News Digest

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

News Digest: August 14, 2013

The following press releases and media reports about Chinese companies were carried on August 14. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) In Talks To Acquire Nuomi, Ding Ding Map (English article)
  • UPS (NYSE: UPS) Expands Logistics Reach To Meet Emerging Demand in China (Businesswire)
  • Simcere Pharmaceutical (NYSE: SCR) Reports Q2 Results (PRNewswire)
  • Whirlpool (NYSE: WHR) Buys 51 Pct Of China Appliance Maker (English article)
  • China Merchants Bank (HKEx: 3968) To Raise 35 Bln Yuan In Rights Offer (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 13, 2013

The following press releases and media reports about Chinese companies were carried on August 13. To view a full article or story, click on the link next to the headline.
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  • Sina (Nasdaq: SINA) Reports Q2 Financial Results (PRNewswire)
  • ZTE (HKEx: 763) To Sell ZTE Open Firefox OS Phone on eBay US and UK (Businesswire)
  • Alibaba’s Taobao Bans Externally Linked QR Codes (English article)
  • 500wan.com Chooses Deutsche Bank, Stifel For $150 Mln New York IPO (Chinese article)
  • Yum’s (NYSE :YUM) July China Restaurant Sales Drop More Than Expected (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 10-12

The following press releases and media reports about Chinese companies were carried on August 10-12. To view a full article or story, click on the link next to the headline.
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  • After 9 Years, Tesco (London: TSCO) Gives Up On Cracking China Alone (English article)
  • China To Let Banks Sell Off Loans In Prelude To Possible Bailout (English article)
  • China’s Largest Investment Bank CICC In Early Step Towards IPO – Report (English article)
  • Xiaomi Raises 2013 Handset Sales Projection to 20 Mln Units (English article)
  • Samsung Leads China Smartphone Market, Apple Drops out of Top 5 (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 9, 2013

The following press releases and media reports about Chinese companies were carried on August 9. To view a full article or story, click on the link next to the headline.
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  • Trina (NYSE: TSL), Yingli (NYSE: YGE) Among Bidders For Suntech – Source (Chinese article)
  • Canadian Solar (Nasdaq: CSIQ) Reports Q2 Results (PRNewswire)
  • Tencent’s (HKEx: 700) 51Buy Adds Delivery Tracking Feature to Mobile App (English article)
  • Youku Tudou Announces Q2 Financial Results (PRNewswire)
  • Sanofi (Paris: SAN) Says Taking China Bribery Claim ‘Seriously’ (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 8, 2013

The following press releases and media reports about Chinese companies were carried on August 8. To view a full article or story, click on the link next to the headline.
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  • China Fines Milk Powder Makers $110 Mln For Price Fixing (English article)
  • Former Alibaba Manager Yan Limin Sentenced To 7 Years For Accepting Bribes (Chinese article)
  • China’s H1 Average Monthly Mobile Data Use Hits 123 MB Per User (English article)
  • Suntech (NYSE: STP) Regains Minimum Share Price Listing Requirement (PRNewswire)
  • AsiaInfo-Linkage (Nasdaq: ASIA) Reports Unaudited Q2 Results (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 7, 2013

The following press releases and media reports about Chinese companies were carried on August 7. To view a full article or story, click on the link next to the headline.
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  • Mead Johnson (NYSE: MJN) Announces China Probe Resolution, Fined $33 Mln (Businesswire)
  • Lacoste Launches Online Business in China (Businesswire)
  • China Steps Up Internet Financial Sector Oversight (English article)
  • Tencent (HKEx: 700) WeChat-Customized Wo SIM Pre-Orders Exceed 1 Mln (English article)
  • Spreadtrum (Nasdaq: SPRD) Announces Q2 Financial Results (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 6, 2013

The following press releases and media reports about Chinese companies were carried on August 6. To view a full article or story, click on the link next to the headline.
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  • Fonterra CEO Apologizes, Sees China Dairy Curbs Lifted Within Days (English article)
  • Tencent’s (HKEx: 700) WeChat v5.0 Adds Game Center, In-App Payment (English article)
  • Concord Green Energy to Buy 5 Solar Plants from Canadian Solar (Nasdaq: CSIQ) (PRNewswire)
  • Huawei To Open London Office To Manage Global Finances (English article)
  • Mindray (NYSE: MR) Announces Q2 Financial Results (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 3-5

The following press releases and media reports about Chinese companies were carried on August 3-5. To view a full article or story, click on the link next to the headline.
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  • GM (NYSE: GM) Splits China From International Unit, Hires Former Volvo CEO (English article)
  • China Starts Website To Refute Rumors As Scrutiny Grows (English article)
  • Qihoo 360 (NYSE: QIHU) Provides Search Results for NetEase’s Youdao (English article)
  • EU Signs Off On China Solar Deal, No State Votes Against (English article)
  • Newest Edition Of WeChat 5.0 Rejected By Apple App Store – Source (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 2, 2013

The following press releases and media reports about Chinese companies were carried on August 2. To view a full article or story, click on the link next to the headline.
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  • Fund House ChinaAMC Launches Service On Tencent (HKEx: 700) WeChat (Chinese article)
  • Youku Tudou (NYSE: YOKU) To Enter Internet TV Arena – Reports (English article)
  • Online Marketplace 58.com Plans NY IPO This Year To Raise Up To $100 Mln (Chinese article)
  • Toyota (Tokyo: 7203) Expects To Meet China Sales Target Despite July Slip (English article)
  • ZTE Wins 5 Pct Of Global Smartphone Market In Q2 (Businesswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: August 1, 2013

The following press releases and media reports about Chinese companies were carried on August 1. To view a full article or story, click on the link next to the headline.
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  • Alibaba On Cusp Of PPTV Stake Acqusition (Chinese article)
  • Baidu (Nasdaq: BIDU) Announces Pricing of $1 Bln Notes Offering (PRNewswire)
  • Telstra (Sydney: TLS) To Acquire Pacific Online (HKEx: 543) – Sources (English article)
  • Ctrip (Nasdaq: CTRP) Reports Q2 Financial Results (PRNewswire)
  • Xiaomi Announces Hongmi Low-End Smartphone, To Sell For 799 Yuan (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 31, 2013

The following press releases and media reports about Chinese companies were carried on July 31. To view a full article or story, click on the link next to the headline.
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  • Apple (Nasdaq: AAPL) CEO Cook Visits China Telcos As iPhone Sales Drop (Chinese article)
  • Sina (Nasdaq: SINA) Weibo, Alibaba to Launch Social E-Commerce Platform (English article)
  • Suntech (NYSE: STP) Adds 2 New Board Members (PRNewswire)
  • Glaxo (London: GSK) Sacks 100 Chinese Sales Reps in Bribery Case (English article)
  • Huace Film (Shenzhen: 300133) To Buy Croton Media for 1.65 Bln Yuan (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)