Express Mobile, an information technology company in the U.S., has sued China's Alibaba for patent infringement. According to Express Mobile, the company filed the patent infringement lawsuit against the Alibaba Group in the United States District Court for the Eastern District of Texas, Marshall Division. In the statement, Express Mobile accused Alibaba for infringing its […]

Chinese Internet company Letv.com formally announced in Hong Kong that they have established a music company. Yin Liang, core creator of Letv's music business, was appointed chief executive officer of the new Letv music company; while Lei Zhenjian was appointed chairman. Lei said that Letv music is currently one of the largest platforms for music […]

Top talent show host taken off the air after video taken at private party goes viral

The strong capital flows from mainland investors to Hong Kong, triggered by government policies to ease restraints on such investments, may carry on for some time, and the A/H premium may narrow in the coming weeks, says a research report by BofA Merrill Lynch Global Research. In recent weeks, the Chinese government has announced a […]

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The Chinese government's recently announced easing measures for the property could provide some modest support to growth in the remainder of the year, says a report by the Australia and New Zealand Banking Group Limited (ANZ). On March 30, the People's Bank of China (PBoC) urged financial institutions to support home purchases using a combination […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Taiwan's Hon Hai Precision and South Korea's SK C&C, a subsidiary of SK Group, will establish a joint venture to provide information technology services in mainland China. Hon Hai said that the joint venture will first provide information technology services to Hon Hai's plants in mainland China and offer integrated security systems to other companies […]

Chinese telecom device maker Huawei realized global sales of CNY288.2 billion in 2014, which was about USD46.5 billion, a year-on-year increase of 20.6%. The company's net profit was CNY27.9 billion, which was about USD4.5 billion, a year-on-year increase of 32.7%. By business lines, Huawei's carrier business revenue was CNY192.1 billion, a year-on-year increase of 16.4%; […]

Double-digit increases in defence spending alarm China’s neighbours but budgets and troop levels only tell half the story

Beijing’s double-digit increases in defence spending have alarmed neighbours but budgets and troop levels are only half the story