News Digest

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

News Digest, May 24, 2013

The following press releases and media reports about Chinese companies were carried on May 24. To view a full article or story, click on the link next to the headline.
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  • LightInTheBox Sets IPO Price Range, To Raise Up to $87 Mln (Chinese article)
  • Lenovo (HKEx: 992) Announces Results For Fiscal Q4 (HKEx announcement)
  • Softbank Says Won’t Use Huawei Equipment After Sprint (NYSE: S) Buy (Chinese article)
  • Sohu (Nasdaq: SOHU) Talks To Buy PPTV Collapse Over Price (Chinese article)
  • Levono (HKEx: 992), Jingdong Partner on 3C Service and Maintenance (English article)

News Digest: May 23, 2013

The following press releases and media reports about Chinese companies were carried on May 23. To view a full article or story, click on the link next to the headline.
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  • Galaxy Securities (HKEx: 6881) Soars 11 Pct In Debut After $1.1 Bln HK IPO (English article)
  • Sovereign Funds, China Construction Bank (HKEx: 939) Buy Into Russia’s VTB (English article)
  • Qihoo 360 (NYSE: QIHU) Partners with Etao to Introduce Shopping Search (English article)
  • Shanda Games (Nasdaq: GAME) Reports Q1 Unaudited Results (PRNewswire)
  • Pactera (Nasdaq: PACT) Board Forms Privatization Plan Review Committee (PRNewswire)

News Digest: May 22, 2013

The following press releases and media reports about Chinese companies were carried on May 22. To view a full article or story, click on the link next to the headline.
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  • China’s MIIT to Issue TD-LTE Licenses to All 3 Telcos – Source (English article)
  • Temasek Buys 280 Mln ICBC (HKEx: 939) Shares, Owns 7.04 Pct of Bank (Chinese article)
  • No ‘Active’ US-EU-China Solar Talks Under Way: USTR (English article)
  • Bob Lutz, Chinese In Bid To Buy Fisker Automotive – Sources(English article)
  • Yingli Green Energy (NYSE: YGE) Announces Preliminary Q1 Results (PRNewswire)

News Digest: May 21, 2013

The following press releases and media reports about Chinese companies were carried on May 21. To view a full article or story, click on the link next to the headline.
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  • Goldman Exits China’s ICBC (HKEx: 939), 7 Years And Billions Later (English article)
  • SMG’s BesTV (Shanghai: 600637), CCTV’s CNTV Establish IPTV JV (English article)
  • Pactera (Nasdaq: PACT) Announces Privatization Proposal at US$7.50 Per ADS (PRNewswire)
  • France’s Danone Takes 2nd Chance With China Mengniu (HKEx: 2319) (English article)
  • Virtual Network Operator Licenses To Be Issued in October (Chinese article)

News Digest: May 18-20, 2013

The following press releases and media reports about Chinese companies were carried on May 18-20. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) Acquires Sohu’s (Nasdaq: SOHU) Sogou – Source (English article)
  • Qihoo 360 (NYSE: QIHU) Reports Q1 Results (PRNewswire)
  • BYD (HKEx: 1211) Supplies Hong Kong With First Electric Taxis (Businesswire)
  • European Union To Fine Indian, Chinese Airlines Over Emissions (English article)
  • Sinopec Engineering, Galaxy Securities Raised over $1Bln Each in IPO (English article)

News Digest: May 17, 2013

The following press releases and media reports about Chinese companies were carried on May 17. To view a full article or story, click on the link next to the headline.
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News Digest: May 16, 2013

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

The following press releases and media reports about Chinese companies were carried on May 15. To view a full article or story, click on the link next to the headline.
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  • EU To Warn China It May Levy Duties Against Huawei – Sources (English article)
  • Dongfeng Motor (HKEx: 489) Acquires 40 Pct of Fujian Motor (Chinese article)
  • Trina Solar (NYSE: TSL) Announces Updates to Q1 Guidance (PRNewswire)
  • Xiaomi to Release Notebook – Source (English article)
  • Phoenix New Media (NYSE: FENG) Reports Q1 Financial Results (PRNewswire)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 14, 2013

The following press releases and media reports about Chinese companies were carried on May 14. To view a full article or story, click on the link next to the headline.
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  • AsiaInfo-Linkage (Nasdaq: ASIA) To be Acquired CITIC Capital Consortium (PRNewswire)
  • Jingdong Expects Profitability in Next 7-12 Months (English article)
  • Renren (NYSE: RENN) Shuts Down Mobile Projects – Source (English article)
  • Home Inns (Nasdaq: HMIN) Reports Q1 Financial Results (PRNewswire)
  • Haier Integrated Wins Suit Against Microchip Tech (Nasdaq: MCHP) (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 11-13

The following press releases and media reports about Chinese companies were carried on May 11-13. To view a full article or story, click on the link next to the headline.
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  • Alibaba To Invest $294 Mln In Mapping Firm AutoNavi (Nasdaq: AMAP) (English article)
  • Hyundai Motor (Seoul: 005380) Mulls 4th China Plant: Vice Chmn (English article)
  • CSRC Approves Citic Securities (HKEx: 6030) To Issue 20 Bln Yuan in Bonds (HKEx announcement)
  • Apple (Nasdaq: AAPL) Building 4th Retail Store in Beijing – Source (English article)
  • Yum (NYSE: YUM) April Same-Store Sales Fall 29 Pct in China (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 9, 2013

The following press releases and media reports about Chinese companies were carried on May 9. To view a full article or story, click on the link next to the headline.
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  • EU Agrees To China Solar Panel Duties In Boldest Move Yet (English article)
  • Sohu (Nasdaq: SOHU) Puts Sogou Search Up For Sale – Source (Chinese article)
  • SouFun (NYSE: SFUN) Announces Q1 Results (PRNewswire)
  • Mengniu (HKEx: 2319) Increases Holding in China Modern Dairy (HKEx: 1117) (Businesswire)
  • China Mobile (HKEx: 941) To Receive First 4G License In Oct – Source (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)