China News Digest: May 18, 2016

The following press releases and news reports about China companies were carried on May 18. To view a full article or story, click on the link next to the headline.
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• Midea (Shenzhen: 000333) Said to Plan Takeover Offer for Germany’s Kuka (English article)
• Dangdang (NYSE: DANG) Receives Revised Proposal to Acquire Company at $6.50 per ADS (PRNewswire)
• SAIC Motor (Shanghai: 600104) Unit Said to Pick Banks for at Least $500 Mln IPO (English article)
• Alibaba (NYSE: BABA) Reiterates Commitment to Anti-Counterfeiting Partnership (company announcement)
• Vipshop (NYSE: VIPS) Reports Unaudited Q1 Financial Results (PRNewswire)