News Digest

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

News Digest: June 1, 2011

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

══════════════════════════════════════════════════════

◙ Exclusive: Yahoo, Alibaba reach deal over Alipay: sources (English article)

◙ Canadian Solar (Nasdaq: CSIQ) and GCL (HKEx: 3800) Announce JV; to Build Wafer Plant (PRNewswire)

◙ Shanda Games (Nasdaq: GAME) Reports Q1 Unaudited Results (PRNewswire)

◙ E-House Reports Q1 2011 Results (PRNewswire)

◙ Ming Yang Wind (NYSE: MY) Withdraws Secondary Offer; Considers Share Repurchase (PRNewswire)

News Digest: May 31, 2011

The following press releases and media reports about Chinese companies were carried on May 31. To view a full article or story, click on the link next to the headline.

══════════════════════════════════════════════════════

◙ Jack Ma: Discussing 3 Issues With Yahoo (Nasdaq: YHOO), Compensation Unresolved (Chinese article)

◙ Asustek (Taipei: 2357) Unveils Padfone, Combining Tablet PC and Smartphone (English article)

◙ Total Buys 25% of CNOOC’s (HKEx: 883) Qatari Hydrocarbon Exploration License (English article)

◙ China Raises Retail Power Prices (English article)

◙ Chinese Government Launches Probe of Major Telecoms Carriers (English article)

 

News Digest: May 28-30, 2011

The following press releases and media reports about Chinese companies were carried on May 28-30. To view a full article or story, click on the link next to the headline.

══════════════════════════════════════════════════════

◙ Home Inns (Nasdaq: HMIN) Agrees to Acquire Motel 168 (PRNewswire)

◙ SAIC Motor (Shanghai: 600104) upbeat amid slowing China vehicle sales (English article)

◙ Baidu’s (Nasdaq: BIDU) Qiyi Explores Charging Fees as Users Reach 150 Million (English article)

◙ Shanda (Nasdaq: SNDA) to Report Q1 Financial Results on June 2 (PRNewswire)

◙ China Center for Corporate Governance Opens in Shanghai (Businesswire)

News Digest: May 27, 2011

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

══════════════════════════════════════════════════════

◙ Lenovo (HKEx: 992) Reports Q4 and Full Year 2010/11 Results (Businesswire)

◙ 360Buy Q1 2011 Sales Revenue Up 206% YoY (English article)

◙ Camelot Information Systems (NYSE: CIS) Announces Share-Repurchase Program (PRNewswire)

◙ China Announces First Group of Third-Party E-Payment Licensees (Chinese article)

◙ Suntech (NYSE: STP) and solarhybrid Announce Strategic Partnership (PRNewswire)

News Digest: May 26, 2011

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

══════════════════════════════════════════════════════

◙ Chinese online retailer Vancl plans $1 bln U.S. IPO-IFR (English article)

◙ Suntech (NYSE: STP) Reports Q1 Financial Results (PRNewswire)

◙ Yahoo (Nasdaq: YHOO) Chief Carol Bartz Says Alibaba Compensation Talks Progressing (English article)

◙ Longtop Financial (NYSE: LFT) Sued by Investor Claiming Securities Fraud (English article)

◙ Focus Media (Nasdaq: FMCN) Returns to Profit in Q1 (Chinese article)

News Digest: May 25, 2011

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

◙ Shanda’s (Nasdsaq: SNDA) Cloudary Registers For IPO Of Up To $200 Million (English article)

◙ Intel (Nasdaq: INTC) Names Maloney Chairman of China Unit Amid Demand Surge (English article)

◙ Laid Off Ku6 (Nasdaq: KUTV) Employees Seek Government Intervention (English article)

◙ China’s Taomee Holdings (NYSE: TAOM) Files for IPO of Up to $100 Mln (English article)

◙ Baidu (Nasdaq: BIDU) Vice President Shi Youcai Resigns (Chinese article)

News Digest: May 24, 2011

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

══════════════════════════════════════════════════════

◙ Yahoo (Nasdaq: YHOO) Slammed by Investors for Delay in Alibaba Disclosure (English article)

◙ Three Dead in Foxconn (HKEx: 2354) iPad 2 Plant Explosion (English article)

◙ HiSoft (Nasdaq: HSFT) Reports Q1 Financial Results (PRNewswire)

◙ Perfect World (Nasdaq: PWRD) Announces Q1 Unaudited Financial Results (PRNewswire)

◙ Longtop Financial (NYSE: LFT) Announces Resignation of CFO, Independent Investigation (PRNewswire)

News Digest: May 18, 2011

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

══════════════════════════════════════════════════════

◙ Qihoo 360 (NYSE: QHOO) Loses Kingsoft (HKEx: 3888) Unfair Competition Suit (English article)

◙ Trina Solar Announces Q1 Results(PRNewswire)

◙ Tencent (HKEx: 700) Buys ELong (Nasdaq: LONG) Stake to Expand in Online Travel (English article)

◙ GE (NYSE: GE) Compression Technology Again Selected for China’s West-to-East Pipeline (Businesswire)

◙ 360Buy Sees Profitability in 2012, Could Raise More Than $2 Bln in IPO (Chinese article)

News Digest: May 17, 2011

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

══════════════════════════════════════════════════════

◙ Yahoo’s (Nasdaq: YHOO) China Foothold Threatened by Rift With Alibaba Over Spinoff (English article)

◙ Wal-Mart (NYSE: WMT) Acquires Minority Stake in Yihaodian (English article)

◙ VanceInfo Reports Solid Q1 Results and Raises Full Year Guidance (PRNewswire)

◙ Canadian Solar (Nasdaq: CSIQ) Announces 81 MW Sales Agreement with Saferay (PRNewswire)

◙ Ctrip (Nasdaq: CTRP) Q1 profit reaches $36 million, up 23 percent (Chinese article)

News Digest: May 14-16, 2011

The following press releases and media reports about Chinese companies were carried on May 14-16. To view a full article or story, click on the link next to the headline.

══════════════════════════════════════════════════════

◙ Phoenix New Media (NYSE: FENG) up, China Zenix (NYSE: ZX) down in debut (English article)

◙ Alibaba Clarification on Alipay Status and Related Statements by Yahoo! (Nasdaq: YHOO): (Businesswire)

◙ Proposed Privatization of Little Sheep (HKEx: 968) at HK$6.50 per Scheme Share (Businesswire)

◙ Perfect World to Announce Q1 Financial Results on May 23 (PRNewswire)

 

News Digest: May 13, 2011

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

══════════════════════════════════════════════════════

◙ SINA (Nasdaq: SINA) Reports Q1 Financial Results (PRNewswire)

◙ Alibaba.com (HKEx: 1688) Reports 37 Percent Year-on-Year Profit Growth in Q1 (Businesswire)

◙ Canadian Solar (Nasdaq: CSIQ) Announces Q1 Results (PRNewswire)

◙ Yingli (NYSE: YGE) Announces Issuance of 2nd Tranche RMB 1.4 Bln 5-Year Notes (PRNewswire)

◙ 7 Days Group (NYSE: SVN) Announces Unaudited Q1 Financial Results (PRNewswire)