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Alibaba Invests RMB 200 Mln in Medical Equipment Maker Wandong

Wandong Medical, 6/08/15

Beijing-based medical equipment developer China Resources Wandong Medical Equipment (6000055.SH) has announced a plan to raise RMB 880 mln in funding through a private offering of an additional 24.96 mln shares to 7 designated investors. Read More

China Mobile Denies Large-scale Layoff Rumors

Sina Tech, 8/20/14

China Mobile (NYSE: CHL; 0941.HK) has denied recent rumors that the mobile operator's provincial subsidiaries in Shandong, Fujian, Shanxi and other provinces have laid off almost 300,000 dispatch workers. Read More