Autohome Inc. (NYSE: ATHM), one of China's two overseas listed auto websites, in which the controlling stake was sold recently by Telstra to Ping An Insurance, exceeded its forecast for revenue and profitability in the second quarter that ended on June 30, 2016, the company announced on August 16.
E-House announced the completion of the merger with E-House Merger Sub, paving the way for E-House to delist from the New York Stock Exchange, go private, and possibly listing in China.
In the quarter that ended on June 30, Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) achieved the highest growth rates for key indicators since its IPO.
JD.com, the largest Chinese e-commerce company by revenue, published its financial results for Q2 on Aug. 10 - and the basic message was positive.
China's No. 2 job site 51job, reported "generally stable market demand" for its online recruitment services in Q2 of FY2016.
At an extraordinary general meeting held on August 5, shareholders of E-House (China) Holdings, one of China's leading real estate services companies, voted in favor of a proposal to authorize a merger plan which paves the way for delisting from the New York Stock Exchange.
NYSE-listed E-House called an extraordinary general meeting (EGM) of shareholders at 2 p.m. (Beijing time) on Aug. 5, at the company's office in Shanghai to vote on the plan to delist and continue as a private company.
A consortium of investors pumped $550 million in cash into Yixin Capital, the auto-finance subsidiary of Bitauto.
In a new twist to the ongoing Autohome saga, it is now reported in the Chinese media that a significant number of the company's senior managers has received the marching orders.
SouFun Holdings, operator of the Chinese real estate internet site Fang, has delayed its attempt to list on the Shanghai Stock Exchange, and the plan may be dead altogether.