News Digest

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

News Digest: February 20, 2014

The following press releases and media reports about Chinese companies were carried on February 20. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) To Buy 20 Percent Of Restaurant Ratings Site Dianping (HKEx announcement)
  • Dongfeng (HKEx: 489) To Pay 800 Mln Euros For 18 Pct Of Peugeot (Paris: PEUP) (English article)
  • MIIT: China’s 4G User Base To Reach 30-50 Mln In 2014 (English article)
  • Xiaomi Enters Singapore To Kick Off Global Expansion (Chinese article)
  • Qihoo 360 (NYSE: QIHU) To Introducing Free Security Services To The World (PRNewswire)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 19, 2014

The following press releases and media reports about Chinese companies were carried on February 19. To view a full article or story, click on the link next to the headline.
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  • Alibaba to Increase Sina (Nasdaq: SINA) Microblog Stake To 30-50 Pct – Source (English article)
  • Samsung (Seoul: 005930) Leads Smartphone Sellers In China In Q4 – IDC (Chinese article)
  • Tencent (HKEx: 700), Jingdong Ink Investment Deal – Source (English article)
  • China Trust Investors Demand Funds From ICBC (HKEx: 1398) After Bailout (English article)
  • Court Clears Sale Of Hybrid Car Maker Fisker To China’s Wanxiang (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 18, 2014

The following press releases and media reports about Chinese companies were carried on February 18. To view a full article or story, click on the link next to the headline.
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  • New Oriental (NYSE: EDU) Spins Off Online Education Business – Memo (English article)
  • Peugeot Family Approves Draft Dongfeng (HKEx: 489) Deal: Sources (English article)
  • Travel Site Tongcheng Receives 500 Mln Yuan Funding From Group Including Tencent (HKEx: 700) (Chinese article)
  • SMIC (HKEx: 981) Announces Q4 Results (HKEx announcement)
  • Fosun (Shanghai: 600196) to Acquire China Hospitals Operator Chindex With TPG (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 15-17

The following press releases and media reports about Chinese companies were carried on February 15-17. To view a full article or story, click on the link next to the headline.
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  • US To Pursue Trade Dispute Over Chinese, Taiwanese Solar Imports (English article)
  • China’s Wanxiang Wins US Bankruptcy Auction For Fisker Automotive (English article)
  • Vipshop (NYSE: VIPS) Acquires Controlling Interest In Lefeng For $133 Mln (PRNewswire)
  • Tencent’s (HKEx: 700) Guangdiantong Unveils WeChat Public Account Ad Product (English article)
  • Suning (Shenzhen: 002024) Sets Up Transport Services Headquarters (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 14, 2014

The following press releases and media reports about Chinese companies were carried on February 14. To view a full article or story, click on the link next to the headline.
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News Digest: February 13, 2014

The following press releases and media reports about Chinese companies were carried on February 13. To view a full article or story, click on the link next to the headline.
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  • McDonalds (NYSE: MCD) Eases Permissioning Process For Shanghai, Other Big Cities (Chinese article)
  • Wangfujing Department Store, Tencent (HKEx: 700) Partner on WeChat Payment (English article)
  • Canadian Solar (Nasdaq: CSIQ) Prices Offerings of 2.78 Mln Shares, $130 Mln Convertible Notes (PRNewswire)
  • Ctrip (Nasdaq: CTRP) Reports Unaudited Q4, Full Year 2013 Results (PRNewswire)
  • Danone (Paris: DANO) To Raise Stake In Mengniu (HKEx: 2319) For $665 Mln (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 12, 2014

The following press releases and media reports about Chinese companies were carried on February 12. To view a full article or story, click on the link next to the headline.
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  • Bright Food Plan Advances To Buy Israel’s Tnuva For Up To 14 Bln Yuan (Chinese article)
  • Canadian Solar (Nasdaq: CSIQ) Offers 2.6 Mln Shares, $100 Mln Convertible Notes (PRNewswire)
  • Starbucks (Nasdaq: SBUX) Confirms Use Of Chemical Food Additive In China (English article)
  • Alibaba To Launch US E-commerce Website (English article)
  • Vancl Raises $100 Mln, With Xiaomi Co-Founder Lei Jun As Lead Investor (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 11, 2014

The following press releases and media reports about Chinese companies were carried on February 11. To view a full article or story, click on the link next to the headline.
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  • Alibaba Offers $1.6 Bln For Digital Mapping Firm AutoNavi (Nasdaq: AMAP) (English article)
  • China’s Dongfeng (HKEx: 489) Says Held Talks With Peugeot, No Deal Yet (English article)
  • Sohu (Nasdaq: SOHU) Reports Q4, Fiscal Year 2013 Financial Results (PRNewswire)
  • Industry Group Submits Qualcomm (Nasdaq: QCOM) Monopoly Report to NDRC (English article)
  • Suntech (NYSE: STPFQ) Updates On Recovery Action Taken By Liquidator Of PSS (PRNewswire)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 8-10, 2014

The following press releases and media reports about Chinese companies were carried on February 8-10. To view a full article or story, click on the link next to the headline.
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  • Alcatel (Paris: ALUA) In Talks To Sell Phone Unit To Chinese Investment Firm Huaxin (English article)
  • MIIT Says New VNOs Banned From Building Telecoms Infrastructure (Chinese article)
  • Suning (Shenzhen: 002024) Obtains Overseas Courier License (English article)
  • China To Extend Subsidies On Electric Cars Past 2015 (English article)
  • Google To Own $750 Mln Lenovo (HKEx: 992) Stake After Motorola Deal Closes (English article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: February 2-7, 2014

The following press releases and media reports about Chinese companies were carried on February 2-7. To view a full article or story, click on the link next to the headline.
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  • Alibaba Rival JD.com Files For US Listing (English article)
  • Sony (Tokyo: 6753), Lenovo (HKEx: 992) Mull Vaio JV: Report (English article)
  • Non-U.S. Companies Raise $10.5 Bln Through Depositary Receipts in 2013 (Businesswire)
  • KFC Parent Yum (NYSE: YUM) Says No Bird Flu Hit To China Sales (English article)
  • Suntech (OTC: STPFQ) Reaches Agreement Related To Chapter 7 Bankruptcy (PRNewswire)
  • Gree (Shenzhen: 000651) Expands Dehumidifier Recall To More Models Sold In US, Canada (Businesswire)

News Digest: January 24, 2014

The following press releases and media reports about Chinese companies were carried on January 24. To view a full article or story, click on the link next to the headline.
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  • Lenovo (HKEx: 992) To Buy IBM’s (NYSE: IBM) Low-End Server Unit For $2.3 Bln (English article)
  • US Probes New Dumping Complaints On China Solar Products (English article)
  • Baidu (Nasdaq: BIDU), Jingdong Establish Hardware Developer Open Platform (English article)
  • Huawei Buying From Europe Totals $3.4 Bln In 2014, Cooperation To Continue (Chinese article)
  • LDK Solar (NYSE: LDK), Noteholders Enter Further Forbearance Arrangement (PRNewswire)