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Qihoo 360 to Backdoor List in China at RMB 50 Bln Valuation
SJEC, 11/03/17
Chinese internet services and security software provider Qihoo 360 will complete a backdoor A-shares listing in China through Jiangnan-based SJEC Corporation (601313.SH), at a valuation of RMB 50.416 bln, according to a restructuring plan released recently by SJEC. Read More
Update: CSRC Approves Shunrong Acquisition of Sanqiwan
Shunrong, 12/03/14
Wuhu-based automobile components manufacturer Shunrong Automobile (002555.SZ) has announced that the China Securities Regulatory Commission (CSRC) has authorized it to issue new shares as part of the firm's acquisition of Shanghai-based online game developer and operator Sanqiwan Network Technology. Read More
Datang Telecom to Acquire Gaming Firm Yaowan
Shanghai Stock Exchange, 6/27/13
Chinese telecom equipment manufacturer Datang Telecom (600198.SH) has announced that it plans to acquire Guangzhou-based browser and mobile game developer and operator Yaowan Yule Network Technology for a combination of stock and cash valued at approximately RMB 1.70 bln. Read More
Changyou Licenses Console Game from Softstar
Donews, 7/20/12
Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Sohu (Nasdaq: SOHU), today announced it has obtained the mainland China operating rights to Taiwanese online game developer Softstar Entertainment's console game Xuan Yuan Jian 6, and launched the official mainland China website and forums for the game. Read More
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