News Digest

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

News Digest: July 19, 2012 报摘： 2012年7月19日

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The following press releases and media reports about Chinese companies were carried on July 19. To view a full article or story, click on the link next to the headline.

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  • Yum’s (NYSE: YUM) Profit Disappoints, Hurt By China Costs (English article)
  • ZTE (HKEx: 763) Wins China Mobile Hong Kong TD-LTE Tender (English article)
  • New Oriental (NYSE: EDU) Gains After Refuting Muddy Waters’ Charges (English article)
  • China Mouthpiece Xinhua Reports 5.6 Billion Yuan Revenue in 2011 (English article)

News Digest: July 18, 2012 报摘： 2012年7月18日

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The following press releases and media reports about Chinese companies were carried on July 18. To view a full article or story, click on the link next to the headline.

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  • Ctrip (Nasdaq: CTRP) Removed From the Nasdaq 100 Index, Shares Tumble (Chinese article)
  • ZTE (HKEx: 763) Denies Rumors of Large-Scale Overseas Layoffs (English article)
  • VisionChina Media (Nadaq: VISN) Receives Nasdaq De-Listing Notification (Chinese article)
  • New Oriental (NYSE: EDU) Announces Unaudited Results for the Fiscal Quarter (PRNewswire)
  • China Mobile (HKEx: 941) Prepares to Make First Tender for TD-LTE Handsets (Chinese article)

News Digest: July 17, 2012 报摘： 2012年7月17日

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

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  • Suning (Shenzhen: 002024) Shares Plunge 10 Pct As Website Misses Target (Chinese article)
  • Machinists Union Challenges Hawker Beechcraft Sale to Chinese Company (Businesswire)
  • US Wins WTO Case Over China UnionPay Bank Card Monopoly (English article)
  • Lenovo (HKEx: 992) Aims For Top Global PC Spot This Year, Profits Under Pressure (Chinese article)
  • 360Buy Allies with NetEase (Nasdaq: NTES) on Gaming Sales (English article)

 

News Digest: July 14-16, 2012 报摘： 2012年7月14-16日

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The following press releases and media reports about Chinese companies were carried on July 14-16. To view a full article or story, click on the link next to the headline.

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  • Baidu (Nasdaq: BIDU), NTT DoCoMo Finalize $22.5 Mln Mobile Content JV (Chinese article)
  • ReneSola (NYSE: SOL) In 100 MW Deal, Increases FY 2012 Shipment Outlook (PRNewswire)
  • Chinese Portals Pass on Olympics Live Broadcast Rights – Sources (English article)
  • Sina (Nasdaq: SINA), BesTV Team in Social Networking TV (Chinese article)

News Digest: July 13, 2012 报摘： 2012年7月13日

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The following press releases and media reports about Chinese companies were carried on July 13. To view a full article or story, click on the link next to the headline.

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  • China’s Cable Operators to Receive Subsidies for Broadband – Source (English article)
  • China Lodging Group (Nasdaq: HTHT) Announces Preliminary Q2 Operating Results (PRNewswire)
  • Tom Group (HKEx: 2383) May Lose Skype China Operating Rights – Source (English article)
  • Foreign Ministry Responds to EU Probe Against Huawei, ZTE (HKEx: 763) (Chinese article)
  • ZTE (HKEx: 763) Says to Release Most Advanced Gaming Smart Phone in 6 Days (Chinese article)

News Digest: July 12, 2012 报摘： 2012年7月12日

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The following press releases and media reports about Chinese companies were carried on July 12. To view a full article or story, click on the link next to the headline.

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  • China Development Bank Providing $1 Bln to Help US-Listed Firms Privatize (Chinese article)
  • Ming Yang (NYSE: MY), Huaneng Renewables (HKEx: 958) to Form Wind Power JV (PRNewswire
  • New Oriental (NYSE: EDU) Further Strengthens Corporate Structure (PRNewswire)
  • Dangdang (NYSE: DANG) Losses Grow, Analysts See No Profits Before 2014 (Chinese article)

News Digest: July 7-9, 2012 报摘： 2012年7月7-9日

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The following press releases and media reports about Chinese companies were carried on July 7-9. To view a full article or story, click on the link next to the headline.

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◙ Hebei Steel Gets Approval to Invest in Canadian Iron Ore Miner (English article)

◙ ICBC (HKEx: 1398) Completes Purchase of Stake in AXA-Minmetals Assurance (HKEx announcement)

◙ Sinopec (HKEx: 386) Extends Deadline for China Gas (HKEx: 384) Offer Until Aug 6 (HKEx announcement)

◙ Tencent (HKEx: 700 Tests Video, Voice Calling for Weixin (English article)

◙ Only 2 Chinese Companies List on NYSE In First Half of 2012 (Chinese article)

News Digest: July 6, 2012 报摘： 2012年7月6日

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The following press releases and media reports about Chinese companies were carried on July 6. To view a full article or story, click on the link next to the headline.

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◙ Apple (Nasdaq: AAPL) to Launch New iPad in China in Late July – Source (English article)

◙ Carlyle Acquires 49 Percent of China Mid-Tier Hotel Chain (English article)

◙ Jingdong Mall, Investors Agree to Delay IPO, Seek New Funding Round (Chinese article)

◙ Best Buy (NYSE: BBY) China Enters Mobile Retail (English article)

◙ Bloomberg Sites Blocked in China Days After Xi Family Wealth Story (English article)

News Digest: July 3, 2012 报摘： 2012年7月3日

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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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◙ Apple (Nasdaq: AAPL) Pays $60 Million to Settle China iPad Trademark Dispute (English article)

◙ Youku-Tudou Online Video Market Share Drops to 32.4 Pct in Q1 – Analysys (Chinese article)

◙ Youku (NYSE: YOKU) Announces Senior Management Promotions (PRNewswire)

◙ Sohu (Nasdaq: SOHU) Buys Back 10 Pct of Sogou Search Engine Held by Alibaba (Chinese article)

◙ Home Inns (Nasdaq: HMIN) Announces Acquisition of eJia Express Hotels (PRNewswire)

News Digest: June 28, 2012 报摘： 2012年6月28日

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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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◙ BYD (HKEx: 1211) Cuts Employee Salaries 14 Percent in Troubled Times (Chinese article)

◙ Regulator Encourages Private Investments in 8 Key Telecoms Areas (Chinese article)

◙ Sina (Nasdaq: SINA) to Close Luxury Goods Channel at End June After Less Than 1 Yr (Chinese article)

◙ FTuan Merges with Groupon (Nasdaq: GRPN), Tencent (HKEx: 700) JV Gaopeng (English article)

◙ China’s Bright Dairy Recalls Hundreds of Cartons of Tainted Milk (English article)

News Digest: June 27, 2012 报摘： 2012年6月27日

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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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◙ Xiaomi Wins $216 Million in Third-Round Funding (English article)

◙ US Home Builder Lennar (NYSE: LEN) Said to Discuss $1 Bln China Loan (English article)

◙ Trina Solar (NYSE: TSL) Replaces Deloitte With KPMG as Independent Auditor (PRNewswire)

◙ LDK Solar (NYSE: LDK) Reports Financial Results for Q1 of Fiscal 2012 (PRNewswire)

◙ China Rejects EU Accusations on Huawei, ZTE (HKEx: 763) Subsidies (English article)