Management

LeTV Denies Rumors It Will Abandon Its TV Business

LeTV Denies Rumors It Will Abandon Its TV Business

Leshi Internet Information and Technology Corp. (Beijing) [SHE:300104] (LeTV) has denied rumors that it will abandon its television unit, saying…

Oct 23, 2017
Dou Shicong
Bayer and Alibaba Health Information Technology to Cooperate in New Media and Retail Channels

Bayer and Alibaba Health Information Technology to Cooperate in New Media and Retail Channels

Germany's largest industrial group Bayer AG [ETR:BAYN] has reached an agreement with Alibaba Group Holdings Ltd.’s [NYSE:BABA] Alibaba Health Information…

Oct 20, 2017
Zhang Xia
DHC Software to Set Up USD30 Million R&D Unit in Xiong’an New Area

DHC Software to Set Up USD30 Million R&D Unit in Xiong’an New Area

Beijing-based DHC Software Co. [SHE:002065] plans to invest CNY200 million (USD30.2 million) in a new software research and development company…

Oct 20, 2017
Dou Shicong
Shanghai Pharmaceuticals Confirms It Bid to Take Over Cardinal Health’s Chinese Business

Shanghai Pharmaceuticals Confirms It Bid to Take Over Cardinal Health’s Chinese Business

Shanghai Pharmaceuticals Co. [SHA:601607] has confirmed rumors that it made a takeover bid for the Chinese branch of Cardinal Health…

Oct 19, 2017
Dou Shicong
All Overseas Callers Posing as China’s Three Public Security Organs Will Be Interdicted by Year’s End, MIIT Says

All Overseas Callers Posing as China’s Three Public Security Organs Will Be Interdicted by Year’s End, MIIT Says

China’s Ministry of Industry and Information Technology (MIIT) will intercept all overseas phone calls altered to purport to be from…

Oct 19, 2017
Liao Shumin
Jin Jiang International Group Sells Its Stake in Joyu, Possibly Paving the Way for Latter’s Listing

Jin Jiang International Group Sells Its Stake in Joyu, Possibly Paving the Way for Latter’s Listing

Speculation on Shanghai Joyu Culture Communication Co.’s (Joyu) future capital operations that has been prevalent since the group submitted a…

Oct 18, 2017
Le Yan
HNA Group to Invest USD7.5 Billion in New Tourism Platform HiApp as Part of Strategic Transformation

HNA Group to Invest USD7.5 Billion in New Tourism Platform HiApp as Part of Strategic Transformation

Chinese aviation-focused conglomerate HNA Group Co. will carry out a strategic transformation by investing CNY50 billion (USD7.575 billion) to create…

Oct 18, 2017
Zhang Xia
TAL Education, Tsinghua University to Set Up Research Center for AI-Based Smart Classes

TAL Education, Tsinghua University to Set Up Research Center for AI-Based Smart Classes

Online education provider TAL Education Group [NYSE:XRS] and the Department of Computer Science and Technology at world-renowned Tsinghua University will…

Oct 18, 2017
Zhang Xia
China Star Entertainment Sells Its Hotel in Macao for USD256 Million

China Star Entertainment Sells Its Hotel in Macao for USD256 Million

Hong Kong movie production firm China Star Entertainment Group [HK:0326] plans to sell its hotel and relevant staff dormitories in…

Oct 17, 2017
Dou Shicong
Defense Firm Huaxun Fangzhou Moves HQ to Xiong’an, Plans USD153 Million Military Investment Fund

Defense Firm Huaxun Fangzhou Moves HQ to Xiong’an, Plans USD153 Million Military Investment Fund

Shenzhen-based defense company Huaxun Fangzhou Co. [SHE:000687] and Xiong’an New Area Management Committee, located in China’s northern Hebei province, will…

Oct 17, 2017
Zhang Xia
Chinese Ticket Machine Maker Huaming to Buy 90% Stake in Guozhengtong to Boost Big Data Capabilities

Chinese Ticket Machine Maker Huaming to Buy 90% Stake in Guozhengtong to Boost Big Data Capabilities

Shanghai Huaming Intelligent Terminal Equipment Co. [SHE:300462] plans to buy a 90-percent stake in Beijing Guozhengtong Technology Co. for CNY16.65 billion (USD256…

Oct 17, 2017
Zhang Xia
Beiming Software Wins USD70 Million Bid to Supply Network Equipment to Civil Aviation Administration of China

Beiming Software Wins USD70 Million Bid to Supply Network Equipment to Civil Aviation Administration of China

Beiming Software Co., a wholly-owned subsidiary of Shijiazhuang Changshan Textile Co. [SHE:000158], has won a CNY479-million (USD72.6-million) bid to supply…

Oct 17, 2017
Tang Shihua

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