Chinese Tech Stock Summary

Internet

• Baidu(BIDU) announced that it has entered into an agreement with Intel (INTC) to set up a joint lab to promote the development of new technologies in China.
• Alibaba, the Chinese online e-commerce operator, announced the formal launching of its Japanese edition.
Media, Entertainment and Gaming
• China Unicom (CHU) announced the launching of its mobile phone newspaper in cooperation with People's Daily
• DNY Limited, a wholly owned subsidiary of Dynasty Gaming Inc., headquartered in Canada, announced the formal signing of a Definitive Agreement with SEGA Corporation of Japan for the development of new Multi-Player Online Games for the exclusive distribution and use of the company in China.

• PacificNet, Inc. (PACT) a provider of gaming technology, e-commerce, and Customer Relationship Management [CRM] in China, announced that it has received formal notification from the NASDAQ Listing and Hearings Council that the company has demonstrated compliance with NASDAQ's filing requirements under the Marketplace Rules.
Mobile/Wireless

• Glu Mobile Inc. (GLUU) announced that it has completed the acquisition of Beijing Zhangzhong MIG Information Technology Co. Ltd., a developer and publisher of mobile games for China.

• China Mobile (CHL) announced that it has added 6.5 million new customers in November with a total of 362.7 million subscribers, compared with the 356.2 million subscribers at the end of October
Software
• Oracle (ORCL)announced the start of operation at its Shenyang branch, which is expected to serve as a strong platform for the company as well as the information software industry development in that area.
Hardware
• CIMTEK announced the expansion of its operations with a new facility in Suzhou to support global demand for quality manufacturing.
Ventures/Investments
• Datang Telecom Group announced that it has signed a letter of intent with the People's Insurance Group.which will invest 1.5 billion yuan (US$203.6 million) in Datang Mobile for a 13 percent stake.
Web-sightings:
http://www.cyberhymnal.org/htm/s/i/silntnit.htm