Tag Archives: NetDragon

News Digest: December 5, 2013

The following press releases and media reports about Chinese companies were carried on December 5, 2013. To view a full article or story, click on the link next to the headline.
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  • China State TV Accuses Foreign Carmakers Of Price Gouging (English article)
  • China Mobile (HKEx: 941), Apple (Nasdaq: AAPL) Sign iPhone Agreement (Chinese article)
  • SouFun (NYSE: SFUN) Prices $350 Mln Convertible Senior Notes Offering (PRNewswire)
  • Carlsberg Buys Controlling Stake in Chongqing Brewery (Shanghai: 600132) (English article)
  • NetDragon (HKEx: 777) To Downsize, Shift To Education Business (English article)

News Digest: August 15, 2013

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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  • Alibaba, Hunan Satellite TV Jointly Acquire PPTV – Sources (English article)
  • Tencent (HKEx: 700) Reports Q2 Results (HKEx announcement)
  • Suntech (NYSE: STP) Investor Talks Enter 2nd Round, Yingli (NYSE: YGE) To Bid (Chinese article)
  • China To Launch Fresh Pharmaceutical Bribery Probe – Xinhua (English article)
  • Baidu (Nasdaq: BIDU) In Final Deal To Buy NetDragon (HKEx: 777) 91 Wireless (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: July 24, 2013

The following press releases and media reports about Chinese companies were carried on July 24. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Invests in Xiaomi via Russia’s Digital Sky – Sources (English article)
  • US Citizen Detained As China Pharma Probe Spreads (English article)
  • NetDragon (HKEx: 777) Announces HK$17.79 Share Buyback (PRNewswire)
  • New Oriental Announces Fiscal Q4Results, Declares Special Cash Dividend (PRNewswire)
  • Alibaba Files For Public Offering To Raise Up To HK$150Bln – Media (English article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

Baidu M&A Accelerates With 91Wireless Buy

Baidu in deal to buy 91Wireless

Everyone is talking about the latest blockbuster acquisition by online search leader Baidu (Nasdaq: BIDU), so I thought I’d get in my own quick thoughts on its purchase of one of China’s leading wireless apps suppliers. In some ways, Baidu’s purchase of 91Wireless for up to $1.9 billion looks like a smart move that will help it diversify beyond its core search business. But in others, the move seems to reflect an M&A strategy lacking focus, since the app business doesn’t really complement any of Baidu’s other core product areas. Read Full Post…

News Digest: July 17, 2013

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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  • Smithfield’s (NYSE: SFD) China Bidders Plan Hong Kong IPO After Deal – Sources (English article)
  • Baidu (Nasdaq: BIDU) Acquire NetDragon’s (HKEx: 777) Subsidiary 91 Wireless (PRNewswire)
  • Xiaomi H1 2013 Revenue Reaches 13.3 Bln Yuan (English article)
  • ReneSola (NYSE: SOL) Updates Q2 and Full Year 2013 Outlook (PRNewswire)
  • Alibaba Chooses HK For Listing To Raise Up To $16 Bln – Source (Chinese article)