Nasdaq is losing its status in China. KongZhong, which went public as a mobile value-added service company in 2004, is …

Sad news for technology watchers during the Golden Week holiday: tech startup and former editor Zhang Rui has passed away. …

Hong Kong's public markets are seen as a safer bet for some Chinese companies to raise money, as tech firms …

Chinese mobile social networking firm Momo Inc. says an investor group including chairman and CEO Tang Yan has withdrawn its …

FIT Hon Teng, a company under Hon Hai Group, has submitted its initial public offering application to Hong Kong Exchanges …

China's online gaming users reached 534 million in 2015, a year-on-year increase of 3.3%, according to the latest report from a trio of game watchers. During China's Game Industry Annual Conference 2015, the Game Publishers Association Publications Committee of the China Audio-video and Digital Publishing Association, Gamma Data, and IDC jointly published their "2015 Report […]

Chinese smartphone maker Coolpad has appointed Jia Yueting, chairman and general manager of Letv.com, and Liu Hongwei, vice chairman and deputy general manager of Letv.com, as executive directors, effective immediately. According to the company, Jia and Liu signed three-year service contracts with Coolpad, starting from August 17, 2015. Both of them will receive CNY1 million […]

Chinese mobile game developer and publisher Linekong announced that the company has reached an agreement with 228.com.cn, an online ticket provider in China, to invest CNY23 million in the latter. This is reportedly the first capital strategic layout of Linekong since its IPO in Hong Kong at the end of December 2014. 228.com.cn is a […]

With a newly-minted IPO under its belt, Chinese e-commerce giant JD.com Inc. announced today that is now taking pre-orders for Microsoft's Xbox One gaming console. As part of an agreement between the companies, JD.com will have the exclusive right to accept pre-orders for Xbox One in China from July 28-30, 2014, through JD.com's Mobile QQ […]

Cheetah Mobile, a subsidiary of Kingsoft, announced that the company has reached an agreement with Zoom Interactive, a Hong Kong online marketing company, on a full acquisition for USD30 million. The USD30 million consideration will reportedly include USD20 million in cash and about USD4 million in Cheetah Mobile restricted class A ordinary shares. In addition, […]

Chinese third-party Internet payment company Alipay revealed that the company has reached a deal with South Korean website Lotte.com to provide a RMB payment channel to Chinese users who shop on the website. Furthermore, the products purchased on the website will be directly shipped from South Korea to China. Lotte.com and the Lotte duty free […]

Chinese search engine company Baidu and e-commerce website JD.com jointly established an innovative hardware open platform that provides resource support such as technology, data, and promotional marketing to selected innovative hardware products. Investment and ownership apportions of the project were not revealed by Baidu or JD.com, which just submitted its prospectus for an initial public […]

Twitter's just-released initial public offering prospectus shows China is still an important deficit in its global growth strategy. In Twitter's F-1 IPO statement, the company said it is raising USD1 billion, which is largely a pro forma number until the company calculates fees and eyes its roadshow. The company recorded USD317 million in revenue in […]

Nokia will build an experience innovation center in Beijing to provide a mobile Internet entrepreneurial solutions platform; serve developers and entrepreneurs; and promote the building of a world-class software ecological park in Beijing. At the same time, the new experience innovation center will also enhance Beijing's position as the global innovation center of Nokia. Nokia […]

By paying only USD60 million, Apple appears to have gained the upper hand in a trademark dispute against a Chinese technology company. According to the Guangdong High People's Court, Apple has just placed the USD60 million a court escrow account to be transferred to Shenzhen Proview Technology, which owned the rights to the iPad trademark […]

Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013. According to reports in Finnish publication Tekniikka & Talous, Peter Vesterbacka, chief marketing officer of Rovio, revealed that Rovio hopes to become a media company with market value similar with Disney, whose market value is about USD65.3 […]

According to Wang Jianzhou, chairman of China Mobile, the company plans to get back from the Hong Kong share market and seek a listing in Shanghai.
Wang said if the policy allows, China Mobile prefers to issue China Depositary Receipts instead of A-shares, because the listing procedures of CDRs are simpler. In addition, issuing CDRs will […]

Hong Kong's Hutchison Telecommunications International Limited has announced the successful spin-off and listing of the company's Hong Kong and Macau operations on the main board of the Hong Kong stock exchange.
The listing was by way of introduction of the shares of Hutchison Telecommunications Hong Kong Holdings Limited on the stock exchange which began trading on […]