The following press releases and media reports about Chinese companies were carried on January 10. To view a full article or story, click on the link next to the headline.
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China Mobile To Sell iPhone Next Week, Unicom, China Telecom Cut Prices (Chinese article)
Qualcomm (Nasdaq: QCOM) CEO Says Still In Dark On China Antitrust Probe (English article)
Zhou Weiping Resigns As Interim CEO, CFO Of Suntech (NYSE: STPFQ) (PRNewswire)
Qihoo 360 (NYSE: QIHU) Denies In Talks To Sell Stake To Alibaba (Chinese article)
LDK (NYSE: LDK) Enters Further Forbearance Arrangement With Noteholders (PRNewswire)
The following press releases and media reports about Chinese companies were carried on January 7. To view a full article or story, click on the link next to the headline.
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WhiteWave Foods (NYSE: WWAV) To Form JV With Mengniu (HKEx: 2319) (Businesswire)
Unicom (HKEx: 762) Vice President Li Gang Resigns To Join VNO Licensee (Chinese article)
The following press releases and media reports about Chinese companies were carried on December 26. To view a full article or story, click on the link next to the headline.
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Rolls-Royce Says Britain’s SFO Begins Bribery Investigation Related To China (English article)
First Virtual Network Operator (VNO) Licenses To Be Awarded By Year End (Chinese article)
The following press releases and media reports about Chinese companies were carried on December 14-16. To view a full article or story, click on the link next to the headline.
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Tesla (Nasdaq: TSLA) Launches China Website, Sets Deposits At 250,000 Yuan (Chinese article)
EU To Probe Chinese Nuclear Power Investments In Britain – Report (Chinese article)
China Unicom (HKEx: 762) To Focus On FDD-LTE Network (English article)
A recent rush into financial services by Chinese Internet firms took a new twist last week when China Unicom (HKEx: 762; NYSE: CHU), the nation’s second biggest wireless carrier, announced it will move into the space with the establishment of a new joint venture. Unicom joins China’s major Internet companies and a wide range of other firms in launching such joint ventures, with Alibaba, Tencent (HKEx: 700) and Baidu (Nasdaq: BIDU) all announcing similar tie-ups this year. Read Full Post…
This week will go down in the history books as the week when China finally entered the high-speed telecoms era with its granting of 4G licenses after years of waiting. But China still has the dubious distinction as one of the world’s few markets where Apple’s (Nasdaq: AAPL) wildly popular iPhone isn’t available to more than half of the country’s 1 billion mobile subscribers. That looks set to finally change soon, with media reporting that China’s dominant carrier China Mobile (HKEx: 941; NYSE: CHL) has finally signed an iPhone deal with Apple. Read Full Post…
I really would like to compliment Microsoft (Nasdaq: MSFT) from time to time for its China strategy, since I personally have no objections with the world’s largest software maker in general. But it’s often difficult to find anything positive to say about Microsoft’s strange decisions in China, and that’s certainly the case with the latest news about its choice of new local business partner for its Skype instant messaging service. Microsoft made headlines earlier this month when it dissolved a longstanding China tie-up for Skype without naming a new partner for the service; now it has formally chosen new partners in 2 stodgy state-run enterprises, Guangming Daily and Founder Group. Read Full Post…
The following press releases and media reports about Chinese companies were carried on November 21. To view a full article or story, click on the link next to the headline.
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Hundreds Of Chinese Nokia Workers Protest At Microsoft (Nasdaq: MSFT) Deal (English article)
Unicom (HKEx: 762), Huawei Partner To Offer Internet TV In Qingdao (English article)
Chalco (HKEx: 2600) Vice President Li Dongguang Under Investigation (Chinese article)
Suning (Shenzhen: 002024) Sets Up Silicon Valley R&D Center (Chinese article)
500.com Raises Price Range For IPO To $11-$13 Per ADS, From Previous $9-$11 (Chinese article)
Beijing is showing that Washington isn’t the only one that can play games over national security concerns, with word that networking equipment giant Cisco Systems (Nasdaq: CSCO) is loosing big business in China due to revelations about US spying. Frankly speaking, this latest development in the networking equipment Cold War between Beijing and Washington doesn’t surprise me too much, and some might even say that China’s national security concerns are justified. But no matter what you think, it seems likely that Cisco’s new China freeze is at least partly and quite possibly completely in response to similar moves by Washington against Chinese networking equipment giants Huawei and ZTE (HKEx: 763; Shenzhen: 000063). Read Full Post…
We’re rapidly running out of days in October for 2 major telecoms developments that many were expecting this month, namely the awarding of new licenses for 4G wireless service and for new telecoms service providers known as virtual network operators (VNOs). There are still 10 days left in the month, so it’s possible that one or both could still happen. But the usual delays could mean we may not see any major announcements for a little while longer. Meantime, media are reporting some new information on a timetable for the VNO roll-out; and in another major development that could shake up the status quo, media are also saying that leading wireless telco China Mobile (HKEx: 941; NYSE: CHL) could soon get a license to offer fixed-line telecoms services. Read Full Post…
The following press releases and media reports about Chinese companies were carried on October 12-14. To view a full article or story, click on the link next to the headline.
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China Telecom (HKEx: 728), Unicom (HKEx: 762) Get FDD-LTE Spectrum Allocations (English article)
