Shanda Literature, the Internet literature subsidiary of Shanda Interactive Entertainment Limited, has acquired the Chinese Internet literature website Rongshu.com, with a shareholding ratio of over 51%.

According to Liu Qiangdong, chairman of the Chinese B2C e-commerce platform 360buy.com, the company is expected to realize annual sales of over CNY4 billion in 2009.

According to an executive from Beijing Wuxian Xunqi Information Technology Company, the exclusive operator of China Mobile's 12580 comprehensive service platform, the company plans to launch its initial public offering in the next one or two years.

Chinese media is filled today about news that Wang Wei, founder and CEO of the Chinese online video company Tudou.com, has denied a rumor of plans for his company to go public.

Feeding an appetite in the West for Chinese Internet company stocks, a new initial public offering is ready to ignite.

CDC Software Corporation, a subsidiary of China-based CDC Corporation, announced the pricing of its initial public offering of 4,800,000 American depositary shares, each representing one share of its class A ordinary shares, at USD12.00 per ADS.

Chinese online gaming firm Changyou.com Limited has announced its unaudited financial results for the second quarter ended June 30, 2009.

CDC Corporation's subsidiary CDC Software Corporation is finally making its initial public offering by offering 4.8 million shares in the USD11.00-13.00 estimated price range in the United States.

Chinese online entertainment and game developer Shanda Interactive Entertainment Limited says it plans to have its online business go public in the United States.

China-based CDC Corporation has officially announced plans to launch an initial public offering for its enterprise software subsidiary.

Sohu.com, the Chinese Internet portal that in recent years has subsided from giving overseas investors much guidance on its product development except for quarterly conference calls, has reared its head to announce that Credit Suisse, Merrill Lynch, Citi and Susquehanna Financial Group are all ready to cash in on the initial public offering of Sohu's [...]

Chinese online game developer Perfect World (PWRD) will repurchase 18,750,000 shares of its Class A ordinary shares for approximately USD56.6 million from SB Asia Investment Fund II, L.P., and an affiliate of SAIF.

China's Focus Media (FMCN) announced that its wholly owned subsidiary Allyes Online Media Holding Ltd. is preparing to be listed in the United States.