Chinese electronics retailer Suning has signed a direct supply agreement with HP, making it the only direct supply channel provider for HP in China. Under the agreement, the two parties are expected to achieve annual sales of CNY1.5 billion in 2009 and total sales of over CNY5 billion over the next three years. Sun Weimin, the president [...]

According to the Chinese search engine company Baidu.com, it has signed a strategic cooperative agreement with the electronics retailer Suning to jointly explore China's home appliances B2C market. Under the agreement, Baidu.com will provide comprehensive search-oriented solutions to Suning in to support the latter's existing B2C businesses. In addition, as a result of Baidu.com's advantages in [...]

Chinese electronics retailer Suning has confirmed that the company will buy 66.67 million shares from the Japanese electronics retailer Laox at a price of JPY12 per share. This is the first time that a Chinese company will acquire a Japanese listed company and it is the first time for a Chinese home appliances chain to enter [...]

Chinese electronics retailer Suning has published a report, which states that it will issue up to 200 million new non-public shares at a price of at least CNY15 per share to raise CNY2.8 billion for eight new projects. Of the total, shares valued at CNY250 million to CNY350 million will be acquired by Zhang Jindong, chairman [...]

According to reports in local Japanese media, the Japanese electronics retailer Laox is in discussions with the Chinese home appliances retailer Suning and plans to sell parts of its stake to the latter. It is planned that Laox will issue shares valued at about JPY1.5 billion, which accounts for over 50% of the company's total equity. [...]

Highlighted stocks include Zhongpin Inc. (...

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RadioShack Corporation (...

Chinese electronics retailer Suning has signed an agreement with three universities in Beijing to be their designated entrepreneurial base to help university students find jobs and to improve their employment status. The three universities involved are Beijing Forestry University, China University of Political Science and Law, and Beijing Normal University. Under the agreement, Suning will provide [...]

Sanlian Commerce, a subsidiary of the Shandong-based electronics retailer Sanlian Group, has published a report stating the Shandong Supreme People's Court has rejected Sanlian Group's lawsuit against Gome about the share auction of Sanlian Commerce. On January 7, 2008, China's CITIC Bank Jinan branch applied to sell the 27 million stakes in Sanlian Commerce owned by [...]