News Digest

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

News Digest: July 11, 2013

The following press releases and media reports about Chinese companies were carried on July 11. To view a full article or story, click on the link next to the headline.
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  • Lenovo’s (HKEx: 992) Eedoo Sold to Unnamed Software Company – Source (English article)
  • Tencent (HKEx: 700) In Talks To Buy Ctrip (Nasdaq: CTRP) Stake – Source (Chinese article)
  • Social E-Commerce Firm The Fancy Raises $53 Mln (Chinese article)
  • Smithfield (NYSE: SFD) CEO faces Senate heat over sale to China (English article)
  • Qihoo 360 (NYSE: QIHU) Protects Against Android Vulnerability (PRNewswire)

News Digest: July 10, 2013

The following press releases and media reports about Chinese companies were carried on July 10. To view a full article or story, click on the link next to the headline.
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  • Didi Dache, Kuaidi Dache to Form Equity Partnership – Reports (English article)
  • China’s CSRC Hands Over First Batch of Audit Documents To US Regulator (Chinese article)
  • Alibaba to Issue Loan-Backed Securities on Shenzhen Exchange (English article)
  • Abbott Cuts China Infant Formula Prices Up to 12 Pct Amid Probe (English article)
  • Unicom (HKEx: 762) Issues 15 Bln Yuan In Bonds (Chinese article)

News Digest: July 9, 2013

The following press releases and media reports about Chinese companies were carried on July 9. To view a full article or story, click on the link next to the headline.
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  • Ping An (HKEx: 2318) Of China Said To Buy Lloyd’s Of London Building (English article)
  • BMW (Frankfurt: BMWG) Extends Sales Lead Over German Rivals in June (English article)
  • ICBC (HKEx: 1398) Beats Bank of America on List Of 1,000 Top Global Banks (Chinese article)
  • Netease (Nasdaq: NTES) Licenses Blizzard’s “Hearthstone: Heroes of Warcraft” (English article)
  • China’s Yili (Shanghai: 600887) Partners with No.1 US Dairy Producer (English article)

News Digst: July 6-8

The following press releases and media reports about Chinese companies were carried on July 6-8. To view a full article or story, click on the link next to the headline.
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  • EU, China Close In On Solar Panel Deal (English article)
  • 7 Days Group (NYSE: SVN) Announces Completion of Privatization (PRNewswire)
  • Tencent’s (HKEx: 700) WeChat Racks Up 70 Million Users Abroad (English article)
  • China Probes Tetra Pak “Dominance”: State Media (English article)
  • Shanda Cloudary Sells 20 Pct To Goldman, Value Drops To $600 Mln (Chinese article)

News Digest: July 5, 2013

The following press releases and media reports about Chinese companies were carried on July 5. To view a full article or story, click on the link next to the headline.
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  • China Probes Pricing At Drugmakers Including GSK, Merck (English article)
  • China Merchants Bank (HKEx: 3968) Sets Up Online Branch On WeChat (Chinese article)
  • HKEx Approves AgBank (HKEx: 1288) To Issue $5 Bln In Medium-Term Notes (HKEx announcement)
  • Qihoo (NYSE: QIHU), Sogou Increase Search Traffic Share in June (English article)
  • Beijing Praises Baby Formula Brands for Price Reduction (English article)

News Digest: July 4, 2013

The following press releases and media reports about Chinese companies were carried on July 4. To view a full article or story, click on the link next to the headline.
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  • GM (NYSE: GM) China Sales Accelerate on Higher Demand for Cadillac (English article)
  • Huawei Says Hopes European Rivals Become Big Suppliers For China 4G (Chinese article)
  • WeChat 5.0 to Overhaul Public Accounts, Add Payment Features (English article)
  • LeTV’s (Shenzhen: 300104) First Batch Of Super TVs Sells Out In 49 Minutes (Chinese article)
  • Li Ning (HKEx: 2331) Seeks to Revive Brand With NBA Superstar Dwyane Wade

News Digest: July 3, 2013

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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  • China Investigates Danone, Nestle on Milk-Powder Pricing (English article)
  • Japanese Car Sales in China Decline for Fourth Quarter (English article)
  • Trina Solar (NYSE: TSL) To Redeem Outstanding Notes Due 2013 (PRNewswire)
  • Spreadtrum (Nasdaq: SPRD) Board Selects Advisor On Tsinghua Offer (PRNewswire)
  • Qihoo (NYSE: QIHU) a Winner in China Mobile Wars, Citigroup Says (English article)

News Digest: July 2, 2013

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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  • Sohu’s (Nasdaq: SOHU) Sogou May Announce M&A Details in July – Report (English article)
  • China Formally Launches EU Wine Probe In Latest Trade Spat (English article)
  • Apple (Nasdaq: AAPL) to Raise Minimum China App Price To 8 Yuan (English article)
  • Peugeot (Paris: PEUP) Opens 3rd China Plant As Europe Sales Slide (English article)
  • Former Top Nokia Exec Becomes Huawei VP For End User Products (Chinese article)

News Digest: June 29-July 1

The following press releases and media reports about Chinese companies were carried on June 29-July 1. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700), eBay (Nasdaq: EBAY) To Launch JV Site – Source (English article)
  • Temasek Increases Stake In China’s ICBC (HKEx: 1398) (English article)
  • Legend Group’s 2012 Profit Rises 30 Pct To 1.7 Bln Yuan (Chinese article)
  • Suntech (NYSE: STP) In New Forbearance Agreement with 3 Pct Note Holders (PRNewswire)
  • Renren (RENN) Announces New $100 Mln Share Repurchase Plan (PRNewswire)

News Digest: June 28, 2013

The following press releases and media reports about Chinese companies were carried on June 28. To view a full article or story, click on the link next to the headline.
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  • BMW (Frankfurt: BMWG): Breakneck Growth in China Is Over (English article)
  • US Lawmakers To Examine Smithfield (NYSE: SFD)-Shuanghui Deal (English article)
  • High inventories At Leading Smartphone Vendors May Cause Price War (English article)
  • Datang Telecom (Shanghai: 600198) To Acquire Gaming Firm Yaowan (English article)
  • Suning.com (Shenzhen: 002024) To Test Electronic Receipts in August (English article)

News Digest: June 27, 2013

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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  • ZTE (HKEx: 763) Sees Return To Profits Amid 4G Build-Out – Official (Chinese article)
  • China Unicom (HKEx: 762) Tests Integrated FDD/TD-LTE Network – Manager (English article)
  • Zoomlion (HKEx: 1157) Confirms Investment By Sany Companies (Chinese article)
  • 7 Days Group (NYSE: SVN) Shareholders Approve Merger Agreement (PRNewswire)
  • ICBC (HKEx: 1398) Says Happy To Help, Hopes For Clearer Policy Signals (English article)