American technology company HP has held a new strategy, brand and product launch in Shanghai and the company announced that it will open its first experience center in Beijing this month.

Sino Payments Inc. has received a five-year service agreement to provide electronic funds processing for Sogo Department Stores in Hong Kong.

Andrew Keith, newly appointed president of Lane Crawford Hong Kong, has announced the company will start its expansion in mainland China in 2012, and three new chain stores will be opened in Shanghai, Beijing, and Chengdu, successively.

U.S.-based Jaguar Freight Services has opened a new sales office in Shenzhen, marking the company's official entry into mainland China.

Laox, the electronics subsidiary of the Chinese home appliances retailer Suning, has published its report for the 2010 fiscal year, which was actually a report of nine months due to an adjustment of its reporting schedule, stating that the company lost about CNY3.86 million during the reporting period.

Norwegian mobile Internet browser provider Opera Software ASA has announced plans to set up a joint venture with the Chinese mobile phone dealer Telling Telecom Development Company, aiming to develop a customized mobile browser platform for the Chinese market.