Pacific Epoch - China News HeadlinesPacific Epoch is a boutique research house providing China Telecommunications, Media and Technology trade news and investment analysis for foreign institutional investors, Fund Managers, Charities and Foundations, Asset Consulting Firms, Individual Practitioners, Research Houses, Dealer Groups, Private Equity Funds, venture capital firms, Marketing and R&D executives, and Government Agencies.Shanda Takes Sina Editor For New Literature Unit- (Found July 5, 2008 ) Shanda Interactive Entertainment Ltd. (Nasdaq: SNDA) announced the establishment of Shanda Literature Limited, its third business unit, after market close on Thursday. Shanda Literature currently operates Qidian.com, boasting over 20 million registered accounts and daily traffic of 220 million page views,...http://www.pacificepoch.com/newsstories?id=P126833 e-Commerce: Alibaba (HK: 1688) June Update- (Found July 5, 2008 )http://www.pacificepoch.com/products?id=P126624 Alibaba.com And Intel Bring In Lenovo For PC Release- (Found July 5, 2008 ) Alibaba's business-to-business (B2B) e-commerce subsidiary Alibaba.com Ltd. (1688.HK), Lenovo (0992.HK) and Intel (Nasdaq: INTC) announced that they plan to release their e-commerce computer in September, reports Sohu. Alibaba.com CEO David Wei said Alibaba.com's April-released e-commerce product "Winport"...http://www.pacificepoch.com/newsstories?id=P126607 MIIT: IT Exports Up 24% YoY Through May- (Found July 5, 2008 ) China's IT product import and export volume totaled $349.85 billion, up 21.2% year-on-year, in the first five months of 2008, according to Ministry of Industry and Information Technology (MIIT) statistics released on Monday. Exports made up $201.95 billion, up 24.1% year-on-year, of the total, while...http://www.pacificepoch.com/newsstories?id=P126640 A-Shares: Shanghai Erratic, Shenzhen Exempts Sichuan From Listing Fees- (Found July 5, 2008 ) The Shanghai Composite Index fell this afternoon after gaining as much as 48 points in morning trading to end the day unchanged on the day at 2,651.725, while the Shenzhen Composite Index rose 1.06% to close at 784.89 on Wednesday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB...http://www.pacificepoch.com/newsstories?id=P126625 Giant Interactive President Says SNS Acquisitions Complete- (Found July 5, 2008 ) Shanghai-based online game company Giant Interactive's (NYSE: GA) stint into the social networking area is "basically complete" with its $51 million investment in Shanghai social networking service (SNS) site 51.com, reports Hexun quoting Giant Interactive president Wei Liu. The executive went on to...http://www.pacificepoch.com/newsstories?id=P126603 Giant Interactive To Spend $51M On SNS Stake- (Found July 5, 2008 ) Shanghai-based online game company Giant Interactive (NYSE: GA) announced its intention to spend $51 million on a 25% stake in Five One Network Development Co. Ltd, Shanghai social networking service (SNS) site 51.com, at a press conference on Tuesday, reports 163.com. China Renaissance is the exclusive...http://www.pacificepoch.com/newsstories?id=P126485 Baidu Joins Nokia WidSets Platform- (Found July 5, 2008 ) Baidu (Nasdaq: BIDU) is now offering its mobile search service on Nokia's mobile widget service "WidSets", reports Ccidnet.com. The report said that there were 10 million WidSets users worldwide, including four million in China. Nokia plans to pre-install WidSets in tens of millions of mobile phones...http://www.pacificepoch.com/newsstories?id=P126522 A-Shares Up, Taiwan Encourages Overseas Investment- (Found July 5, 2008 ) The Shanghai Composite Index increased 1.95% to close at 2,703.529, while the Shenzhen Composite Index rose 3.42% to close at 811.76 on Thursday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 74.1 billion and RMB 37.48 billion, respectively. Shares of WanXiang Doneed (600371.SH),...http://www.pacificepoch.com/newsstories?id=P126768 |