News Digest

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

News Digest: July 3, 2014

The following press releases and media reports about Chinese companies were carried on July 3. To view a full article or story, click on the link next to the headline.
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  • Xiaomi Says Smartphone Shipments Almost Quadruple In First Half (English article)
  • Amazon (Nasdaq: AMZN) Appoints New China President (English article)
  • Lenovo (HKEx: 992) Expects IBM, Mobility Deals To Be Completed By Year End (English article)
  • Alipay Tests Virtual Credit Card Product (English article)
  • Hugo Boss Takes Full Control Of Stores In China And Macau (English article)

News Digest: July 2, 2014

The following press releases and media reports about Chinese companies were carried on July 2. To view a full article or story, click on the link next to the headline.
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News Digest: July 1, 2014

The following press releases and media reports about Chinese companies were carried on July 1. To view a full article or story, click on the link next to the headline.
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  • Sex Video New Twist In GSK (London: GSK) China Bribery Scandal (English article)
  • LeTV (Shenzhen: 300104) Wins Piracy Lawsuit Against Xiaomi Box (Chinese article)
  • WeChat Accounts for 10 Pct Of JD.com (Nasdaq: JD) Book Sales (English article)
  • Mobile Game Maker Ourgame (HKEx: 6899) Drops 17 Pct On Trading Debut (Chinese article)
  • Apple (Nasdaq: AAPL) Seeks Managers For Stores In 6 New Chinese Cities (English article)

News Digest: June 28-30, 2014

The following press releases and media reports about Chinese companies were carried on June 28-30. To view a full article or story, click on the link next to the headline.
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  • China Telecom, Unicom Get 4G FDD-LTE Trial Licences In 16 Cities (English article)
  • Tencent (HKEx: 700) Invests $736 Mln For 19.9 Pct Of 58.com (NYSE WUBA) (company announcement)
  • Trina (NSYE: TSL) CEO Elected First President of New China Photovoltaic Industry Assn (PRNewswire)
  • New Energy Car Sales Rise 10-Fold, Turning Point Seen For BYD (HKEx: 1211) (Chinese article)
  • LightInTheBox (NYSE: LITB) Raises Q2 Financial Guidance (PRNewswire)

News Digest: June 27, 2014

The following press releases and media reports about Chinese companies were carried on June 27. To view a full article or story, click on the link next to the headline.
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  • Alibaba Picks New York Stock Exchange For IPO (English article)
  • Chinese Cars In ‘Transformers 4’ Bound for US Next Year (English article)
  • Video Site QVOD Refuses To Pay 260 Mln Yuan Copyright Fine, Says To Sue (Chinese article)
  • Canadian Solar (Nasdaq: CSIQ) In Deal For 140 MW DC Solar Farm In Ontario (PRNewswire)
  • GM (NYSE: GM) Says Ignition Switch Linked To Recall Made In China (English article)

News Digest: June 26, 2014

The following press releases and media reports about Chinese companies were carried on June 26. To view a full article or story, click on the link next to the headline.
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  • China’s Postal Savings Bank Said To Plan $4 Bln IPO (English article)
  • Vanke (HKEx: 2202) Completes Transition of B-Shares To H-Shares (Chinese article)
  • Best Buy (NYSE: BBY) Considers Sales Of China Business – WSJ (English article)
  • Skyscanner Acquires Chinese Travel Search Start-up Youbibi (Businesswire)
  • China Forestry (HKEx: 930) Extends Bond Buyback After Missed Payment (English article)

News Digest: June 25, 2014

The following press releases and media reports about Chinese companies were carried on June 25. To view a full article or story, click on the link next to the headline.
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  • Online Karaoke SNS Tiange Files For HK IPO To Raise Up To HK$1.6 Bln (Chinese article)
  • New VNO Phone Numbers See Multiple Bugs, No Immediate Fix (Chinese article)
  • Today’s Headlines Probed For Violations By Copyright Regulator (Chinese article)
  • Xulei (Nasdaq: XNET) Shares Rise 24 Pct On First Trading Day After IPO (Chinese article)
  • Dangdang (NYSE: DANG) To Launch Digital Publishing Platform (English article)

News Digest: June 21-23, 2014

The following press releases and media reports about Chinese companies were carried on June 21-23. To view a full article or story, click on the link next to the headline.
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  • US Investors in China Internet Companies Face Risks From VIE Structure (English article)
  • SMS Usage Falls Below 40 Messages Per User Per Month – MIIT (Chinese article)
  • Chinese Company Demands Changes to Paramount’s ‘Transformers’ (English article)
  • Porsche’s China Boss Offers Upbeat Outlook (English article)
  • Autohome (NYSE: ATHM) Launches Car Sales on JD.com (Nasdaq: JD) , Paipai (English article)

News Digest: June 20, 2014

The following press releases and media reports about Chinese companies were carried on June 20. To view a full article or story, click on the link next to the headline.
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  • Solar Tariffs To Boost Prices for Chinese Panels In US By 14 Pct – Report (English article)
  • China Mobile Games (Nasdaq: CMGE) In Mgmt Shake-Up Over Business Practices (Chinese article)
  • Starwood (NYSE: HOT) To Double Luxury Portfolio in China in Next 2 Years (Businesswire)
  • Haier To Cut 10,000 Jobs In Ongoing Efficiency Drive (Chinese article)
  • Sina (Nasdaq: SINA) Fully Acquires Online Lottery Site Aicai.com (English article)

News Digest: June 19, 2014

The following press releases and media reports about Chinese companies were carried on June 19. To view a full article or story, click on the link next to the headline.
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  • Vacation Rental Site Tujia Completes $100 Mln Series C Funding (English article)
  • ZTE (HKEx: 763) Files Antitrust Complaint With European Commission Against Vringo (Businesswire)
  • Guangzhou Daily Withdraws Lawsuit Against Today’s Headlines App (Chinese article)
  • Huawei Expands In Russian Tech Services After Putin’s China Deal (English article)
  • Billionaire JD.com (Nasdaq: JD) Founder Lines Up Next Challenge: Beating Alibaba (English article)

News Digest: June 18, 2014

The following press releases and media reports about Chinese companies were carried on June 18. To view a full article or story, click on the link next to the headline.
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  • Search Engines Halt P2P Platform Promotion (Chinese article)
  • Volvo’s China Export Plans Mark New Phase In Geely (HKEx: 175) Strategy (English article)
  • Yingli Green Energy (NYSE: YGE) Reports Q1 Results (PRNewswire)
  • LightInTheBox (NYSE: LITB) Announces Resignations Of President, Senior VP (PRNewswire)
  • Citic Adds Investors Including Tencent (HKEx: 700), Och-Ziff to Share Sale (English article)