki: NOK1V) Admits to Recent Channel Problems in China (Chinese article)

◙ China Mobile (HKEx: 941) to Release 30 TD-SCDMA Handsets in H2 2011 (English article)

◙ PlayPhone and Perfect World (Nasdaq: PWRD) Announce Strategic Partnership (Businesswire)

◙ AMD (NYSE: AMD) Names Lenovo’s (HKEx: 992) Rory Read Chief After 7-Month Search (English article)

◙ BYD (HKEx: 1211) and Hertz Partner to Bring the First EV Rentals to China (Businesswire)

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

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◙ China’s Biggest Banks Post Record First-Half Profits as BofA, RBS Stumble (English article)

◙ Unicom (HKEx: 762) Estimates 3G to Turn Profitable on Monthly Basis in H2 (Chinese article)

◙ Groupon, Tencent’s (HKEx: 700) Gaopeng Cuts Workforce by One-Third – Report (English article)

◙ PetroChina (HKEx: 857) Seeks ‘Reasonable’ Margins as State Price Curbs Cut Profit (English article)

◙ Shanda’s (Nasdaq: SNDA) Cloudary Refiles NYSE IPO (English article)

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

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◙ CNOOC (NYSE: CEO; HKEx: 883) Achieves a Significant 51.4% Increase in H1 Profit (PRNewswire)

◙ Hertz, General Electric (NYSE: GE) partner in building electric vehicle market in China (English article)

◙ China Unicom (NYSE: CHU; HKEx: 762) H1 Profit Falls 9.2% (English article)

◙ 360Buy Stops Using Alipay For Electronic Payments (Chinese article)

◙ Renren (NYSE: RENN) and MSN China Announce Strategic Cooperation (PRNewswire)

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

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◙ China Passed US to Become World’s Largest PC Market in Q2 – IDC (Businesswire)

◙ China Telecom Q2 Profit Gains 12% on Growth in Mobile Users (English article)

◙ China Life Profit Falls 28% as Shanghai Stock Slide Hits Investment Return (English article)

◙ Trina Solar (NYSE: TSL) Announces Q2 Results (PRNewswire)

◙ Shanda Games (Nasdaq: GAME) Reports Q2 Unaudited Results (PRNewswire)

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

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◙ China Construction Bank (HKEx: 939) Record $14.5 Bln Profit on Credit Demand (English article)

◙ Suntech (NYSE: STP) Reports Q2 Financial Results (PRNewswire)

◙ Groupon’s Gaopeng Lays Off 400 Staff (Chinese article)

◙ China’s Sina (Nasdaq: SINA) invests up to $40 million in Tudou (Nasdaq: TUDO): source (English article)

◙ China’s BYD (HKEx: 1211) profit plunges after auto tax breaks end (English article)

The following press releases and media reports about Chinese companies were carried on August 20-22. To view a full article or story, click on the link next to the headline.

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◙ Culture Ministry Request Removal of Illegal Music by Websites by Sept 15 (Chinese article)

◙ CCTV Expert Suggests Baidu (Nasdaq: BIDU) Paid Search Should Be Illegal (English article)

◙ Yingli Green Energy (NYSE: YGE) Reports Q2 Results (PRNewswire)

◙ Longtop (NYSE: LFT) Delisted on NYSE, Moves to Pink Sheets (English article)

◙ Steve Jobs Talks Personally to China Mobile (HKEx: 941) on iPhone Imports – Source (Chinese article)

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

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◙ Coca-Cola (NYSE: KU) Invests US$4 Billion for Long-Term Sustainable Growth in China (Businesswire)

◙ China Mobile (HKEx: 941; NYSE: CHL) Q2 Profit Rises 7% on Data Traffic (English article)

◙ LDK Solar (NYSE: LDK) Revises Q2 and 2011 Guidance, Announces Q2 Reporting Date (PRNewswire)

◙ Lenovo (HKEx: 992) Reports Q1 2011/12 Results (Businesswire)

◙ Qihoo 360 (NYSE: QIHU) Q2 2011 Profit Up 412% YoY (English article)