News Digest

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

News Digest: October 24, 2013

The following press releases and media reports about Chinese companies were carried on October 24. To view a full article or story, click on the link next to the headline.
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  • Samsung (Seoul: 005930) Apologizes To Chinese Consumers For Faulty Phones (Chinese article)
  • Chinese Lottery Leader 500.com Files for US IPO (English article)
  • HNA Group Completes Acquisition of GE Capital’s TIP Trailer Services Group (Businesswire)
  • Alibaba’s TMall Announces Same-Day Delivery Service (English article)
  • New Oriental (NYSE: EDU) Announces Unaudited Quarterly Results (PRNewswire)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: October 23, 2013

The following press releases and media reports about Chinese companies were carried on October 23. To view a full article or story, click on the link next to the headline.
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News Digest: October 22, 2013

The following press releases and media reports about Chinese companies were carried on October 22. To view a full article or story, click on the link next to the headline.
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  • Starbucks (Nasdaq: SBUX) Under Media Fire In China For High Prices (English article)
  • China Mobile (HKEx: 941) Reports Q3 Results (HKEx announcement)
  • US Stock Exchanges Accept Alibaba Partnership Structure, HK Still Possible (Chinese article)
  • Xiaomi Smart TV Campaign Cited By Some As Fraudulent Panic Buying (Chinese article)
  • Dangdang (NYSE: DANG) Announces Unaudited Preliminary Q3 Results (PRNewswire)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: October 18, 2013

The following press releases and media reports about Chinese companies were carried on October 18. To view a full article or story, click on the link next to the headline.
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  • Corruption Watchdog Slams Chinese Firms’ Lack Of Transparency (English article)
  • Blackstone Raises Bid For Pactera (Nasdaq: PACT) To $7.30 Per ADS From $7 (PRNewswire)
  • Ex-Google (Nasdaq: GOOG) China Chief Lee Kai-fu Under Propagandist Attack (English article)
  • Geely (HKEx: 175) Announces Relocation Of 2 Car Plants Due To Urban Redevelopment (HKEx announcement)
  • Qihoo 360 (NYSE: QIHU) Sues Baidu (Nasdaq: BIDU) For Unfair Competition (English article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: October 17, 2013

The following press releases and media reports about Chinese companies were carried on October 17. To view a full article or story, click on the link next to the headline.
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  • PetroChina’s (HKEx: 857) Former Indonesia Chief Under Investigation – Sources (English article)
  • Yahoo (Nasdaq: YHOO) Reduces Planned Stake Sales To Alibaba On Strong Outlook (English article)
  • Baidu (Nasdaq: BIDU) In Talks To Acquire Ku6 (Nasdaq: KUTV), 56.com – Source (English article)
  • NQ Mobile (NYSE: NQ) Completes $172.5 Mln Convertible Senior Notes Offer (PRNewswire)
  • ZTE (HKEx: 763) Wins Highest EPC Share of China Telecom LTE Tender (Businesswire)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: October 16, 2013

The following press releases and media reports about Chinese companies were carried on October 16. To view a full article or story, click on the link next to the headline.
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News Digest: October 15, 2013

The following press releases and media reports about Chinese companies were carried on October 15. To view a full article or story, click on the link next to the headline.
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  • Vancl In Arrears To Suppliers, Owes Li Ning (HKEx: 2331) More Than 10 Mln Yuan (Chinese article)
  • Baidu (Nasdaq: BIDU) to Acquire Perfect World Literature Unit – Source (English article)
  • Huawei Hires Former EU Ambassador to China (English article)
  • GM-Peugeot Setbacks Set Scene For Dongfeng (HKEx: 489) Deal Push (English article)
  • After Weeks of Deliberation, China Okays ‘Gravity’ for Theaters (English article)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: October 12-14

The following press releases and media reports about Chinese companies were carried on October 12-14. To view a full article or story, click on the link next to the headline.
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  • China Telecom (HKEx: 728), Unicom (HKEx: 762) Get FDD-LTE Spectrum Allocations (English article)
  • Youku Tudou (NYSE: YOKU) Sues Xiaomi For Copyright Infringement (Chinese article)
  • Tencent (HKEx: 700) To Begin WeChat Public Account Monetization – Source (English article)
  • Huawei Won’t Consider IPO For At Least 5 Years – Board Member (Chinese article)
  • Suntech (NYSE: STP) Announces Updates on GSF Assets in Brindisi, Italy (PRNewswire)
  • Latest calendar for Q3 earnings reports (Earnings calendar)

News Digest: October 11, 2013

The following press releases and media reports about Chinese companies were carried on October 11. To view a full article or story, click on the link next to the headline.
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  • Alibaba Gives Up Plan For Hong Kong Listing – CEO (Chinese article)
  • Suning (Shenzhen: 002024) Wins Fund License, Prepares To Roll Out Product (Chinese article)
  • China Mobile (HKEx: 941) Quits Race For Pakistan Telco Warid (English article)
  • Tencent (HKEx: 700) Targets 2 Bln Yuan In 2013 Mobile Gaming Revenue (English article)
  • Ctrip (Nasdaq: CTRP) Prices Offering of $700 Mln Convertible Senior Notes (PRNewswire)

News Digest: October 10, 2013

The following press releases and media reports about Chinese companies were carried on October 10. To view a full article or story, click on the link next to the headline.
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  • Lenovo (HKEx: 992) In Talks To Acquire HTC (Taipei: 2498) – Report (English article)
  • Ctrip (Nasdaq: CTRP) Announces Proposed Offer Of $500 Mln Convertible Notes (PRNewswire)
  • Shunfeng (HKEx: 1165) Named Suntech (NYSE: STP) Strategic Investor (English article)
  • ZTE, Huawei Take 60 Pct of China Telecom (HKEx: 728) 4G Tender – Source (English article)
  • Apple (Nasdaq: AAPL) Hires TD-LTE Chief Engineer As China Mobile Deal Nears (Chinese article)
  • Yingli (NYSE: YGE) Responds to Energy Conversion Devices’ Antitrust Suit (PRNewswire)

News Digest: October 9, 2013

The following press releases and media reports about Chinese companies were carried on October 9. To view a full article or story, click on the link next to the headline.
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  • Yum (NYSE: YUM) Warns China Sales Unlikely To Rise In Q4 (English article)
  • 58.com Turns Profitable Before IPO As Advertising Expenses Fall (Chinese article)
  • Qihoo 360 (NYSE: QIHU), Sogou Search Traffic Share Up in September (English article)
  • Ford (NYSE: F) Comes From Behind In China To Stun Japanese Rivals (English article)
  • AgBank (HKEx: 1288) Gets Approval For Frankfurt Branch (HKEx announcement)