Chinese electronics retailer Suning has published a report which states that it will issue no more than 200 million new non-public shares at the price of at least CNY15 per share to finance CNY2.8 billion for eight new projects.

Chinese online game developer and operator The9 (NCTY) has announced that to protect the interests and rights of the company and its shareholders, its board of directors has approved a poison pill plan against hostile takeover.

Chinese online game developer Shanda (SNDA) has expanded the aggregate dollar value of outstanding shares and may repurchase under its current share repurchase program from USD200 million to USD300 million.

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.

Chinese B2B e-commerce group Alibaba.com has notified the Hong Kong Stock Exchange that the company has spent HKD4,296,950 buying back one million shares at prices ranging from HKD4.23 to HKD4.35 per share.

By ChinaTechNews.com Editorial Team The uproar this week over Chinese Internet search engine Baidu.com's (BIDU) pharmaceutical paid search listings and advertisements gives further reason to believe that stock analysts should drop the "yst" from their monikers and Baidu's management should be hung out to dry.

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.

Chinese online game company Giant Interactive (GA) has announced that its board of directors has approved a share repurchase program.

Cui Jianping, founder and CEO of Asia Media Company Limited, the first Chinese company listed on the Tokyo Stock Exchange Market in Japan, has resigned, after taking the blame for embezzling the company's funds.

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.

Chinese online communications service provider Net263 Network Communication Co., Ltd. announced that it had not passed the review of the Chinese securities regulatory department for implementing an initial public offering.

CDC Corporation's (CHINA) subsidiary China.com has filed an announcement with the Hong Kong GEM Market to get approval from its independent shareholders to purchase up to US$10 million of CDC Corporation’s stock, which has plummeted about 60% over the last year.

Chinese wireless value-added services firm Linktone (LTON) has announced the successful completion of the previously-announced strategic investment by Indonesia's PT Media Nusantara Citra Tbk.