News Digest

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

News Digest: April 7, 2011

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

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◙ HTC (Taipei: 2498) passes Nokia, RIM in market value (Chinese article)

◙ ZTE (HKEx: 763; Shenzhen: 000063) Explains Tussle with Ericsson (Stockholm: ERICb) (Chinese article)

◙ China to Raise Fuel Prices Today After Crude Oil Costs Climb, Planner Says (English article)

China Mobile (HKEx: 941; NYSE: CHL) Selects Spirent for Fibre Channel Switch Testing (Businesswire)

US-China Based Ascletis Raises $100 Million from Private Chinese Investors (Businesswire)

News Digest: April 6, 2011

The following press releases and media reports about Chinese companies were carried on April 6. To view a full article or story, click on the link next to the headline.

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◙ 21Vianet Files For $150 Million IPO (Chinese article)

◙ Audi’s Great Leap Forward in China (Chinese article)

◙ Huawei To Set Up Board of Directors for Australia Market (Chinese article)

◙ JA Solar (Nasdaq: JASO) Announces Strategic Partnership With Jabil (Globenewswire)

◙ HiSoft (Nasdaq: HSFT) Schedules Investor Call to Discuss Impact of Japan Earthquake (PRNewswire)

News Digest: April 5, 2011

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

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◙ Minmetals Offers to Acquire Equinox for $6.5 Billion (English article)

◙ LDK Solar (NYSE: LDK) Expands Solar Cell Capacity to 570 MW (PRNewswire)

◙ Shanda (Nasdaq: SNDA) to invest 200 million yuan in C2C (Chinese article)

◙ Zoning Reversal Allowing Large Expansion at BYD’s (HKEx: 1211) Xi’an China Auto Site (Businesswire)

◙ Chinese 3G Subscribers’ ARPU Triple That of GSM (Businesswire)

News Digest: April 2, 2011

The following press releases and media reports about Chinese companies were carried on April 2. To view a full article or story, click on the link next to the headline.

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◙ 360buy CEO Liu Changdong confirms $1.5 billion in 3rd round fund-raising (Chinese article)

Lenovo (HKEx: 992) Expands PCs at Best Buy (NYSE: BBY) Stores Beginning April 3 (Businesswire)

◙ Bright Food May Raise $916 Million Selling Bonds in China, Listing Unit (English Article)

◙ ChinaOil, Chimbusco, ChemChina, Unipec, Sinochem, CNOOC, Bright Oil to Attend COTC (Businesswire)

Halter USX China Index Up 4.83% for First Quarter 2011 (Businesswire)

◙ Shanda (Nasdaq: SNDA) Purchases Snr Convertible Bonds and Shares From Ku6 Media (PRNewswire)

News Digest: April 1, 2011

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

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◙ LDK Solar (NYSE: LDK) Finalizes Acquisition of 70% of Solar Power, Inc. for $33 Million (Businesswire)

◙ Youku (NYSE: YOKU) to Launch China’s Most Ambitious Web Serial (PRNewswire)

◙ Ping An (HKEx: 2318; Shanghai: 601318) Plans to Boost Bond Investments, Lift Stocks (Article)

◙ Walmart (NYSE: WMT) China Chief Executive Chan Says Seeking Land to Build More Stores (Article)

News Digest: March 31, 2011

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

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◙ CNOOC (NYSE: CEO; HKEx: 883) to Buy Tullow’s Interest in Areas 1, 2 and 3A in Uganda (PRNewsiwre)

◙ Giant Interactive (NYSE: GA) Announces Official Closed Beta Testing for ZT Online 2 (PRNewswire)

◙ ICBC (HKEx: 1989; Shanghai: 601989) sees slowing credit expansion 28 pct profit rise (English article)

◙ China’s Ping An (HKEx: 2318; Shanghai: 601318) net profit up 23.9 percent (English article)

◙ Tencent’s (HKEx: 700) chief executive Ma sells 2 mln company shares at discount (English article)

 

News Digest: March 30, 2011

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

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ZTE (HKEx: 763) to Deliver LTE TDD/FDD Dual-Mode Infrastructure Equipment to Hi3G (Businesswire)

E-House (NYSE: EJ) Announces Share Repurchase Program (PRNewswire)

LDK Solar (NYSE: LDK) Expands Management Team (PRNewswire)

NetSol Technologies In New NFS(TM) Contract With BYD (HKEx: 1211) Auto Finance (Businesswire)

Daqo New Energy (NYSE: DQ) Breaks Group for Phase 2 of Xinjaing Polysilicon Project (Businesswire)

Evergrande (HKEx: 3333) Achieves Core Profit Increase of 18 Times in 2010 (PRNewswire)

Dow (NYSE: DOW) and Binhua (Shanghai: 601678) Sign MOU for New China Venture (Businesswire)

 

News Digest: March 29, 2011

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

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◙ Sinopec (NYSE: SNP; HKEx: 386) to cut costs, expand overseas ops as refining profit drops (English article)

◙ LDK (NYSE: LDK) Starts Road Show for Poly Arm IPO (English article)

◙ David King to Succeed Amy Zhang as CFO of Suntech (NYSE: STP) (PRNewswire release)

◙ New Oriental (NYSE: EDU) to Report Third Quarter Financial Results on April 27 (PRNewswire release)

 

News Digest: March 28, 2011

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

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◙ Contacts automatically blocked for many China MSN users (Chinese article)

◙ Sinopec 2010 Net Rises 14%, Curbed by State Anti-Inflation Efforts (English article)

◙ Bidding heats up for China Motel 168 operator (English article)

◙ Shanghai Petrochemical (HKEx: 338; NYSE: SHI; Shanghai: 600688) 2010 Annual Results (PR Newswire)

News Digest: March 25, 2011

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

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◙ Bidding heats up for Motel 168 operator (English article)

◙ Huawei steps up high-end smartphone development (Chinese article)

◙ CNOOC (HKEx: 883; NYSE: CEO Production and Net Profit Hit Records (English press release)

◙ Baidu’s (Nasdaq: BIDU) market cap passes Tencent’s (HKEx: 700) (Chinese article)

◙ Unicom (HKEx: 762; NYSE: CHU) in talks to get Sony Ericsson flagship 3G phone (Chinese article)

◙ The List of Top 500 Chinese Real Estate Enterprises Released, in Which Vanke (Shenzhen: 000001) Ranks First and Evergrande Ranks Second (English press release)

◙ Guangshen Railway (NYSE: GSH; HKEx: 525; Shanghai: 601333) Announces 2010 Annual Results (English press release)

 

News Digest: March 23, 2011

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

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◙ ZTE (HKEx: 763; Shenzhen: 000063) Unveils US Website (English press release)

◙ Li Ka-Shing’s REIT to Start First Hong Kong Yuan IPO Today (English article)

◙ Groupon’s Gaopeng China site fares poorly in first week (Chinese article)

IBM (NYSE: IBM) settles SEC lawsuit alleging bribery in China, South Korea (English article)

◙ China Telecom (NYSE: CHT; HKEx 728) announces year-end results (English announcement; Chinese)

◙ iPad 2 Arrives in 25 More Countries This Friday (English press release)

◙ St. Jude Medical Opens Technology Center for Physicians in Beijing, China (English press release)