News Digest

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

News Digest: January 23, 2014

The following press releases and media reports about Chinese companies were carried on January 23. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) Lowers Prices For Home Broadband Users (Chinese article)
  • Online Travel Agent Tuniu To Raise $100 Mln In New York IPO – Source (Chinese article)
  • Fosun Group, Prudential Financial (NYSE: PRU) Expand Partnership In China (Businesswire)
  • Nu Skin (NYSE: NUS) Issues Apology, Takes Corrective Steps In China (Chinese article)
  • Wanda Hotels And Resorts Holds Its First Brand Ceremony (PRNewswire)

News Digest: January 22, 2014

The following press releases and media reports about Chinese companies were carried on January 22. To view a full article or story, click on the link next to the headline.
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  • Tiger Global Snaps Up Alibaba Shares At Lofty Valuation (English article)
  • Qihoo 360 (NYSE: QIHU) Announces Resignation Of 2 Board Members (PRNewswire)
  • Shuanghui International Changes Name To WH Group (Businesswire)
  • New Oriental (NYSE: EDU) Announces Unaudited Fiscal Q2 Results (PRNewswire)
  • Citic Securities (HKEx: 6030) Gives Preliminary Financial Data For 2013 (HKEx announcement)

News Digest: January 21, 2014

The following press releases and media reports about Chinese companies were carried on January 21. To view a full article or story, click on the link next to the headline.
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  • Lenovo (HKEx: 992) Still Aims To Buy IBM (NYSE: IBM) Low-End Server Unit (Chinese article)
  • ZTE (HKEx: 763) Announces Preliminary Results For Year 2013 (HKEx announcement)
  • Peugeot Moves Closer To Dongfeng (HKEx: 489) Deal As Sales Sag (English article)
  • CNOOC (HKEx: 883) Announces 2014 Business Strategy, Development Plan (PRNewswire)
  • Game Operator Linekong Lands $80 Mln In Series C Funding (English article)

News Digest: January 18-20, 2013

The following press releases and media reports about Chinese companies were carried on January 18-20. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) 4G iPhones Go On Sale, Pricing Plans Announced (Chinese article)
  • Qihoo 360 (NYSE: QIHU) Raises 2014 Search Market Share Target to 35 Pct (English article)
  • First China Firm To List Since 2012 Soars In Debut On Pent-Up Demand (English article)
  • 6 Shenzhen Airlines Managers Sentenced For Misappropriating 2 Bln Yuan (Chinese article)
  • Tesla (Nasdaq: TSLA) Says Trademark Dispute Won’t Affect China Development (Chinese article)

News Digest: January 17, 2014

The following press releases and media reports about Chinese companies were carried on January 17. To view a full article or story, click on the link next to the headline.
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  • China’s Nu Skin (NYSE: NUS) Probe Drags Down Herbalife, USANA Too (English article)
  • Xiaomi to Invest in Video Sharing Site Xunlei – Source (English article)
  • China Microblog Users Fall By 28 Mln, Or 9 Pct, In 2013 (Chinese article)
  • Shanghai Disneyland (NYSE: DIS) Starts Recruiting For 2015 Park Opening (Chinese article)
  • Jingdong Plans IPO In Second Half Of 2014 To Raise $2 Bln – Source (Chinese article)

News Digest: January 16, 2014

The following press releases and media reports about Chinese companies were carried on January 16. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) Announces iPhone Plans, 16G Model For 5488 Yuan (Chinese article)
  • Tencent (HKEx: 700) To Pay HK$1.5 Bln For China South City (HKEx: 1668) Stake (Chinese article)
  • AsiaInfo-Linkage (Nasdaq: ASIA) Announces Completion of Merger (PRNewswire)
  • Huawei Estimates Operating Profit Rose Over 40 Pct Last Year (English article)
  • Former Nuomi Head Named As LinkedIn (NYSE: LNKD) China President (Chinese article)

News Digest: January 15, 2014

The following press releases and media reports about Chinese companies were carried on January 15. To view a full article or story, click on the link next to the headline.
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  • L’Oreal Gets Greenlight To Buy Chinese Skincare Company Magic (HKEx: 1633) (English article)
  • China’s Bright Food To Buy Australian Dairy Firm Mundella (English article)
  • Unicom (HKEx: 762) Releases WeChat SIM In Jiangsu, Zhejiang, Shaanxi (English article)
  • Former China Mobile (HKEx: 941) Guangdong Chmn Leaves Party For Violations (Chinese article)
  • Wanzhong Group Buying Site Closes Down (Chinese article)

News Digest: January 14, 2014

The following press releases and media reports about Chinese companies were carried on January 14. To view a full article or story, click on the link next to the headline.
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  • China Mobile (HKEx: 941) Announces 4G Packages (Chinese article)
  • Gome (HKEx: 493) To Close 50 Stores, In Talks With Wumart (HKEx: 1025) (Chinese article)
  • App Store Operator Wandoujia Secures $120 Mln Funding From Softbank (English article)
  • Mindray (NYSE: MR) Gives Preliminary 2013 Results, 2014 Revenue Guidance (PRNewswire)
  • Midea (Shenzhen: 000333) Applies For Banking License (Chinese article)

News Digest: January 11-13, 2014

The following press releases and media reports about Chinese companies were carried on January 11-13. To view a full article or story, click on the link next to the headline.
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  • China’s Fosun (HKEx: 656) Picked To Buy Portugal Insurer In Privatization (English article)
  • VNO Users To Reach 50 Mln In 2015 – Regulator (English article)
  • US Judge Opens Way For China’s Wanxiang Bid For Fisker (English article)
  • Xiaomi To Roll Out Super Low-Cost 300 Yuan Smartphone In 2014 – Report (Chinese article)
  • WuXi PharmaTech (NYSE: WX) Updates 2013 Financial Guidance (PRNewswire)

News Digest: January 9, 2014

The following press releases and media reports about Chinese companies were carried on January 9. 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 Qihoo 360 (NYSE: QIHU) – Sources (English article)
  • Youku Tudou, China Mobile Video Contest Generates More Than 100 Mln Yuan (PRNewswire)
  • US Pressures South Korean Telcos To End Huawei Cooperation (Chinese article)
  • ZTE (HKEx: 763) Names New Global Head of Mobile Devices, Amid Consumer Focus (Businesswire)
  • Coolpad Rolls Out Online Phone Brand, Targets 10 Bln Yuan In First Year Sales (Chinese article)

News Digest: January 8, 2014

The following press releases and media reports about Chinese companies were carried on January 8. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) In Talks To Invest In Jingdong – Source (English article)
  • Yingli (NYSE: YGE), China National Nuclear Corp In Solar Projects JV (PRNewswire)
  • Lenovo (HKEx: 992) To Gradually Enter US Smartphone Market – Americas Chief (Chinese article)
  • Alibaba, Suning Chances Good For 1st Round Of Private Bank Licenses (Chinese article)
  • China Suspends Ban On Video Game Consoles After More Than A Decade (English article)