China News Digest: June 24, 2016

The following press releases and news reports about China companies were carried on June 24. To view a full article or story, click on the link next to the headline.

  • MIIT to Forbid Non-telcos from Providing Free Enterprise Voice Calling – Reports (English article)
  • Sanpower Group Enters Bidding for McDonald’s (NYSE: MCD) China Stores (Chinese article)
  • Qunar (Nasdaq: QUNR) Announces Receipt of “Going Private” Proposal (GlobeNewswire)
  • Mango TV Raises 1.5 Bln Yuan in Second Funding Round, Valuation Doubles (Chinese article)
  • Huawei Lowers 2016 Smartphone Target by 20 Mln Units – Report (Chinese article)
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