China News Digest: July 16-18, 2016

The following press releases and news reports about China companies were carried on July 16-18. To view a full article or story, click on the link next to the headline.
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• Baidu (Nasdaq: BIDU) Aims to Buy AC Milan Soccer Club for $437 Mln – CCTV (Chinese article)
• WeChat International Team Leader Defects to Facebook (Nasdaq: FB) (Chinese article)
• Samsung Seeks Stake in China Electric Carmaker BYD (HKEx: 1211) (English article)
• China Telecom (HKEx: 728) to End Domestic Roaming Fees, Focus on Internet of Things (Chinese article)
• LeEco (Shenzhen: 300104) Denies Plans to Acquire Low-Cost TV Maker Vizio (Chinese article)