China Mobile (941 HK) goes Silicon Valley

China Mobile has successfully launched Jego, an app for online communication and instant messaging. Read More, Want China Times

HONG KONG: CLOSING WRAP, 21May2013

Ouch that hurts… Inflation; Tencent on intellectual property; ICAC to investigate HKMEx?; Galaxy Securities IPO already popping; The QDII through train; Here’s what you missed today.

Who owns WeChat posts?

Seriously if you expect intellectual property protection from a Chinese company you need to get your head examined.

From Tech In Asia:

Obviously, this doesn’t really clear up the question of who ultimately owns WeChat content. We’ve contacted Tencent for clarification as well, and will update this story when we hear back, but we also thought it might be prudent to check the terms and conditions for WeChat globally. These may differ from the terms users of the app must agree to in China, but the global terms don’t seem to address the question of who owns the content users create and transmit through WeChat one way or the other. Hmm.

HONG KONG: BEFORE THE OPEN, 16May2013

Tencent brought the goods last night with Q1 earnings, HSBC axing more bankers, Cathay traffic figures continue downward, and Timmy Tong might have some more mates in his jail cell. Here’s what you need to know before the open.

Tencent Q1 profit up 37.4% YoY to RMB4,071mm

MAU of Weixin and WeChat was 194mm up 228% YoY. Boom shakalaka!

Hong Kong Exchange

 

HONG KONG: BEFORE THE OPEN, 14May2013

Cntl+C, Cntl+V doesn’t work for Tencent

From Tech In Asia:

Tencent’s (HKG:0700) chat service QQ is used by over half a billion people and is China’s top app for iPhone and Android. When the QQ mobile apps got a radical update and make-over recently to make them look more like WeChat, Tencent probably thought it was a great idea. But the vast majority of QQ users disagree – to the point of anger, hatred, and vitriol.

TAIWAN: WEEK IN REVIEW, 05Mar2013

HONG KONG: CLOSING WRAP, 17Apr2013

Fetion vs. WeChat :: China Mobile vs. Tencent

From China Daily:

China Mobile Ltd, the nation’s biggest telecom operator, has launched public bidding for operating its Fetion service, an instant messaging tool similar to Tencent Holdings Ltd’s WeChat.