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	<title>ChinaTechNews.com &#187; Hong Kong</title>
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	<link>http://www.chinatechnews.com</link>
	<description>The Technology Source for the Latest Chinese News on Internet, Computers, Digital, Science, Electronics, Law, Security, Software, Web 2.0, Telecom, and Wireless Industries</description>
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		<title>Chinese Software Company Expects Big Profit Increase</title>
		<link>http://www.chinatechnews.com/2012/02/09/16038-chinese-software-company-expects-big-profit-increase</link>
		<comments>http://www.chinatechnews.com/2012/02/09/16038-chinese-software-company-expects-big-profit-increase#comments</comments>
		<pubDate>Wed, 08 Feb 2012 23:07:18 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[Cloud Computing]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[SaaS]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[Thailand]]></category>
		<category><![CDATA[UFIDA]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=16038</guid>
		<description><![CDATA[Chinese software provider UFIDA Software Company Limited has published a report stating that its net profit for 2011 is expected to increase by between 40% and 80% year-on-year. The company said that with the expected growth rate, its profit attributable to shareholders may reach between CNY133 million and CNY260 million. The company's profit attributable to [...]]]></description>
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		<title>Apple Adopts New iPhone Sales System In Hong Kong</title>
		<link>http://www.chinatechnews.com/2012/02/07/16030-apple-adopts-new-iphone-sales-system-in-hong-kong</link>
		<comments>http://www.chinatechnews.com/2012/02/07/16030-apple-adopts-new-iphone-sales-system-in-hong-kong#comments</comments>
		<pubDate>Mon, 06 Feb 2012 16:15:48 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[iOS]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[mobile phone]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[riot]]></category>
		<category><![CDATA[Sanlitun]]></category>
		<category><![CDATA[smartphone]]></category>
		<category><![CDATA[website]]></category>
		<category><![CDATA[Wireless]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=16030</guid>
		<description><![CDATA[Apple is adopting a new sales method for the iPhone 4S in Hong Kong to ward off scalpers. Customers who want to buy the products need to first submit reservation applications via the Internet, and then they can pickup the iPhones. According to information published on Apple's Hong Kong official website, from 09:00 to 12:00 [...]]]></description>
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		<item>
		<title>Inspur International To Sell Chinese E-government Business</title>
		<link>http://www.chinatechnews.com/2012/01/31/16010-inspur-international-to-sell-chinese-e-government-business</link>
		<comments>http://www.chinatechnews.com/2012/01/31/16010-inspur-international-to-sell-chinese-e-government-business#comments</comments>
		<pubDate>Mon, 30 Jan 2012 18:40:16 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Law & Policy]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[CRM]]></category>
		<category><![CDATA[e-government]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Inspur]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Shandong]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=16010</guid>
		<description><![CDATA[Hong Kong-listed information technology and outsource software development company Inspur International has published a report, stating that it will sell its e-government business, Shandong Inspur E-Government Software Limited, to Shandong Inspur Software Company Limited for CNY23 million. Inspur International is expected to gain about CNY259,000 from the disposal, and the capital gained will be used [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>China&#039;s Tencent To Acquire 49% Stake In Foreign Game Publisher</title>
		<link>http://www.chinatechnews.com/2012/01/30/16006-chinas-tencent-to-acquire-49-stake-in-foreign-game-publisher</link>
		<comments>http://www.chinatechnews.com/2012/01/30/16006-chinas-tencent-to-acquire-49-stake-in-foreign-game-publisher#comments</comments>
		<pubDate>Sun, 29 Jan 2012 18:05:08 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Level Up]]></category>
		<category><![CDATA[Naspers]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Philippines]]></category>
		<category><![CDATA[QQ]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[South Africa]]></category>
		<category><![CDATA[Tencent]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=16006</guid>
		<description><![CDATA[Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued shares of Level Up. Meanwhile, under the option agreement signed by the two parties, Tencent has the ability to spend USD9.9 million to increase its stake in Level Up to 67%. Founded in Singapore, Level [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Rovio Eyes IPO In Hong Kong In 2013</title>
		<link>http://www.chinatechnews.com/2011/12/23/15935-rovio-eyes-ipo-in-hong-kong-in-2013</link>
		<comments>http://www.chinatechnews.com/2011/12/23/15935-rovio-eyes-ipo-in-hong-kong-in-2013#comments</comments>
		<pubDate>Thu, 22 Dec 2011 21:16:48 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[Angry Birds]]></category>
		<category><![CDATA[Finland]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[initial public offering]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[ipo]]></category>
		<category><![CDATA[mobile game]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Rovio]]></category>
		<category><![CDATA[wireless game]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15935</guid>
		<description><![CDATA[Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013. According to reports in Finnish publication Tekniikka &#038; Talous, Peter Vesterbacka, chief marketing officer of Rovio, revealed that Rovio hopes to become a media company with market value similar with Disney, whose market value is about USD65.3 [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/12/23/15935-rovio-eyes-ipo-in-hong-kong-in-2013/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Suning Plans 400 Electronics Retail Stores In 2012</title>
		<link>http://www.chinatechnews.com/2011/12/19/15906-suning-plans-400-electronics-retail-stores-in-2012</link>
		<comments>http://www.chinatechnews.com/2011/12/19/15906-suning-plans-400-electronics-retail-stores-in-2012#comments</comments>
		<pubDate>Mon, 19 Dec 2011 00:21:29 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Canon]]></category>
		<category><![CDATA[Guangdong]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Jiangsu]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Sony]]></category>
		<category><![CDATA[Suning]]></category>
		<category><![CDATA[Zhejiang]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15906</guid>
		<description><![CDATA[Chinese electronics and home appliances retailer Suning has published a report, stating that the company's net profit for 2011 will realize a year-on-year increase of between 20% and 25%, and it plans to open over 400 new chain stores in 2012. These new stores will reportedly include those already planned for the Hong Kong and [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Foreigners Can Now Invest In Xinhua News Agency&#039;s Video Offspring</title>
		<link>http://www.chinatechnews.com/2011/12/12/15887-foreigners-can-now-invest-in-xinhua-news-agencys-video-offspring</link>
		<comments>http://www.chinatechnews.com/2011/12/12/15887-foreigners-can-now-invest-in-xinhua-news-agencys-video-offspring#comments</comments>
		<pubDate>Sun, 11 Dec 2011 16:37:25 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Law & Policy]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[ipo]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[onlie media]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[SOE]]></category>
		<category><![CDATA[television]]></category>
		<category><![CDATA[Tsun Yip Holdings]]></category>
		<category><![CDATA[TV]]></category>
		<category><![CDATA[Wu Jincai]]></category>
		<category><![CDATA[Xinhua]]></category>
		<category><![CDATA[Xinhua News Agency]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15887</guid>
		<description><![CDATA[China Xinhua News Network Corporation, the Chinese state-owned television network owned by the Xinhua News Agency, announced that the restructuring and listing of the video assets of the Xinhua News Agency has been completed in Hong Kong, providing international capital market platform support to the development of the overseas television business of Xinhua News Agency. [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/12/12/15887-foreigners-can-now-invest-in-xinhua-news-agencys-video-offspring/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Taobao.com, Coach Form Internet Alliance Against Chinese Fakes</title>
		<link>http://www.chinatechnews.com/2011/12/08/15878-taobao-com-coach-form-internet-alliance-against-chinese-fakes</link>
		<comments>http://www.chinatechnews.com/2011/12/08/15878-taobao-com-coach-form-internet-alliance-against-chinese-fakes#comments</comments>
		<pubDate>Wed, 07 Dec 2011 20:45:58 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Law & Policy]]></category>
		<category><![CDATA[Alibaba]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2C]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Coach]]></category>
		<category><![CDATA[counterfeit]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[fake product]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[intellectual property right]]></category>
		<category><![CDATA[Internet shopping]]></category>
		<category><![CDATA[IPR]]></category>
		<category><![CDATA[jewelry]]></category>
		<category><![CDATA[luggage]]></category>
		<category><![CDATA[luxury goods]]></category>
		<category><![CDATA[luxury retail]]></category>
		<category><![CDATA[Macau]]></category>
		<category><![CDATA[MOU]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Taobao]]></category>
		<category><![CDATA[trademark]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15878</guid>
		<description><![CDATA[Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website. This is reportedly the first time for Coach to cooperate in this manner with [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/12/08/15878-taobao-com-coach-form-internet-alliance-against-chinese-fakes/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Digital China Reported HKD665 Net Profit In Interim Results</title>
		<link>http://www.chinatechnews.com/2011/11/25/15838-digital-china-reported-hkd665-net-profit-in-interim-results</link>
		<comments>http://www.chinatechnews.com/2011/11/25/15838-digital-china-reported-hkd665-net-profit-in-interim-results#comments</comments>
		<pubDate>Fri, 25 Nov 2011 02:01:29 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[Digital China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[sourcing]]></category>
		<category><![CDATA[supply chain]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15838</guid>
		<description><![CDATA[Digital China Holdings Limited has published its unaudited interim results for the six months ended September 30, 2011, stating that its operating revenue increased by 23.87% year-on-year to HKD34.138 billion and its profit attributable to equity holders increased by 23.91% year-on-year to HKD665 million. During the reporting period, Digital China's overall gross profit margin reached [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/11/25/15838-digital-china-reported-hkd665-net-profit-in-interim-results/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Huawei To Acquire 49% Stake In Security JV With Symantec</title>
		<link>http://www.chinatechnews.com/2011/11/16/15811-huawei-to-acquire-49-stake-in-security-jv-with-symantec</link>
		<comments>http://www.chinatechnews.com/2011/11/16/15811-huawei-to-acquire-49-stake-in-security-jv-with-symantec#comments</comments>
		<pubDate>Wed, 16 Nov 2011 01:06:32 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Security]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[Cloud Computing]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Huawei]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[joint venture]]></category>
		<category><![CDATA[JV]]></category>
		<category><![CDATA[Symantec]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15811</guid>
		<description><![CDATA[Chinese telecom equipment maker Huawei Technologies Company Limited has announced that the company will acquire a 49% stake in Huawei Symantec Technologies Company Limited, a joint venture established by Huawei and Symantec, for USD530 million. The transaction is subject to regulatory approvals and is expected to close in the first quarter of 2012. On the [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/11/16/15811-huawei-to-acquire-49-stake-in-security-jv-with-symantec/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>Apple&#039;s iPhone 4S Coming To Hong Kong This Week</title>
		<link>http://www.chinatechnews.com/2011/11/09/15786-apples-iphone-4s-coming-to-hong-kong-this-week</link>
		<comments>http://www.chinatechnews.com/2011/11/09/15786-apples-iphone-4s-coming-to-hong-kong-this-week#comments</comments>
		<pubDate>Tue, 08 Nov 2011 22:58:43 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[3G]]></category>
		<category><![CDATA[Albania]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Armenia]]></category>
		<category><![CDATA[Bulgaria]]></category>
		<category><![CDATA[China Unicom]]></category>
		<category><![CDATA[El Salvador]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Guatemala]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Malta]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[mobile phone]]></category>
		<category><![CDATA[Montenegro]]></category>
		<category><![CDATA[New Zealand]]></category>
		<category><![CDATA[Panama]]></category>
		<category><![CDATA[Poland]]></category>
		<category><![CDATA[Portugal]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Romania]]></category>
		<category><![CDATA[smartphone]]></category>
		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[Wireless]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15786</guid>
		<description><![CDATA[Apple's latest smartphone product iPhone 4S will start retail sales in Hong Kong on November 11, 2011. Apart from Hong Kong, there are another 14 countries and regions which will become the second batch to introduce iPhone 4S, including South Korea, Albania, Armenia, Bulgaria, El Salvador, Greece, Guatemala, Malta, Montenegro, New Zealand, Panama, Poland, Portugal [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/11/09/15786-apples-iphone-4s-coming-to-hong-kong-this-week/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are You Smart Enough To Work For Microsoft In China?</title>
		<link>http://www.chinatechnews.com/2011/10/20/15704-are-you-smart-enough-to-work-for-microsoft-in-china</link>
		<comments>http://www.chinatechnews.com/2011/10/20/15704-are-you-smart-enough-to-work-for-microsoft-in-china#comments</comments>
		<pubDate>Thu, 20 Oct 2011 08:06:22 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[Beijing University]]></category>
		<category><![CDATA[Chengdu]]></category>
		<category><![CDATA[Cloud Computing]]></category>
		<category><![CDATA[Guangzhong]]></category>
		<category><![CDATA[Hangzhou]]></category>
		<category><![CDATA[Harbin]]></category>
		<category><![CDATA[Hefei]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[human resource]]></category>
		<category><![CDATA[Internet recruitment]]></category>
		<category><![CDATA[Kinect]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[Nanjing]]></category>
		<category><![CDATA[online recruitment]]></category>
		<category><![CDATA[Peking University]]></category>
		<category><![CDATA[recruitment]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[university]]></category>
		<category><![CDATA[Windows]]></category>
		<category><![CDATA[Wireless]]></category>
		<category><![CDATA[Wuhan]]></category>
		<category><![CDATA[Xi'an]]></category>
		<category><![CDATA[Zhang Yaqin]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15704</guid>
		<description><![CDATA[Beijing technology entrepreneurs and software firms should shut their doors and turn off the lights, as Microsoft China might be aiming at hiring away some top young talent. With the launch of a campus recruitment activity in Peking University, Microsoft China has started its newest recruitment round for the 2012 fiscal year and the company [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Apple&#039;s First Store In Hong Kong Opens Next Week</title>
		<link>http://www.chinatechnews.com/2011/09/13/15626-apples-first-store-in-hong-kong-opens-next-week</link>
		<comments>http://www.chinatechnews.com/2011/09/13/15626-apples-first-store-in-hong-kong-opens-next-week#comments</comments>
		<pubDate>Tue, 13 Sep 2011 00:17:42 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[iPad]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Shanghai]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15626</guid>
		<description><![CDATA[Apple will reportedly open its first specialty store in Hong Kong on September 24, 2011. According to reports in Chinese local media, the new Apple store will reportedly be located inside the International Finance Center Mall, which has four floors of shopping area and over 200 vendors. With over 300 employees, the new Apple store [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/09/13/15626-apples-first-store-in-hong-kong-opens-next-week/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China&#039;s Suning Net Profit Up 25.35% In H1 2011</title>
		<link>http://www.chinatechnews.com/2011/08/04/15515-chinas-suning-net-profit-up-25-35-in-h1-2011</link>
		<comments>http://www.chinatechnews.com/2011/08/04/15515-chinas-suning-net-profit-up-25-35-in-h1-2011#comments</comments>
		<pubDate>Thu, 04 Aug 2011 01:25:06 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[ERP]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Suning]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15515</guid>
		<description><![CDATA[Chinese home appliances and electronics retailer Suning has announced its results for the first half of 2011. The company stated that its operating revenue increased by 22.68% year-on-year to CNY44.23 billion from January to June 2011; its net profit increased by 25.35% year-on-year to CNY2.47 billion; and the number of its chain stores reached 1,488. [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2011/08/04/15515-chinas-suning-net-profit-up-25-35-in-h1-2011/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SMIC Appoints New Acting CEO After Exec Departs</title>
		<link>http://www.chinatechnews.com/2011/07/19/15463-smic-appoints-new-acting-ceo-after-exec-departs</link>
		<comments>http://www.chinatechnews.com/2011/07/19/15463-smic-appoints-new-acting-ceo-after-exec-departs#comments</comments>
		<pubDate>Mon, 18 Jul 2011 23:35:46 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[chip]]></category>
		<category><![CDATA[David N.K. Wang]]></category>
		<category><![CDATA[foundry]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[manufacturing]]></category>
		<category><![CDATA[semiconductor]]></category>
		<category><![CDATA[Semiconductor Manufacturing International Corporation]]></category>
		<category><![CDATA[SMIC]]></category>
		<category><![CDATA[Tsinghua University]]></category>
		<category><![CDATA[Zhang Wenyi]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=15463</guid>
		<description><![CDATA[Following the abrupt resignation of its CEO last week, Semiconductor Manufacturing International Corporation has now named a new leader for the company. Zhang Wenyi has been appointed SMIC's chairman, executive director, and acting CEO with effect from July 15, 2011. The company says it will continue its search for a suitable candidate to fill the [...]]]></description>
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		<slash:comments>0</slash:comments>
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