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ASMC to Delist from HKSE on January 25, 2019
ASMC, 11/27/18
Chinese semiconductor manufacturer Advanced Semiconductor Manufacturing Corporation (ASMC) (3355.HK), which is being taken private through merger with and absorption by Shanghai-based GTA Semiconductor, has announced that it expects ASMC's shares to withdraw their listing from the Hong Kong Stock Exchange at 9:00 a.m. Read More
Update: HNA Group Terminates Planned Acquisition of E-commerce Firm Dangdang
HNA Technology, 9/20/18
HNA Technology Group, a subsidiary of HNA Group, announced today that it has decided to abandon its effort to acquire B2C e-commerce firm Dangdang Kewen E-commerce and its affiliate Dangdang Network Information Technology. Read More
Rumor: Baidu Shuts Down Online Education Platform Baidu Chuanke
36Kr.com, 7/31/18
Chinese internet conglomerate Baidu (Nasdaq: BIDU) will reportedly shut down its online education platform Baidu Chuanke, according to online media outlet 36Kr.com. Read More
Koubei, Alipay Unveil Smart Restaurant Touchscreen Tabletop
Sina Tech, 10/10/17
Online and mobile local life services platform Koubei, operated by Alibaba Group (NYSE: BABA) subsidiary Koukou Xiangchuan Network Technology, recently launched a new "Smart Restaurant of the Future" concept product. Read More
Bank of Lanzhou ATMs Support WeChat and Alipay Scanning to Withdraw Cash
Bank of Lanzhou, 9/04/17
The Bank of Lanzhou now allows customers to withdraw money from ATMs by using Tencent's (0700.HK) WeChat mobile messaging app or Chinese third-party payment processor Alipay to scan an automatically generated QR code. Read More
Bike-sharing App '3V Bike' Exits Market over Bike Thefts
Tencent Tech, 6/30/17
Beijing-based Huayaodi Technology, operator of dockless bike-sharing service 3V Bike, has shut down as of June 21 due to a large number of its bikes being stolen, according to an announcement from the company's official account on Tencent's (0700.HK) WeChat mobile messaging app. Read More
China Bans Online Lending Services to Students
Finance Office of People's Government of Jiangxi Province, 6/16/17
China has decided to ban companies from offering online lending services to students, according to a notice issued by the China Banking Regulatory Commission (CBRC), Ministry of Education (MOE), and Ministry of Human Resources and Social Security (MOHRSS) published on the Jiangxi Provincial Government Finance Office website. Read More
Mobile Bike Share Service Ofo to Withdraw from 14 Cities
Yesky.com, 5/17/17
Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, recently said that it will withdraw from 14 cities. Read More
Baidu CEO Outlines Development Strategy for 2017
Jiemian.com, 2/07/17
Chinese internet company Baidu (Nasdaq: BIDU) will work to strengthen its position in four areas, including content distribution, connected services, financial innovation, and artificial intelligence, according to a recent speech made by Baidu CEO Robin Li to company employees. Read More
Taobao Movie Rebrands and Partners with Damai, Ali Sports
Sina Tech, 5/16/16
Taobao Movie, the online and mobile movie ticketing platform operated by a subsidiary of Chinese film and TV entertainment company Alibaba Pictures Group (1060.HK), has announced a partnership with online ticketing site Damai.cn and Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) sports subsidiary Ali Sports to expand the scope of its ticketing services. Read More
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