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SMARTPHONES: Coolpad Losses Balloon, No Help in Sight 阳歌 04月24日 财新传媒英文部编辑: Bottom line: Money-losing Coolpad is likely to get sold before the end of this year to raise cash for controlling stakeholder LeEco, or could end up getting shut down if no buyer comes forward.
Coolpad to post big H1 loss
It's a new week, and that means new chances to write about the struggles of companies in the orbit of fast-fading former video superstar LeEco (Shenzhen: 300104). Last week the company's majority owned Yidao private car services was in the headlines, amid a he-said-she-said spat over 1.3 billion yuan ($189 million) in funds that Yid......

IPOs: Wuxi AppTech, Qihoo Move Towards China Listings 阳歌 03月28日 财新传媒英文部编辑: Bottom line: New signals from Qihoo and Wuxi AppTech show they may be getting preferential treatment for A-share listings, as the regulator shifts its policies to favor high-quality private firms for IPOs.
Wuxi AppTech eyes A-share listing
New signals coming from China's stock regulator hint that it's softening its stance towards letting companies formerly listed in the US jump the queue for re-listings at home. That appears to be the message, following a string of new reports saying first software security specialist Qihoo 360 and now drugmaker Wuxi AppT......

CONSUMER: ZTE Hops Into Smart Cars, Gome Into Smartphones 阳歌 12月20日 财新传媒英文部编辑: Bottom line: ZTE's move into smart cars and Gome's into smartphones follow a typical Chinese pattern of herd mentality investing, and are both likely to fare poorly.
ZTE buys car maker Granton
A couple of headlines are shining a spotlight on the herd mentality you often see among Chinese companies looking for the next big growth opportunity. One of those has telecoms stalwart ZTE (HKEx: 763; Shenzhen: 000063) buying a small bus maker, parroting a trend among a growing number of firms who see the future in smart vehicles. The other has the increasingly ir......

SMARTPHONES: Qihoo Calls Early on 2017 with Smartphone Buy 阳歌 12月13日 财新传媒英文部编辑: Bottom line: Qihoo's latest smartphones foray with its purchase of the obscure Blephone reflects the tenacity of founder Zhou Hongyi, but will quickly end in failure due to a late arrival and intense competition in the space.
Qihoo dives back into smartphones with Blephone
Security software maker Qihoo 360 just doesn't change its mind when opinionated CEO Zhou Hongyi sets his sights on something. After a somewhat disastrous beginning to Zhou's foray into smartphones over the last 2 years, he's loudly proclaiming that 2017 will be the year of the ......

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