Chinese e-commerce group Alibaba has launched the overseas version of its group buying website Juhuasuan.com for Hong Kong and Taiwan markets, representing an important step into Hong Kong, Macau, and Taiwan.

Lei Jun, chairman of Kingsoft, has reportedly bought an additional 2.5% stake in the company for about HKD190 million.

Ericsson announced that starting from April 1, 2013, Jan Signell will be new head for Ericsson Northeast Asia, leading the business operation in mainland China, Hong Kong, Macau, Taiwan, Japan, and South Korea.

Chinese telecom operator China Mobile published its annual financial report for 2012, stating that the company's operating revenue was CNY560.4 billion, a year-on-year increase of 6.1%; and its profit attributable to shareholders was CNY129.3 billion, a year-on-year increase of 2.7%.

Chinese mainland electronics and home appliances retailer Gome has reportedly announced plans to withdraw from the Hong Kong retail market and all of its six stores in the marketplace will be closed by March 2013.

Hong Kong-listed China Telecom Company Ltd. completed the purchase of CDMA network assets from its parent company on December 31, 2013, and the related delivery arrangement has finished.

Aiming at more operating revenue from smartphone users, Chinese telecom operator China Mobile announced the launch of its mobile TV service named UTV in Hong Kong.

China Mobile reportedly plans to start the commercial use of the LTE TDD/FDD converged network in Hong Kong from December 18, 2012.

Motorola Mobility Holdings, Inc. has reportedly closed its official websites in Hong Kong and Taiwan.

Apple reportedly plans to establish a new data center in Hong Kong.

Chinese search engine company Baidu Inc. announced that it will cooperate with Qualcomm to promote Baidu cloud services on Android devices powered by Qualcomm's Snapdragon processors.

Taiwan's Chunghwa Telecom plans to expand its Wi-Fi international roaming service map and will cooperate with Hong Kong's Y5ZONE to add 6,500 Wi-Fi hot spots in Hong Kong.

China Mobile Beijing's branch has formally started providing nano-SIM cards for iPhone 5 users in its 33 business halls.

Chinese telecom operator China Telecom held the grand opening ceremony of its new subsidiary, China Telecom Global Limited, in Hong Kong.

China Telecom has entered the South Korean market by establishing a new branch in the country, providing one-stop comprehensive information services to Chinese enterprises in South Korea.