China Banking Research

Oct

Baidu the biggest winner in the Ctrip and Qunar’s tie-up

Chinese largest online travel company Ctrip.com International Ltd announced a 45% tie-up with its competition Qunar Cayman Islands Ltd to create an absolute dominant position for China’s fiercely competitive online travel market.

Oct

China Banking Research

Wincor Nixdorf acquisition will bolster Diebold’s position on ATM market in China

The US ATM manufacturer Diebold is discussing a potential takeover with Wincor Nixdorf, a German ATM manufacturer. Wincor Nixdorf was offered approximately EUR 1.74 billion at EUR 52.50 per share, a price which includes a 30% premium over the stock price on the date of the offering. The two companies…

Sep

China Banking Research

Facing hard choices in the midst of China’s new banking cyber-security law, Cisco announces a $10 billion China initiative starting with a local JV with Inspur

With growing national security concerns surrounding imported western network equipment, China’s intensions have been to utilise homegrown network equipment to support its IT infrastructure. Tech giants like Cisco have been displaced to the sidelines with shrinking market share and deflating revenues in the Chinese market. It seems Cisco, who was…

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China Banking Research