News Digest

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

News Digest: August 28, 2012 报摘： 2012年8月28日

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The following press releases and media reports about Chinese companies were carried on August 28. To view a full article or story, click on the link next to the headline.
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  • Jingdong Mall Blocks Alibaba’s eTao From Price Comparisons (Chinese article)
  • Shanda Games (Nasdaq: GAME) Announces Resignation of Tan Qunzhao as CEO (PRNewswire)
  • China Approves Ford (NYSE: F), Mazda, Changan to Split JV in Two: Ford CEO (English article)

News Digest: August 25-27, 2012 报摘： 2012年8月25-27日

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The following press releases and media reports about Chinese companies were carried on August 25-27. To view a full article or story, click on the link next to the headline.
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  • Nexen (Toronto: NXY) Schedules Vote on CNOOC’s (HKEx: 883) $15.1 Bln Offer (English article)
  • Alibaba, Tencent (HKEx: 700), Ping An (HKEx: 2318) Establish Insurance JV (English article)
  • US Investigates Youku (NYSE: YOKU), Tudou Over Insider Trading (Chinese article)
  • China Telecom (HKEx: 728) Merges International Operations (English article)
  • China Construction Bank (HKEx: 939) Quarterly Earnings Beat Forecasts (English article)

News Digest: August 24, 2012 报摘： 2012年8月24日

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The following press releases and media reports about Chinese companies were carried on August 24. To view a full article or story, click on the link next to the headline.
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  • Bank of China (HKEx: 3988) Posts Weakest Quarterly Profits Growth in 3 Years (English article)
  • Baidu (Nasdaq: BIDU) Probes Legality of Qihoo (NYSE: QIHU) Search Aggregator (English article)
  • Youku (NYSE: YOUK), Tudou Announce Completion of Merger (PRNewswire)
  • China Mobile Internet Technology Lags – Deputy MIIT Minister (Chinese article)
  • Motorola Signs Severance Deals With 500 Nanjing Employees (Chinese article)

News Digest: August 21, 2012 报摘： 2012年8月21日

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The following press releases and media reports about Chinese companies were carried on August 21. To view a full article or story, click on the link next to the headline.
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  • Youku (NYSE: YOKU) Announces Shareholder Approval for Tudou Merger (PRNewswire)
  • Beyondsoft (Shenzhen: 002649) to Acquire Achievo Subsidiaries for $56 Mln (English article)
  • Camelot Information Systems (NYSE: CIS) Announces Unaudited Q2 Results (PRNewswire)
  • Vancl Cuts Back Ad Spending As Online Apparel Sellers Suffer (Chinese article)

News Digest: August 18-20, 2012 报摘： 2012年8月18-20日

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The following press releases and media reports about Chinese companies were carried on August 18-20. To view a full article or story, click on the link next to the headline.
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  • Motorola Cuts 1,400 Hundred China Jobs, Workers Protest Layoffs (Chinese article)
  • Jingdong Mall May Call Ceasefire in 3C E-Commerce Price War (English article)
  • Qihoo’s (NYSE: QIHU) Zhou Hongyi Makes Low-Key Entry to Online Search (Chinese article)
  • Starcastle to Open Its First Senior Living Community in Shanghai (Businesswire)

News Digest: August 17, 2012 报摘： 2012年8月17日

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The following press releases and media reports about Chinese companies were carried on August 17. To view a full article or story, click on the link next to the headline.
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  • Dangdang (NYSE: DANG) Announces Q2 Results (PRNewswire)
  • Unicom (HKEx: 762), China Telecom (HKEx: 728) May Sever Xiaomi Ties – Sources (English article)
  • Silicon Valley Bank, Pudong Development Bank (Shanghai: 600000) JV Opens (Chinese article)
  • Toys“R”Us Continues China Expansion with Opening of First Stores in Beijing (Businesswire)

News Digest: August 16, 2012 报摘： 2012年8月16日

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The following press releases and media reports about Chinese companies were carried on August 16. 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)
  • Suntech (NYSE: STP) CEO Steps Down, CFO to Take Top Job (English article)
  • NetEase (Nasdaq: NTES) Reports Q2 Unaudited Financial Results (PRNewswire)

News Digest: August 15, 2012 报摘： 2012年8月15日

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The following press releases and media reports about Chinese companies were carried on August 15. To view a full article or story, click on the link next to the headline.
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  • Mongolia-Focused Miner SouthGobi (HKEx: 1878) Expects Chalco to Drop Takeover Bid (English article)
  • Mengniu (HKEx: 2319) in Buyout Talks With KKR-backed China Modern Dairy: Report (English article)
  • Jingdong Mall to Maintain Zero Gross Profit on 3C for 3 Years (English article)
  • Suntech (NYSE: STP) Initial GSF Litigation Succeeds (PRNewswire)
  • Regulator Gives Conditional OK For Wal-Mart’s (NYSE: WMT) Yihaodian Stake Increase (Chinese article)

News Digest: August 14, 2012 报摘： 2012年8月14日

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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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  • Focus Media (Nasda: FMCN) Gets Management-Led $3.66 Bln buyout Offer (English article)
  • Canadian Solar (Nasdaq: CIQ) Gets C$93 Mln Loan From China Development Bank (PRNewswire)
  • Phoenix New Media (NYSE: FENG) Reports Q2 Unaudited Financial Results (PRNewswire)
  • Wuxi PharmaTech (NYSE: WX) Announces Q2 Results (PRNewswire)
  • Suning (Shenzhen: 002024) In 8 Bln Yuan Bond Offer as Website Consumes Cash (Chinese article)

News Digest: August 11-13, 2012 报摘： 2012年8月11-13日

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The following press releases and media reports about Chinese companies were carried on August 11-13. To view a full article or story, click on the link next to the headline.
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  • VanceInfo (NYSE: VIT), HiSoft (Nasdaq: HSFT) to Combine in Merger of Equals (PRNewswire)
  • Xiaomi Mialiao Acquires MSNLite Team to Take on Tencent’s (HKEx: 700) Weixin (Chinese article)
  • US Lobbyist Severs Ties With Chinese Telecom ZTE (HKEx: 763) (English article)
  • Number of Delisting US-Traded China Stocks Reaches 23 Over Past Year (Chinese article)

News Digest: August 10, 2012 报摘： 2012年8月10日

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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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  • Online Price Wars to Wrap Up Soon: Dangdang (NYSE: DANG) CEO (Chinese article)
  • 7 Days Group (NYSE: SVN) Announces Unaudited Q2 Financial Results (PRNewswire)
  • China Lodging Group (Nasdaq: HTHT) Reports Q2 Financial Results (Globe Newswire)
  • Bernstein Liebhard Announces Securities Class Action Against Suntech (NYSE: STP) (PRNewswire)