Lenovo Group and Hong Kong-headquartered Nikoyo have signed a memorandum of understanding in Beijing to implement marketing and sales cooperation.

Chinese financial services software firm Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended June 30, 2010, which is the first quarter of its fiscal year ending March 31, 2011.

Wipro Technologies has just opened its global delivery center in Chengdu to provide business process outsourcing services to its customers in China and around the world.

China Financial Certification Authority has published a survey report on China's Internet banks in 2008.

The chain convenience store group 7-Eleven has jointly announced with China UnionPay to launch a convenient financial service plan, providing China UnionPay's standard card users in Guangdong with a series of convenient payment services.

Chinese Internet search engine Baidu.com (BIDU) has signed a strategic cooperative agreement with Hexun.com to develop Baidu's finance area and offer a better comprehensive financial information service to its users.

Newhuadu Group has announced intentions to acquire Inxite and Tang Jun, president and CEO of Newhuadu Group, will be the president of Inxite.

Longtop Financial Technologies (LFT) just announced its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2008.

Chinese electronics retailer Suning says it has been approved by Chinese Securities Regulatory Commission to issue a non-public offering of no more than 73 million shares and the funds raised will be used to develop 250 chain stores and the construction of Shenyang Logistics Center, Wuhan Zhongnan Flagship Store and Shanghai Putong Flagship Store.

Tom Group's 2007 financial report shows that the company's business revenue in 2007 was CNY2.683 billion and losses reached CNY297 million, which the company says is mainly caused by eBay Eachnet which suffered a loss of about CNY104 million.

Chinese financial software firm Longtop (LFT) has signed an agreement to provide data integration solutions to Chinese asset management company China AMC.