News Digest: December 23, 2011

The following press releases and media reports about Chinese companies were carried on December 23. To view a full article or story, click on the link next to the headline.

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◙ Post Office Aims to Split Off Courier Delivery Logistics Unit for IPO (Chinese article)

◙ Yahoo (Nasdaq: YHOO) to Weigh Deals For Asian Assets: Sources (English article)

◙ Spreadtrum Communications (Nasdaq: SPRD) Declares Quarterly Cash Dividend (PRNewswire)

◙ Joy Global Approved for Strategic Investment in Int’l Mining Machinery (HKEx: 1683) (Businesswire)

◙ Shanda (Nasdaq: SNDA) Cloudary’s Hongxiu Reaches RMB 100 Mln in 2011 Revenue (English article)