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Stock Market & Financial Investment News

News Breaks
August 12, 2014
07:07 EDTCMCMCheetah Mobile to acquire addition 22.2% interest in Moxiu Technology
Cheetah Mobile announced that it has entered into a Share Purchase Agreement with Beijing Starsinhand Technology Company, a subsidiary of Tencent Holdings, to acquire an additional approximately 22.2% equity interest in Moxiu Technology for a total consideration of RMB30M in cash. Upon completion of the transaction under the Share Purchase Agreement, Cheetah will become the majority shareholder of Moxiu Technology, holding approximately 50.5% equity interest.
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September 9, 2014
12:08 EDTCMCMShort interest in Cheetah Mobile soars as stock rises, Bloomberg reports
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