News Digest

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

News Digest: May 5-7, 2012 报摘: 2012年5月5-7日

The following press releases and media reports about Chinese companies were carried on May 5-7. To view a full article or story, click on the link next to the headline.

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China Postal Express Plans IPO to Raise $1.6 Billion (English article)

Alibaba Several Weeks From Stake Buyback Deal With Yahoo (Nasdaq: YHOO) – Source (Chinese article)

◙ Telecoms Regulator Targets More Than 450 Mln 3G Users in 12th Five-Year Plan (Chinese article)

UnionPay Preparing B2C E-Payments Drive With “Panbi” Rewards System (Chinese article)

Sohu’s (Nasdaq: SOHU) Sogou Unveils Strategy to Steal Baidu Market Share (English article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May 4, 2012 报摘: 2012年5月4日

The following press releases and media reports about Chinese companies were carried on May 4. To view a full article or story, click on the link next to the headline.

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Alibaba’s Tianmao Enters Household Appliance Market, Signs Up 800 Merchants (Chinese article)

Bright Food Buys 60% of U.K. Cereal-Maker Weetabix (English article)

◙ China’s Q1 Group Buy Transaction Volume Up 234% YoY (English article)

Spreadtrum Communications (Nasdaq: SPRD) Announces Q1 Results (PRNewswire)

◙ Smartphone Start-up Xiaomi Says Monthly Revenue Passed 1 Bln Yuan (Chinese article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: May3, 2012 报摘: 2012年5月3日

The following press releases and media reports about Chinese companies were carried on May 3. To view a full article or story, click on the link next to the headline.

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Temasek Selling $2.4 Billion in BOC (HKEx: 3988), China Construction Bank (HKEx: 939) (English article)

Hony Capital May Sell Elpida (Tokyo: 6665) DRAM Plant to SMIC (HKEx: 981) – Report (English article)

People’s Daily Website (Shanghai: 603000) Up 90% in First 2 Trading Days (Chinese article)

Wal-Mart (NYSE: WMT) Says Last Two Employees in Pork Scandal Released (English article)

Huawei to Build $1.5 Bln Logistics Center in Hungary (Chinese article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 28-May1, 2012 报摘: 2012年4月28日-5月1日

The following press releases and media reports about Chinese companies were carried on April 28-May 1. To view a full article or story, click on the link next to the headline.

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◙ China’s Big Four Banks Hit By Slowdown, Costs (English article)

Gapeng CEO Resigns (English article)

Tencent (HKEx: 700) Soso to Make Large Scale Staff Cuts – Source (English article)

◙ Whitman Makes First China Trip Since Becoming Hewlett-Packard (NYSE: HPQ) CEO (Chinese article)

People’s Daily Website Rises 73 Percent on Trading Debut (Chinese article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 27, 2012 报摘: 2012年4月27日

The following press releases and media reports about Chinese companies were carried on April 27. To view a full article or story, click on the link next to the headline.

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◙ iPad Talks: Proview Lawyer Says Apple (Nasdaq: AAPL) Becoming More Positive (Chinese article)

Bank of China (HKEx: 3988) Announces Q1 Results (HKEx announcement)

Sinopec (HKEx: 386) Announces Q1 Results (HKEx announcement)

Perry Ellis (Nasdaq: PERY) Forms Greater China JV With Manhattan Brand (Businesswire)

Spreadtrum (Nasdaq: SPRD) Says TD-SCDMA/EDGE Android Platforms Now Available (PRNewswire)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 26, 2012 报摘: 2012年4月26日

The following press releases and media reports about Chinese companies were carried on April 26. To view a full article or story, click on the link next to the headline.

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Proview Owns iPad Trademark in China -Govt Official (English article)

Digital Domain (NYSE: DDMG) Completes JV, 3D License Deal with China’s Galloping Horse (Businesswire)

◙ Studios’ Dealings in China Said To Be Subject of SEC Questions (English article)

ZTE (HKEx: 763) Reports Q1 Results (HKEx announcement)

Shanghai Fosun Pharmaceutical’s IPO Gets OK (English article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 25, 2012 报摘: 2012年4月25日

The following press releases and media reports about Chinese companies were carried on April 25. To view a full article or story, click on the link next to the headline.

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Baidu (Nasdaq: BIDU) Announces Q1 Results (PRNewswire)

Apple’s (Nasdaq: AAPL) Quarterly China Sales Reach $7.9 Bln, iPhone Sales Up 4-Fold (Chinese article)

MoneyGram (NYSE: MGI) Available at All 10,000 Bank of China (HKEx: 3988) Locations (Businesswire)

Ericsson (Stockholm: ERICb) Inks Framework Deal With China Mobile (HKEx: 941) (English article)

Perfect World (Nasdaq: PWRD) Officially Launches Forsaken World in Brazil (PRNewswire)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 24, 2012 报摘: 2012年4月24日

The following press releases and media reports about Chinese companies were carried on April 25. To view a full article or story, click on the link next to the headline.

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China Auto Rental Said to Struggle to Attract Investors (English article)

Sohu, Tencent, Baidu Video Channels to Jointly Buy Copyrighted Material – Source (Chinese article)

Huawei Profit Halves; Handset Competition Saps Margins (English article)

Lashou Reported Cutting Staff, Halting Ads, Calls Move “Strategic Adjustment” (Chinese article)

Alibaba.com (HKEx: 1688) Reports Net Profit1 of RMB339.2 million in Q1 2012 (Businesswire)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 20, 2012 报摘: 2012年4月20日

The following press releases and media reports about Chinese companies were carried on April 20. To view a full article or story, click on the link next to the headline.

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People’s Daily Site Raises $222 Million in Enlarged IPO (English article)

◙ Chinese Search Engines Forbidden to Index Microblogs – Data Center Official (English article)

ENN, Sinopec (HKEx: 386) Explain Bid to China Gas (HKEx: 384) Workers (HKEx announcement)

Vancl’s Rufengde Delivery Service Closes Some Stations, Vancl Denies Scaleback (Chinese article)

Proview Says Talking With Apple (Nasdaq: AAPL) to Resolve iPad Trademark Dispute (Chinese article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 19, 2012 报摘: 2012年4月19日

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

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Facebook Seeks Local Partner to Enter China – Sources (English article)

◙ China’s Party Website People.cn Seeks 18% IPO Premium (English article)

MoneyGram (NYSE: MGI), ICBC (HKEx: 1398) Expand Direct-to-Account Service from Japan (Businesswire)

◙ Argentine Move to Seize YPF Spoils Sinopec (HKEx: 386) Deal (English article)

Starbucks (Nasdaq: SBUX) Strengthens Commitment to Being Employer of Choice in China (Businesswire)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 18, 2012 报摘: 2012年4月18日

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

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Alibaba Hires Ex-U.S. Official to Aid Washington Lobbying (English article)

Canadian Solar (Nasdaq: CSIQ) and SkyPower Enter Into Purchase and JV Agreement (PRNewswire)

◙ Guangdong High Court Seeks to Mediate in iPad Trademark Dispute (Chinese article)

Sohu (Nasdaq: SOHU) Video Portal Plans IPO In First Half 2013 – Source (Chinese article)

New Oriental (NYSE: EDU) Announces Fiscal Q3 Results, Declares Special Cash Dividend (PRNewswire)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)