China News Digest: May 4, 2016

The following press releases and news reports about China companies were carried on May 4. To view a full article or story, click on the link next to the headline.
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  • Tencent (HKEx: 700) Venture Poaches Google Talent as Chinese Techs Pile into Autos (English article)
  • SAIC Begins Mass Production for Car Jointly Produced With Alibaba (NYSE: BABA) (Chinese article)
  • Uber to Accept Alipay Payments Globally (English article)
  • Qihoo (NYSE: QIHU) Search Drops All Consumer Medial Service Advertising (Chinese article)
  • Li & Fung (HKEx: 494) Sells Distribution Unit to Citic’s DCH (HKEx: 1828) for $350 Mln (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)
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