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  • September 23, 2014
  • Last updated: 11:25pm
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  1. Property - Hong Kong & China - INTERNET

    China’s online retail market squeezes bricks-and-mortar shops

    Posted Sep 23rd 2014, 10:07am by Peggy Sito

    ... But it will happen.” In 2012, Wang Jianlin, chairman of Wanda Group, China’s biggest commercial developer, made a bet with Jack Ma Yun that he would pay the Alibaba chairman 100 million yuan (HK$126 million) ...

    http://www.scmp.com/property/hong-kong-china/article/1598016/chinas-online-retail-market-squeezes-bricks-and-mortar
  2. Business - China Business - INTERNET

    UnionPay relaunches online service for mainland shoppers

    Posted Sep 11th 2014, 06:02am by Daniel Ren

    ... UnionPay, the mainland's dominant payment service provider, has hopped on the bandwagon of haitao- cross-border online shopping by mainland consumers- as it relaunched its online trading ... payment services, with other cards barred from the online shop. E-commerce is growing by leaps and bounds on the mainland, with online payments hitting 17.2 trillion yuan (HK$21.7 trillion) last ...

    http://www.scmp.com/business/china-business/article/1589746/unionpay-relaunches-online-service-mainland-shoppers
  3. News - World - INTERNET

    Chinese hackers targeted US military contractors, Senate panel committee finds

    Posted Sep 18th 2014, 04:59am by Reuters in Washington

    ... over cyber espionage. In May US authorities charged five Chinese military officers, accusing them of hacking into American nuclear, metal and solar companies to steal trade secrets. Last month, ...

    http://www.scmp.com/news/world/article/1595037/chinese-hackers-targeted-us-military-contractors-claims-senate-committee
  4. Business - Companies - INTERNET

    Online liquor store Jiuxian lands 300m yuan investment

    Posted Aug 21st 2014, 06:37pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com China’s largest online alcohol retailer Jiuxian announced it had received a 300 million yuan (HK$377.9 million) equity investment from several ... to the Beijing-based retailer’s sixth round of financing, according to Tech in Asia. Jiuxian has raised almost 1 billion yuan in financing since 2011, including from Sequoia Capital, which also invests ...

    http://www.scmp.com/business/companies/article/1578566/online-liquor-store-jiuxian-lands-300m-yuan-investment
  5. Business - China Business - INTERNET

    China Everbright chief unfazed by rise of internet finance

    Posted Sep 08th 2014, 04:13am by DON WEINLAND

    ... a weakness as average Chinese opted to put hundreds of billions of yuan into online finance funds offering annual returns the banks simply could not compete with. Yu E Bao, an online money market ... the industry and its regulations. "When raising capital, who can imagine that in one day you can bring in four billion [HK$5 billion] to five billion yuan? For people in the traditional finance ...

    http://www.scmp.com/business/china-business/article/1587419/china-everbright-chief-unfazed-rise-internet-finance
  6. News - China Insider - INTERNET

    'Closest thing China has to a presidential debate': face-off between two geeks over a mobile phone

    Posted Aug 28th 2014, 08:24pm by Chris Luo

    ... and his companies advertised. The T1 is the first product Smartisan released in the mainland. It launched months ago and sells for 3,000 yuan (HK$3,775) each. The entire debate dragged ... by questioning his review’s motive and pointing out that Zealer received eight million yuan in investments from four domestic smartphone makers. Wang responded that his company’s operation and editorial ...

    http://www.scmp.com/news/china-insider/article/1581473/battle-geeks-chinas-first-live-tech-debate-clicks-28-million
  7. News - World - INTERNET

    'Treat cyber crime like deadly disease': security experts call for aggressive government action

    Posted Aug 11th 2014, 04:49am by Reuters

    ... concerned about technologically sophisticated enemies using malware to sabotage utilities, wipe out data stored on computer drives, and steal defence and trade secrets. Such fears, along ...

    http://www.scmp.com/news/world/article/1570864/treat-cyber-crime-deadly-disease-security-experts-call-aggressive
  8. News - Hong Kong - INTERNET

    Alert over increase in online scams as e-commerce grows

    Posted Aug 12th 2014, 05:03am by MICHAEL DE WAAL-MONTGOMERY

    ... a Hong Kong discount trading website last year, but didn't receive their products. Public records show that the company, Import Stock, incorporated in Hong Kong in March 2010, went ...

    http://www.scmp.com/news/hong-kong/article/1571557/alert-over-increase-online-scams-e-commerce-grows
  9. News - Hong Kong - INTERNET

    CUHK just one of data hijackers' half a million targets

    Posted Aug 07th 2014, 04:25am by DANNY LEE

    ... year worth about HK$100 per bitcoin, and is now worth about triple that. "If income from extortion has an effect on trading activity, [the bitcoin community] have a huge problem," ...

    http://www.scmp.com/news/hong-kong/article/1567854/cuhk-just-one-data-hijackers-half-million-targets
  10. News - World - INTERNET

    Talk on identifying users of internet privacy service Tor cancelled

    Posted Jul 22nd 2014, 11:45pm by Reuters

    ... advantage of its cloak of anonymity. The Black Hat conference, one of the longest-running and best-attended security trade shows in the world, is scheduled for Las Vegas on August 6-7. Corley said ...

    http://www.scmp.com/news/world/article/1557262/talk-identifying-users-internet-privacy-service-tor-cancelled

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