Shenzhen Informer

Sex torture suspect says he paid girl for her services A man from Shenzhen, Guangdong Province, accused of kidnapping, raping and torturing a 17-year-old girl from Hunan Province told police he had made a deal with her to buy her virginity for 20,000 yuan ($ 3,200), the Nandu Daily reported Thursday. Read more on People’s [...]

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Qianhai experimental zone won't be expanded, says Shenzhen mayor As for the issue of expansion, we have not touched on that yet," Xu said at a media briefing when asked about speculation that officials overseeing the Shenzhen Special Economic Zone were going to expand the Qianhai area. At the news conference, for … Read more [...]

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Illumina Says It Was Second Bidder for Complete Genomics BGI-Shenzhen, a Chinese operator of genome-sequencing centers, agreed to acquire Complete Genomics in September for $ 3.15 a share, or about $ 117.6 million, to expand in the U.S. market for medical and research DNA testing. The board of Complete … Read more on Bloomberg

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Buffett-Backed Carmaker BYD Says Profit May Plunge by 98% Shenzhen-based BYD, which gets about half its revenue from autos, also faced faltering car sales in China amid increasing competition. “The solar division is to blame for the poor results and we see no quick turnaround in this troubled division … Read more on Bloomberg

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NVMN President Says Lithium Price Negotiations Have Quickly Escalated to … (OBB:NVMN) President James Dilger arrived in China last Friday for the purpose of negotiating lithium pricing with two battery manufacturing companies located in Shenzhen. Today, Dilger reports that he has physically met with five different Chinese … Read more on MarketWatch (press release)

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