Chinese tech executives were waxing nostalgic on their microblogs this past week, reflecting a broader seasonal business slowdown as we head into the quiet summer months when many people go on vacation. The flurry of memories from top executives at smartphone maker Xiaomi, security software maker Cheetah Mobile (NYSE: CMCM) and e-commerce giant JD.com (Nasdaq: JD) came as a nice break from the usual promotional hype in the microblogging realm, and shows that even executives need to take a break periodically from their usual self-promotion.
While the airwaves were mostly empty of the usual hype, another Xiaomi executive was still at work with his hints that the company has applied for a virtual network operator (VNO) license to offer telecoms services. That move doesn’t come as a huge surprise, since a wide range of Chinese tech firms have also applied for such licenses, which allow them to offer mobile service under their own brand names to attract new users for their core products. Read Full Post…
The following press releases and media reports about Chinese companies were carried on July 17. To view a full article or story, click on the link next to the headline.
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WTO Rules Against US Import Tariffs On China Steel, Solar Panels (English article)
GAPPRFT to Regulate Internet TV Platform License Holders (English article)
Sohu (Nasdaq: SOHU) Online Game Unit Changyou To Invest $91 Mln In MoboTap (PRNewswire)
Yum’s (NYSE: YUM) China Rebound Dimmed By India, Pizza Hut Weakness (English article)
Wanda Group Seeks Partners To Form E-Commerce Unit (Chinese article)
The following press releases and media reports about Chinese companies were carried on July 16. To view a full article or story, click on the link next to the headline.
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Alibaba Said Likely To Sell More IPO Stock As Yahoo (Nasdaq: YHOO) Retreats (English article)
China Construction Bank (HKEx: 939) Registers New Zealand Subsidiary (English article)
China Awards 5th Batch Of E-Payment Licenses, Including First For Foreign Firm (Chinese article)
BYD (HKEx: 1211) Announces First Factory In Brazil (Businesswire)
Ctrip (Nasdaq: CTRP) Criticized For High-Fee Refund Policy (Chinese article)
The following press releases and media reports about Chinese companies were carried on July 15. To view a full article or story, click on the link next to the headline.
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GAPPRFT to Restrict Branded Video Channels on Internet TV – Source (English article)
China’s CICC Said To Invite Investment Banks For Hong Kong IPO (English article)
Regulator To Discuss Unconditional Return Policy With 10 E-Commerce Firms (Chinese article)
ZTE (HKEx: 763) Raises Forecast for 6-Month Profit On Strong 4G Sales (Businesswire)
Vita Coco Coconut Water Sells 25 Pct Stake To Red Bull China (Businesswire)
The following press releases and media reports about Chinese companies were carried on July 12-14. To view a full article or story, click on the link next to the headline.
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Alibaba Estimates Own Market Value At $130 Bln (Chinese article)
China’s Hony Capital Snaps Up Pizza Express For $1.6 Bln (English article)
China’s 3 State-Owned Carriers Form Telecoms Tower Firm (English article)
China State TV Says Apple (Nasdaq: AAPL) iPhone Creates Security Concern (English article)
Headphone Maker Beats Sues Chinese Counterfeiters For $135 Bln (English article)
The following press releases and media reports about Chinese companies were carried on July 11. To view a full article or story, click on the link next to the headline.
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The following press releases and media reports about Chinese companies were carried on July 10. To view a full article or story, click on the link next to the headline.
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The following press releases and media reports about Chinese companies were carried on July 9. To view a full article or story, click on the link next to the headline.
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Car Maker Tesla (Nasdaq: TSLA) Sued In China For Trademark Infringement (English article)
SouFun (NYSE: SFUN) Tumbles In New York On Commission Concerns (English article)
China Says GSK-Linked (London: GSK) Trial Being Handled According To Law (English article)
The following press releases and media reports about Chinese companies were carried on July 8. To view a full article or story, click on the link next to the headline.
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3 Telcos Ordered To Reduce Spending By 40 Bln Yuan In 3 Years (Chinese article)
China Signs Deal To Purchase 123 Airbus Helicopters (English article)
China Ousts Foreign Servers for Local Brand, People’s Daily Says (English article)
The following press releases and media reports about Chinese companies were carried on July 5-7. To view a full article or story, click on the link next to the headline.
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NQ Mobile (NYSE: NQ) Sinks 32 Pct As Audit Panel Heads Resigns (English article)
US ‘Concerned’ About Being Barred From GSK-linked (London: GSK) China Trial (English article)
Facebook (Nasdaq: FB) Leases 800 Square Meter Office In Beijing Central Business District (Chinese article)
China Approves Lenovo (HKEx: 992), IBM (NYSE: IBM) $2.3 Bln Server Deal (English article)
QVOD Abandons Old Address, Registers Under New Name (Chinese article)
The following press releases and media reports about Chinese companies were carried on July 4. To view a full article or story, click on the link next to the headline.
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China To Try GSK-linked (London: GSK) Investigator In Secret: Family Friends (English article)
