News Digest

The following press releases and media reports about Chinese companies were carried on June 21. To view a full article or story, click on the link next to the headline.

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◙ Renren (NYSE: RENN) Announces Unaudited First Quarter 2011 Financial Results (PRNewswire)

◙ China Telcos Announce May 2011 Subscriber Totals (English article)

◙ BofA (NYSE: BAC) May Sell Part of CCB (HKEx: 939) Stake to Bolster Capital (English article)

◙ Softbank’s Son Says Accord on Alipay Dispute Will Likely Be Reached Soon (English article)

◙ Hewlett-Packard (NYSE: HPQ) Names Steve Gill as China President (Chinese article)

The following press releases and media reports about Chinese companies were carried on June 18-20. To view a full article or story, click on the link next to the headline.

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◙ Tudou Refiles IPO, CEO Settles Divorce Lawsuit (English article)

◙ China’s ICBC (HKEx: 1389) to Buy Standard Bank Argentine Unit, Cronista Says (English article)

◙ Wal-Mart’s (NYSE: WMT) China Vice President Gray Leaves, Following Lawrence, Cissell (English article)

◙ Spreadtrum Announces Share Buy Back and Management’s Intention to Buy Back Stock (PRNewswire)

◙ Dangdang (NYSE: DANG) Announces Senior Management Stock Purchase Plan (PRNewswire)

The following press releases and media reports about Chinese companies were carried on June 17. To view a full article or story, click on the link next to the headline.

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◙ Chinese Banks Back $10 Billion Bid to Build Solar Energy Plants in Europe (English article)

◙ Alibaba Group to Split Taobao Online Retail Unit Into Three (English article)

◙ Mobile Number Portability Trial Period Ends in Tinajin, 50,000 Users Switch (Chinese article)

◙ Alcoa (NYSE: AA) Re-aligns China Strategy to Support Expanding Footprint (Businesswire)

◙ HiSoft (Nasdaq: HSFT) Acquires IT Talent Training Company (English article)

The following press releases and media reports about Chinese companies were carried on June 16. To view a full article or story, click on the link next to the headline.

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◙ China’s Tencent (HKEx: 700) Will Invest $1.5 Billion to Promote Application Developers (English article)

◙ BYD (HKEx: 1211) to Introduce All Electric Buses in Frankfurt (Businesswire)

◙ Wells Fargo (NYSE: WFC), Guodian United Power In Renewable Energy Cooperation (Businesswire)

◙ Baidu (Nasdaq: BIDU) Mobile Browser Android Edition in Beta Testing (Chinese article)

◙ Starwood Hotels (NYSE: HOT) Moves Global HQ to China for 1 Month Managerial Effort (Businesswire)

The following press releases and media reports about Chinese companies were carried on June 15. To view a full article or story, click on the link next to the headline.

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◙ China Raises Reserve Ratio After Industrial Production Outpaces Estimates (English article)

◙ Huawei, TELUS, Carleton U Establish Innovative Enterprise Cloud Services Center (Businesswire)

◙ Jack Ma Addresses Alipay Asset Transfer Controversy (English article)

◙ Ming Yang (NYSE: MY) Accesses Rare Earths, More Upstream Supply Chain Integration (PRNewswire)

◙ China Unicom (NYSE: CHU; HKEx: 762), Sina (Nasdaq: SINA) Sign Strategic Partnership (English article)

The following press releases and media reports about Chinese companies were carried on June 14. To view a full article or story, click on the link next to the headline.

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◙ IPO Candidate Xunlei Received Previous Funding From News Corp’s Murdoch Family (Chinese article)

◙ China Lending Unexpectedly Tumbles, Adding to Evidence Economy Is Slowing (English article)

◙ Google (Nasdaq: GOOG) Maps Leads China’s Mobile Mapping Services in Q1 (English article)

◙ CIT (NYSE: CIT) Closes New RMB 1.8 Billion Vendor Finance China Funding Facility (Businesswire)

◙ LDK (NYSE: LDK), SPI Solar Preferred Suppliers in KDC Solar 3-Yr, 300 Megawatt Deal (PRNewswire)

The following press releases and media reports about Chinese companies were carried on June 11-13. To view a full article or story, click on the link next to the headline.

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◙ Huaneng Renewables (HKEx: 958) Tumbles in Hong Kong Trading Debut (English article)

◙ Tencent (HKEx: 700), Groupon JV Gaopeng Acquiring Group Buy Sites, Plans IPO (English article)

◙ Alibaba.com (HKEx: 1688) Unveils Quarterly Inventor’s Index (Businesswire)

◙ Evergrande (HKEx: 3333) May Sales At RMB 7.78 Bln, Up Over 90% Year-on-Year (PRNewswire)

◙ BOE 8.5G TFT-LCD Plant to Begin Trial Production This Month (English article)

The following press releases and media reports about Chinese companies were carried on June 10. To view a full article or story, click on the link next to the headline.

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◙ China Kid-Focused Web Firm Taomee (NYSE: TAOM) Off 8.6% In Debut (English article)

◙ China’s Sina (Nasdaq: SINA) Extends Stock Losses (English article)

◙ Spreadtrum Acquires Stake in MobilePeak, an HSPA+ Modem Chipset Designer (PRNewswire)

◙ Sky-mobi (Nasdaq: MOBI) Announces Partnership With Jiayuan (NYSE: DATE) (GlobeNewswire)

◙ ZTE (HKEx: 763) Gets $500 Mln in Syndicated Loans Led by Bank of China (Chinese article)

The following press releases and media reports about Chinese companies were carried on June 9. To view a full article or story, click on the link next to the headline.

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◙ Yahoo (Nasdaq: YHOO) Faces U.S. Class Action Suit Over Alipay Transfer (English article)

◙ China Agrees to End Wind-Power Subsidies After WTO Case, Trade Office Says (English article)

◙ Ming Yang (NYSE: MY) Reiterates Commitment to Technology Innovation (PRNewswire)

◙ Car sales stuck in low gear as sales tumble (English article)

◙ Xunlei files for IPO of up to $200 mln (English article)

The following press releases and media reports about Chinese companies were carried on June 3. To view a full article or story, click on the link next to the headline.

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◙ Longtop Financial (NYSE: LFT) Announces Board Acceptance of CFO Resignation (PRNewswire)

◙ Pfizer (NYSE: PFE), Hisun (Shanghai: 600627) in MOU to Up Low-Cost Medicine Access (Businesswire)

◙ Starbucks (Nasdaq: SBUX) Takes Full Ownership of Stores in Central, South & West China (Businesswire)

◙ Yingli Green Energy (NYSE: YGE) Unit Receives RMB 1.16 Billion 5-Year Bank Loan (PRNewswire)

◙ Alibaba CEO Ma ‘Optimistic’ to Reach Deal With Yahoo (Nasdaq: YHOO), Softbank (English article)

The following press releases and media reports about Chinese companies were carried on June 2. To view a full article or story, click on the link next to the headline.

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◙ Lenovo Acquires (HKEx: 992) MEDION AG to Expand Its Business in Western Europe (Businesswire)

◙ Coca-Cola (NYSE: KO) Holding Talks With China as It Considers Shanghai Share Listing (English article)

◙ Canadian Solar (Nasdaq: CSIQ) Announces 600 MW PV Cell Plant Joint Venture (PRNewswire)

◙ China’s Seizure of China Mobile (NYSE: CHL; HKEx: 941) Executive Leads to Wider Probe (English article)

◙ NetQin Mobile (NYSE: NQ) Announces Q1 Results (PRNewswire)