The following press releases and media reports about Chinese companies were carried on January 2. To view a full article or story, click on the link next to the headline.
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Revlon (NYSE: REV) To Exit Operations In China, Cut 1,100 Jobs (English article)
China Approves $353 Mln Of Share Sales As IPOs Resume (English article)
Xiaomi Sets Target Of 40 Mln Smartphone Sales For 2014 (Chinese article)
New VNO Licensees To Be Restricted To Specific Areas (Chinese article)
Qihoo 360 (NYSE: QIHU) In Deal To Restore Apps To Apple Store (Chinese article)
I don’t write too much about cloud services in China, mostly because I think the market is too immature despite Beijing’s strong promotion of the industry. Still, the latest announcement by e-commerce giant Amazon (Nasdaq: AMZN) that it’s formally launching cloud computing services in China seems like a good opportunity to re-examine the cloud phenomenon, including how the industry is likely to develop and who is best positioned to emerge as sector leaders. Read Full Post…
The following press releases and media reports about Chinese companies were carried on December 13. To view a full article or story, click on the link next to the headline.
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China Everbright Bank To Launch $2.8 Bln Hong Kong IPO On Tuesday (English article)
Alibaba Invests $361 Mln In Haier’s (HKEx: 1169) “Big Goods” Logistics (English article)
Canadian Solar (Nasdaq: CSIQ) Signs Loan Agreement For Solar Projects In Japan (PRNewswire)
The following press releases and media reports about Chinese companies were carried on December 3. To view a full article or story, click on the link next to the headline.
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China Mobile (HKEx: 941) To Release 4G Brand, iPhone On December 18 – Report (Chinese article)
China Southern Airlines (HKEx: 1055) Says 4 Executives Under Anti-Graft Probe (English article)
SouFun (NYSE: SFUN) To Launch Financial Services On December 16 (PRNewswire)
Qihoo 360 (NYSE: QIHU) To Release Search-Customized Keyboard (English article)
EU Nations Approve Pact With China On Solar-Panel Imports (English article)
The following press releases and media reports about Chinese companies were carried on November 29. To view a full article or story, click on the link next to the headline.
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Exxon To Sign Over Part Of Iraq Oilfield Stake To PetroChina (HKEx: 857) (English article)
China To Push Chaotic Petitioning System Online (English article)
Qihoo 360 (NYSE: QIHU) Restructures, Zhou Yongyi To Head Wireless Security (Chinese article)
Two of China’s oldest listed Internet firms are in the headlines these last few days, led by word that leading portal Sina (Nasdaq: SINA) has become the late web giant to make a mega bond offering as it eyes potential acquisitions. In the other more amusing news, NetEase (Nasdaq: NTES) is reportedly struggling to build up its pig-raising business that it hyped a couple of years ago, spotlighting its inability to expand beyond its core online game business. Read Full Post…
The following press releases and media reports about Chinese companies were carried on November 8. To view a full article or story, click on the link next to the headline.
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iPhone Re-enters Top 5 In China Smartphone Market Share In Q3 (Chinese article)
Lenovo (HKEx: 992) Announces Fiscal Year Interim Results (HKEx announcement)
I wanted to take a break from the usual companies I write about to look at the quietly rising NQ Mobile (NYSE: NQ), which has just joined a elite club of top Chinese web firms with a new major bond issue. The fact that NQ, formerly known as NetQin, could issue these bonds at all reflects its growing attractiveness to investors as a strong bet on China’s security software market. I can’t comment too much on its products, as I haven’t used them; but the company certainly looks well positioned to gain share in a market now dominated by Qihoo 360 (NYSE: QIHU), whose free security software is becoming the subject of growing controversy. Read Full Post…
China’s unruly markets for emerging sectors are famous for Trojan Horses, which often come as hidden traps in many products and services that ultimately harm consumers. The nation’s tourism authority just launched a new law to eliminate such traps in the travel sector, and now we’re getting word that the telecoms regulator is preparing a similar move against hidden and sometimes malicious apps that often come pre-installed on many new smartphones. This new crackdown will help to rid the market of such unwanted apps, such as ones that provide users’ personal data to third-parties without the users’ knowledge or consent. But the move could also ultimately drive up smartphone prices and perhaps even drive some companies out of business. Read Full Post…
The following press releases and media reports about Chinese companies were carried on October 9. To view a full article or story, click on the link next to the headline.
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Yum (NYSE: YUM) Warns China Sales Unlikely To Rise In Q4 (English article)
58.com Turns Profitable Before IPO As Advertising Expenses Fall (Chinese article)
Qihoo 360 (NYSE: QIHU), Sogou Search Traffic Share Up in September (English article)
Ford (NYSE: F) Comes From Behind In China To Stun Japanese Rivals (English article)
AgBank (HKEx: 1288) Gets Approval For Frankfurt Branch (HKEx announcement)
The following press releases and media reports about Chinese companies were carried on September 27 to October 1. To view a full article or story, click on the link next to the headline.
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China Mobile (HKEx: 941) Guangdong Unit Announces 4G Package (Chinese article)
Xiaomi MIUI Store to Remove Qihoo 360 (NYSE: QIHU) Apps (English article)
58.com to Submit IPO Prospectus to SEC By End September – Source (English article)
China To Offer Tax Breaks To Solar Power Manufacturers (English article)
Lenovo (HKEx: 992) Aims At Apple, Samsung With New VIBE Brand Smartphones (Chinese article)
