The following press releases and media reports about Chinese companies were carried on April 2. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
Apple (Nasdaq: AAPL) CEO Cook Apologizes For After-Sales Service Lapses (Chinese article)
The following press releases and media reports about Chinese companies were carried on March 29. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
The following press releases and media reports about Chinese companies were carried on March 27. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
Chinese Banks’ Bad Loan Ratios Shrink as Defaults Averted (English article)
Bank of China (HKEx: 3988) Announces Annual 2012 Results (HKEx announcement)
LDK Solar (NYSE: LDK) Announces Second Sale of Shares to Fulai Investments (PRNewswire)
Sina (Nasdaq: SINA) Microblog Tests E-Commerce Ad Product – Source (English article)
Jingdong Mall To Enter B2B E-Commcerce Business – CEO (Chinese article)
The following press releases and media reports about Chinese companies were carried on March 26. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
Sinopec (HKEx: 386) To Pay $1.5 Bln For Parent’s Oil, Gas Assets (English article)
SMIC (HKEx: 981) Announces Further Delays To Planned Hubei Chip JV (HKEx announcement)
E-House (NYSE: EJ) Announces Completion of New Share Issuance to Management (PRNewswire)
Beijing Unicom (HKEx: 762) Tracks Customer WeChat Mobile Data Use (English article)
Focus Media (Nasdaq: FMCN) Reports Q4 And Full Year 2012 Results (PRNewswire)
The following press releases and media reports about Chinese companies were carried on March 22. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
The following press releases and media reports about Chinese companies were carried on March 21. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
Suntech Power Holdings (NYSE: STP) Announces Petition of Insolvency (PRNewswire)
Tencent (HKEx: 700) Announces Q4 And Full Year Results (HKEx announcement)
Jack Ma: Alibaba Lags Tencent in Mobile, To Expand Business Via Acquisitions (Chinese article)
The following press releases and media reports about Chinese companies were carried on March 20. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
ZTE (HKEx: 763) Official Detained in Mongolia For Bribery – Source (Chinese article)
MIIT Data Show SMS Being Challenged By Tencent’s (HKEx: 700) WeChat (Chinese article)
Microsoft (Nasdaq: MSFT) Launches Flagship Online Store on Tmall.com In China (Businesswire)
An increasingly assertive CCTV has turned its spotlight on some of world’s biggest brands as part of its annual consumer rights program, saving its biggest ammunition for the world’s easiest target: electronics giant Apple (Nasdaq: AAPL). I have to admit that I’m not particularly sympathetic to the highly secretive Apple, which appeals to Chinese consumers by catering to their fondness for famous brands with a certain snob appeal. But at the same time, I do have to say that Apple seems to come under an unusually high degree of scrutiny in China, and most often makes headlines for just about any negative news associated with the company and its partners.
New developments have come rapidly over the past week at Suntech (NYSE: STP), leaving the former solar superstar on the brink of collapse as its founder Shi Zhengrong blocks a potential government rescue. Shi’s exit is believed to be a main condition for the government bailout, and his refusal to leave could well result in the failure of a company that is otherwise an industry leader with strong potential. To prevent such a collapse, the government should take the unusual step of forcing Shi to go so that Suntech can begin a desperately needed reorganization. Such interference should be used only rarely in a true market economy, but does make sense when it means saving important companies in crisis.
The following press releases and media reports about Chinese companies were carried on March 16-18. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
Ping An (HKEx: 2318) To Issue 26 Bln Yuan Bond To Boost Capital Levels (English article)
Suntech (NYSE: STP) Bondholder To Sue If Company Fails To Make Payments (English article)
Tencent (HKEx: 700) Won’t Apply For Virtual Network Operator License – CEO (Chinese article)
Bank of China’s (HKEx: 3988) Xiao Gang Named Top Securities Regulator (English article)
Apple (Nasdaq: AAPL) Criticized For Double-Standard Warranties (English article)
The following press releases and media reports about Chinese companies were carried on March 15. To view a full article or story, click on the link next to the headline.
══════════════════════════════════════════════════════
Tencent (HKEx: 700) Negotiating With Telcos Over WeChat – Source (Chinese article)
China Mobile (HKEx: 941) Announces Annual Results (HKEx announcement)
Suntech (NYSE: STP) Responds to NYSE Inquiries Related to Unusual Trading (PRNewswire)
An increasingly assertive CCTV has turned its spotlight on some of world’s biggest brands as part of its annual consumer rights program, saving its biggest ammunition for the world’s easiest target: electronics giant Apple (Nasdaq: AAPL). I have to admit that I’m not particularly sympathetic to the highly secretive Apple, which appeals to Chinese consumers by catering to their fondness for famous brands with a certain snob appeal. But at the same time, I do have to say that Apple seems to come under an unusually high degree of scrutiny in China, and most often makes headlines for just about any negative news associated with the company and its partners.
New developments have come rapidly over the past week at Suntech (NYSE: STP), leaving the former solar superstar on the brink of collapse as its founder Shi Zhengrong blocks a potential government rescue. Shi’s exit is believed to be a main condition for the government bailout, and his refusal to leave could well result in the failure of a company that is otherwise an industry leader with strong potential. To prevent such a collapse, the government should take the unusual step of forcing Shi to go so that Suntech can begin a desperately needed reorganization. Such interference should be used only rarely in a true market economy, but does make sense when it means saving important companies in crisis.
