E.g., 2021-01-26
E.g., 2021-01-26
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    Fathom China

    Short Report: China Southern Accused Of Callousness

    A passenger generates national sympathy in accusing China Southern Airlines of inadequately responding to a medical emergency.

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    Fathom China

    Short Report: Gome Stores Fined For False Ads

    China’s leading home appliance retailer is fined for false advertising at its stores.

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    Fathom China

    Short Report: JD Shuts Down Marketplace For Small Sellers

    E-commerce giant JD.com is closing its online marketplace, Paipai, in an acknowledgement that it cannot compete with its archrival service, Taobao.

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    Fathom China

    Short Report: JD Complains About Alibaba, Others

    E-commerce giant JD.com appears insecure as it complains to Chinese regulators about unfair business practices at Alibaba and about subsidies offered to local e-commerce companies.

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    Fathom China

    Project A: China International Travel Service

    China International Travel Service

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    Fathom China

    Short Report: Baidu Mobile Apps Face Security Risks

    China’s top online security monitoring website has announced huge security risks on Baidu’s mobile apps – tens of millions of users could be vulnerable to attack.

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    Fathom China

    Short Report: Citic And Citadel Deeper In The Doghouse

    Chinese authorities have detained another senior executive of the country’s top brokerage as a legal net seems to tighten around US-based investment giant Citadel.

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    Fathom China

    Short Report: Corruption At State-run Parent Companies

    China’s corruption watchdog has uncovered financial wrongdoing at several state-owned companies with overseas-listed subsidiaries. Its investigations provide a window into wrongdoing at state-owned firms, though CCDI generally intends to punish companies without harming their long-term performance.

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    Fathom China

    Short Report: Large-scale data breach at NetEase

    China’s top online security monitoring company has discovered a large-scale data breach affecting close to 500m users of the country’s largest email service provider.

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    Fathom China

    Short Report: Soufun sales agents write fake orders

    Soufun is struggling with its new business model after discovering that more than a thousand salespeople engineered fake transactions to earn illicit commissions.

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    Fathom China

    Short Report: JD Accused Of Bribing Government Officials

    China’s best-known consumer-rights activist accuses an e-commerce giant of covering up consumer complaints by bribing low-level government officials.

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    Fathom China

    Project A: Neusoft

    Neusoft is a state-run technology company that is China’s largest IT services provider. But its main business has been hit by increased competition, commoditization and shrinking margins. As a result, the company has launched several initiatives in the healthcare sector, aiming to build on its existing medical devices business.

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    Fathom China

    Profile: Vipshop Holdings

    Vipshop has become the go-to online discount store for brands seeking to dump excess inventory. But the firm is now transitioning away from its initial business model, as it it increasingly also sells non-discounted, in-season clothing. So far, Vipshop’s shift does not appear to have alienated its mainly young and female customer base.

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    Fathom China

    Short Report: Huishan Hullaballoo Appears Over

    Government regulators who said they had detected poison in the milk of a major Chinese dairy producer now says the milk is fine.

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    Fathom China

    Short Report: CIFI Accused Of Shoddy Work

    A top property developer faces complaints of shoddy construction and false advertising at a high-end apartment complex.

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    Fathom China

    Short Report: Poison Detected In Huishan Dairy Milk

    Health officials in northern China have discovered a poisonous chemical related to cyanide in milk products made by a leading Chinese dairy; product sales appear to have been suspended.

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    Fathom China

    Short Report: China Coal Energy Veteran Chairman Departs

    The veteran chairman of China’s second-biggest coal company has been reassigned by his Communist Party masters amid rising losses, highlighting the risk of sudden leadership changes at state-run companies.

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    Fathom China

    Short Report: Tencent’s Financial Services Stumble

    China’s social-media and gaming Internet giant has in rapid succession lost two senior executives in charge of financial services.

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    Fathom China

    Short Report: Rumor: China Merchants Land Arrest

    Widespread online rumors say Chinese authorities have detained the chairman of China Merchants Land for corruption.

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    Fathom China

    Project A: Shuanghui Investment and Development

    Shuanghui is the biggest pork producer in a nation of pork lovers. It is a subsidiary of WH Group, which also owns American pork giant Smithfield Foods. The pork industry is modernizing fast, with backyard pig farmers going out of business, and Shuanghui is well-positioned to remain China’s leading pork producer.

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    Fathom China

    Profile: Alibaba Health Information Technology

    Ali Health, one of several offspring of e-commerce giant Alibaba Group, plans to sell drugs online and provide cloud-based services for hospitals and patients. But because China’s health care system is dominated by powerful hospitals and overseen by weak regulators, Ali Health’s grand plans to take health care online have limited prospects.

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    Fathom China

    Short Report: Alibaba Pictures Struggles After Arrest

    Alibaba Group Holding has missed a key deadline for an entertainment service following the arrest of a senior executive at its entertainment subsidiary.

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    Fathom China

    Short Report: Safety Hazards At Vanke Homes

    A leading real estate developer stands accused putting more than 3,000 households at risk by cutting corners on safety exits.

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    Fathom China

    Short Report: Ctrip Accused Of Breaching Anti-trust Laws

    Travel search engine Qunar accuses the country’s largest online travel booking site of anti-monopoly violations, and subsequent tit-for-tat shows cutthroat competition in China’s online travel industry.

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    Fathom China

    Short Report: Internet Celebrity Attacks Jumei

    A well-known Internet commentator accuses China’s biggest online cosmetics seller of knowingly selling fake products under the leadership of its narcissistic chairman.

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    Fathom China

    Short Report: Retention Questions At China Mobile

    China’s largest mobile network operator plans to cut executive pay, with senior-level departures expected to follow.

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    Fathom China

    Short Report: Power Struggle At Changhong Goes Public

    A senior Communist Party official at a state-run TV maker publicly accuses his company’s chairman of causing US$150m in losses through abuse of power.

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    Fathom China

    Short Report: Supplier Complains Of Suning Practices

    A consumer electronics brand compares Suning unfavorably to other Chinese online retailers.

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    Fathom China

    Short Report: Criticism Of JD Goes Viral

    A celebrity writer in China launches a viral criticism campaign against the country’s second largest e-commerce site after receiving a box of rotten fruit.

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    Fathom China

    Short Report: Vipshop Accused Of Price Fraud

    China’s largest flash-sale website stands accused of false discounts.

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    Fathom China

    Project A: Huayu Automotive Systems

    Huayu Automotive is a leading state-run maker of auto parts, a holding company formed to execute a policy to consolidate the domestic industry. It has expanded rapidly through acquisitions, often by buying the China assets of foreign companies, and by setting up joint ventures. It remains closely entagled with its controlling shareholder, SAIC.

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    Fathom China

    Profile: JD.com

    JD.com is the biggest challenger to China’s undisputed heavyweight ecommerce champion, Alibaba Group. JD.com is a retailer rather than a platform for third-party sellers. This business model means JD.com is saddled with higher logistics costs, but also earns loyalty from customers who like its quick service and quality assurance.

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    Fathom China

    Short Report: Obscene Content At Cheetah

    China’s Internet watchdog trips up Cheetah Mobile for obscene pop-ups on its anti-virus products.

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    Fathom China

    Short Report: JD Fined For Price Gouging

    Beijing’s price watchdog fines China’s biggest direct-sales e-commerce company for price gouging.

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    Fathom China

    Short Report: Vanke Accused Of Shoddy Work

    China’s largest property developer faces complaints of moldy floors and cracked pipes at a high-profile Shanghai apartment complex.

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    Fathom China

    Short Report: Lenovo’s Uncertain Mobile Future

    One of the world’s largest PC and handset maker has removed the veteran executive in charge of its handset unit amid declining market share.

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    Fathom China

    Project A: Jiangsu Hengrui Medicine

    Jiangsu Hengrui Medicine (“Hengrui”) is a leading pharmaceutical maker in China. It enjoys a good reputation for producing high-quality generic drugs, and has suffered no debilitating scandals. Hengrui has an unusual relationship with a competitor, Jiangsu Hansoh Pharmaceutical (“Hansoh”), which is run by the wife of Hengrui’s CEO. The two companies seem to work more closely together than is reflected in Hengrui’s published statements.

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    Fathom China

    Profile: China Huishan Dairy Holdings

    Huishan Dairy is one of many firms cashing on China’s surging demand for dairy products. Huishan says much of its growth comes from northeastern China, particularly its home province of Liaoning. We examined Huishan’s operations in Liaoning and found minimal evidence of the rapid growth that the company claims in its public statements.

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    Fathom China

    Short Report: Ctrip Staff Error Costs Millions

    China’s largest online travel agency blames a staff error for an uninsured service outage that costs millions of dollars.

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    Fathom China

    Short Report: JD Accused Of Selling Rotten iPhones

    China’s largest online direct sales company faces criticism from the country’s main state-run television station for selling refurbished iPhones that are defective.

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    Fathom China

    Short Report: 58.com On Acquisition Spree

    China’s largest classifieds website has spent more than US$1.6 bn to buy a grab bag of companies, and early indications suggest that many mergers are not smooth.

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    Fathom China

    Short Report: China Southern Exec Takes A Bogie

    China’s punishment of a China Southern executive for golfing with public funds indicates that the Communist Party’s investigation of the airline continues.

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    Fathom China

    Short Report: Qihoo caught cheating in global tests

    Three of the world’s top security software accreditors have revoked certifications awarded to a leading Chinese software developer in 2015 for cheating on software-performance tests.

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    Fathom China

    Profile: Soufun Holdings

    Soufun Holdings

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    Fathom China

    Short Report: Hospital Boycott Could Bleed Baidu

    China’s largest search engine risks a double-digit drop in ad revenue thanks to a tiff with the country’s biggest private hospital group.

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    Fathom China

    Short Report: Source: Hanergy loses key bank deal

    A special investigation in a Chinese magazine has revealed that China’s policy lender, China Development Bank, has cut off a line of credit to Hanergy Holding Group, which could deprive the company of funds to purchase equipment from its listed subsidiary, Hanergy Thin Film Power Group.

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    Fathom China

    Short Report: Hanergy Sells Assets To CFO Of Scammy Firm

    A key individual in the purchase of assets from a leading Chinese solar company once served as CFO of a notorious chicken farm that admitted faking revenue before being delisted from the Nasdaq stock exchange.

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    Fathom China

    Short Report: JD Accused Of Bogus Orders, Fake Revenue

    China’s second largest e-commerce company stands accused of faking revenue by allowing third-party sellers to create bogus transactions.

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    Fathom China

    Profile: Biostime International Holdings

    Biostime is an up-and-coming leader in China’s infant-formula industry. Its has the most successful domestic brand at the high end of the market, and its new medium-priced brand is expanding quickly into lower-tier cities. Chinese consumers like Biostime’s products because they are imported—indeed, many buyers mistakenly think they are French.

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    Fathom China

    Short Report: Wuxi Pharmatech Plans New Drug

    The world’s largest pharmaceutical research lab is preparing to launch its own drug, a move that risks upsetting its big-pharma clients.

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