News Digest

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

News Digest: August 1, 2014

The following press releases and media reports about Chinese companies were carried on August 1. To view a full article or story, click on the link next to the headline.
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  • Alibaba in Talks To Invest In Snapchat (English article)
  • Qihoo 360 (NYSE: QIHU) Announces Offering of $900 Mln Convertible Senior Notes (PRNewswire)
  • Mango TV To Acquire Renren’s (NYSE: RENN) 56.com – Source (English article)
  • Fosun (HKEx: 656), Shanghai Film Set Up Fund To Invest In Movie Theater Assets (Chinese article)
  • New Oriental (NYSE: EDU), Tencent (HKEx: 700) In Online Eduction JV (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 31, 2014

The following press releases and media reports about Chinese companies were carried on July 31. To view a full article or story, click on the link next to the headline.
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  • Chinese Vendors Outpace Market As Smartphone Shipments Grow 23.1% In Q2 – IDC (Businesswire)
  • EU/China Solar Deal Offers No Dumping Protection: EU Producers (English article)
  • Qihoo 360 (NYSE: QIHU), The9 (Nasdaq: NCTY) Establish Gaming JV – Source (English article)
  • LDK Restarts Polysilicon Production At Facility Idled For 2 Years (Chinese article)
  • Microsoft (Nasdaq: MSFT) To Launch China Xbox Sales Sept 23, Starting At 3699 Yuan (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 30, 2014

The following press releases and media reports about Chinese companies were carried on July 30. To view a full article or story, click on the link next to the headline.
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  • China Retail Executive Wang Being Probed In Bribery Case (English article)
  • GAPPRFT Mulls Quota System for Foreign Online Video Content – Source (English article)
  • Jumei (NYSE: JMEI), JD.com (Nasdaq: JD) Suspected Of Knowingly Selling Fake Goods (Chinese article)
  • Chery Receives Order For 13,000 Cars From Venezuela (Chinese article)
  • McDonald’s (NYSE: MCD) Japan withdraws profit guidance after China food scare (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 29, 2014

The following press releases and media reports about Chinese companies were carried on July 29. To view a full article or story, click on the link next to the headline.
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  • SAIC Visits 4 Microsoft (Nasdaq: MSFT) Offices In New Investigation (Chinese article)
  • Microsoft (Nasdaq: MSFT) Taps Tencent And JD.com For Xbox Sales In China (English article)
  • Sohu.com (Nasdaq: SOHU) Reports Q2 Unaudited Financial Results (PRNewswire)
  • Scandal-Hit Husi Food Admits To Management Problems, Downplays Issues (Chinese article)
  • China Condemns US Anti-Dumping Duties On Solar Imports (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 26-28, 2014

The following press releases and media reports about Chinese companies were carried on July 26-28. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Among Chinese Companies Approved to Set Up 3 Lenders (English article)
  • Shenyin & Wanguo (HKEx: 218) Buys Hong Yuan (Shanghai 000562) For $6.4 Bln (English article)
  • Shanghai Disneyland (NYSE: DIS) Eyes Opening At End 2015 (Chinese article)
  • NDRC Determines Qualcomm’s (Nasdaq: QCOM) Anti-Trust Guilt, Collects Sales Data (Chinese article)
  • US Sets Anti-Dumping Duties On Solar Imports From China, Taiwan (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 25, 2014

The following press releases and media reports about Chinese companies were carried on July 25. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) Announces Q2 Results (PRNewswire)
  • Xiaomi Plans HK Back-Door Listing Using Shell Company – Market Talk (Chinese article)
  • ZTE (HKEx: 763), TIM Brasil to Set Up Next-Generation Broadband Innovation Center (Businesswire)
  • Smartphone Brand Awareness Increasing in China; Apple Still Holds Top Spot – TrendForce (Businesswire)
  • Qualcomm’s (Nasdaq: QCOM) Profit Hurt by Dispute Over China Royalties (English article)

News Digest: July 24, 2014

The following press releases and media reports about Chinese companies were carried on July 24. To view a full article or story, click on the link next to the headline.
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  • McDonald’s (NYSE: MCD) Sticks By Meat Supplier OSI After Yum Severs Ties (English article)
  • SAIC (Shanghai: 600104), Alibaba Partner In Internet Car Initiative (Chinese article)
  • First Foreign-Invested Hospital Approved, Obstacles Remain (Chinese article)
  • Phoenix Satellite TV (HKEx: 2008) Announces Profit Warning (HKEx announcement)
  • Lenovo (HKEx: 992) To Launch, Air Purifiers, Other Smart Devices (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 23, 2014

The following press releases and media reports about Chinese companies were carried on July 23. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Halts New Development For Microblog Service (Chinese article)
  • Alibaba Joins With Banks In Online Lending Initiative (Chinese article)
  • New Oriental (NYSE: EDU) Announces Q4 Results, $120 Mln Share Repurchase (PRNewswire)
  • Xiaomi Unveils New Flagship Smartphone, The Mi 4, With A Metal Frame (English article)
  • Apple (Nasdaq: AAPL) Revenue Lags Street’s View Despite Strong China Growth (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 22, 2014

The following press releases and media reports about Chinese companies were carried on July 22. To view a full article or story, click on the link next to the headline.
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  • Yum (NYSE: YUM), McDonald’s Apologize As New China Food Scandal Hits (English article)
  • Mobile Internet Users Pass Desktop Users For First Time – CNNIC (Chinese article)
  • Huawei’s H1 revenue Up 19 Percent Year-On-Year At $22 Bln (English article)
  • Citic Securities (HKEx: 6030) Announces Preliminary H1 Results (HKEx announcement)
  • China Telecom (HKEx: 728) Starts Selling 4G Phones, Service In 16 Cities (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 19-21, 2014

The following press releases and media reports about Chinese companies were carried on July 19-21. To view a full article or story, click on the link next to the headline.
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  • Forbes Media Sells Off Most Of Company To HK Investor Group (Chinese article)
  • Paipai Re-launch to Bring JD.com (Nasdaq: JD) Experience to C2C (PRNewswire)
  • SouFun (NYSE: SFUN) Announces 5-Year Plan with a New Flagship Website Fang.com (PRNewswire)
  • SCA And Vinda To Integrate Hygiene Business In China (Businesswire)
  • Giant Interactive (NYSE: GA) Completes $3 Bln Going Private Transaction (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 18, 2014

The following press releases and media reports about Chinese companies were carried on July 18. To view a full article or story, click on the link next to the headline.
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  • Sources Say Alibaba Delaying IPO Road Show Until September (Chinese article)
  • LeTV (Shenzhen: 300104) Halts Set-Top Box Sales, Denies Regulator Pressure (Chinese article)
  • China To Hold Public Trial Of Foreign Couple Who Worked For GSK (London: GSK) (English article)
  • Amway Issues Statement In Response To Online Rumor Attack (Chinese article)
  • Hainan Airlines (Shanghai: 600221) To Spend $5.1 Bln For 50 Boeing 737s (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)