News Digest: July 8, 2011

The following press releases and media reports about Chinese companies were carried on July 8. To view a full article or story, click on the link next to the headline.

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◙ HP (NYSE: HPQ) CEO Says Starting to Regain Lost Market Share in China (Chinese article)

◙ Online Retailer Yihaodian, Backed by Wal-Mart (NYSE: WMT), May Sell Shares (English article)

◙ Goldman Sachs Predicts TD-LTE to Cover 2.7 Bln Asian Users by 2013 (Chinese article)

◙ Tencent (HKEx: 700) to Purchase 16% of Kingsoft (HKEx: 3888) for $115 Mln (English article)

◙ TCL Comms (HKEx: 2618) Sees Big Profit Growth in H1, Handset Sales up 38 Pct (Chinese artlcle)