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China's Tudou.com Reinvigorates IPO Plans As CEO Settles Marital Dispute
June 17, 2011Amid a thunderous drop in Chinese companies' market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China.
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China Information Technology's CFO Abruptly Leaves Company
May 30, 2011Nasdaq shares of China Information Technology Inc. plummeted more than 20% last Friday after the company announced the abrupt departure of its chief financial officer.
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Longtop's CFO Quits As Chinese Software Company's Auditor Resigns
May 24, 2011In the middle of flak concerning alleged securities fraud, Chinese financial services software firm Longtop Financial Technologies Limited announced that its chief financial officer, Derek Palaschuk, who was previously CFO at Chinese Internet firms Sohu.com and eLong.com, has resigned.
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Renren.com's Pre-IPO Problems May Not Move China Investors To Run Run
May 3, 2011In China all media is social, so Chinese Internet social media and social networking website Renren.com's initial public offering planned in a few hours should be smooth sailing. However, the departure of a company director over the weekend and recent inconsistencies in its statistics have caused concern for investors.
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Software Firm Benefits In Chinese Financial Services Sector
August 18, 2010Chinese 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.
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Longtop Posts Increasing Revenue In China
November 17, 2009Chinese financial services software firm Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended September 30, 2009, which is the second quarter of its fiscal year ending March 31, 2010, and showed increases in both revenue and profit.
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Longtop Ups Revenue In Chinese Financial Services Software Sector
August 19, 2009Chinese financial services software company Longtop Financial Technologies Limited announced its unaudited financial results for the quarter ended June 30, 2009.
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Longtop Will Not Replace Departing Board Member In China
June 15, 2009Chinese financial services software company Longtop Financial Technologies Limited has announced a resignation from its board and does plan to fill that spot.
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Longtop Posts Increased Software Revenue In China
May 28, 2009Chinese financial services software provider Longtop Financial Technologies Limited has reported its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2009.
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Longtop Makes Tech Acquisition In China
April 29, 2009Chinese financial services software provider Longtop Financial Technologies Limited has entered into a definitive agreement to acquire the business and assets of Sysnet Info-tech Corporation, for an undisclosed sum.
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Global Woes Don't Hamper Longtop's China Growth
February 19, 2009The global financial crisis does not seem to be slowing growth for Chinese financial services software provider Longtop Financial Technologies Limited, as it today announced unaudited financial results for the quarter ended December 31, 2008.
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Longtop Posts Decent Revenue Increase In China
May 19, 2008Longtop Financial Technologies (LFT) just announced its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2008.
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Data Integration Solutions To Assist China's Largest Asset Management Firm
March 21, 2008Chinese financial software firm Longtop (LFT) has signed an agreement to provide data integration solutions to Chinese asset management company China AMC.
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Longtop Completes Software Installation With CDB
March 17, 2008Longtop (LFT), a software developer targeting the financial services industry in China, announced the completion of its implementation of the SWIFT Messaging Process Systems for China Development Bank.
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Longtop To Develop Anti Money-Laundering System In China
March 4, 2008Chinese financial software services developer Longtop (LFT) has signed an agreement with China Minsheng Bank to develop software and solutions for the bank's anti money-laundering system.
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