Chinese electronics retailer Suning has published a report, which states that it will issue up to 200 million new non-public shares at a price of at least CNY15 per share to raise CNY2.8 billion for eight new projects.

According to reports in local Japanese media, the Japanese electronics retailer Laox is in discussions with the Chinese home appliances retailer Suning and plans to sell parts of its stake to the latter.

China Telecom's Beijing branch has opened a flagship store on the Internet shopping website Taobao.com.

It is reported that U.S. private equity firm Bain Capital is to buy a 18% stake in China's electronic retail giant Gome for USD400 million.

Electronics retail giant Best Buy has announced the official opening of its Xinzhuang store in Shanghai.

Chinese electronics retailer Suning has signed an agreement with three universities in Beijing to be their designated entrepreneurial base to help university students find jobs and to improve their employment status.