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Yintech Announces Completion of Going Private Transaction
Yintech, 11/18/20
Yintech Investment Holdings Limited (Nasdaq: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual investors in China, today announced the completion of its merger (the "Merger") with Yinke Merger Co. Ltd ("Merger Sub"), a wholly owned subsidiary of Yinke Holdings Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger dated as of August 17, 2020 (the "Merger Agreement"), by and among the Company, Parent and Merger Sub. Read More
Alipay Establishes New Rural Business Department
Sohu IT, 12/19/12
Chinese third-party payment processor Alipay has announced the establishment of a rural business department in order to expand the reach of the service into non-e-commerce sectors. Read More
Hunan TV & Broadcasting Intermediary Accused of Insider Trading
LMTW, 7/11/11
The Hunan Qiyuan Law Firm has revealed that in its investigation of 1,679 individuals during the six months before Hunan TV & Broadcast Intermediary (000917.SZ) suspended its stock for asset reorganization (i.e., from June 25, 2010 to December 27, 2010), it found that 48 people -- including Yin Zhigang, a relative of general manager Yin Zhike -- had engaged in insider trading. Read More
Shanghai Completes Cable TV Network Consolidation
SARFT.Net, 4/12/11
Shanghai announced yesterday that the city's cable TV networks have been completely consolidated into a single network covering more than 5 mln households. Read More
ZTE, Hekang Co-Establish New VC Firm
Hong Kong Exchanges and Clearing, 9/27/10
ZTE Corporation (0763.HK; 000063.SZ) announced today that it will co-invest RMB 30 mln with equity investment firm Hekang Investment Management Company to establish a new venture capital firm, ZTE Capital Management Company. Read More
Tencent, Cisco Release Enterprise IM Product
The Beijing News, 9/10/10
Chinese internet firm Tencent (0700.HK) and Cisco have officially released their jointly developed Cisco Unified Communications for Tencent's Real Time eXchange (RTX) enterprise IM product. Read More
Rumor: ZTE CEO to Resign in March
CCTime, 3/18/10
According to internal sources, with the end of term approaching later this month for the current board of directors at Chinese telecom equipment manufacturer ZTE (0763.HK; 000063.SZ), the company's upper management may undergo a major shuffle. Read More
58.com Users Surge to 10 Mln
China Economic Times, 7/09/09
Yin Xingfan, GM at the Guangzhou subsidiary of classified listings site 58.com, says that over the past three months, the site has grown by the same amount it grew in the last three years. Read More
ZTE Seeks USD 15 Bln Funding
Communications Weekly, 2/19/09
Yin Yimin, president of Chinese telecom equipment manufacturer ZTE (0763.HK; 000063.SZ), has stated that ZTE is in talks with Chinese financial institutions, seeking USD 15 bln in financing to expand into overseas telecommunications markets. Read More
Hisense to Increase Investment in TD-SCDMA
Beijing Times, 10/24/08
Yin Shujun, assistant general manager of mobile phone manufacturer Hisense Communications, revealed yesterday at the Beijing P&T/Expo Comm China 2008 that Hisense has invested more than RMB 200 mln toward research and development of TD-SCDMA. Read More
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