News Digest: January 12, 2012

The following press releases and media reports about Chinese companies were carried on January 12. To view a full article or story, click on the link next to the headline.

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◙ Ping An May Sell Yihaodian Stake, Giving Control To Wal-Mart (NYSE: WMT) – Report (Chinese article)

◙ Dangdang (NYSE: DANG) Expects 20% Profit Margin on E-Books (English article)

◙ Youku (NYSE: YOKU) Signs Content Deal With Twentieth Century Fox (Nasdaq: NWSA) (PRNewswire)

◙ Motorola (NYSE: MMI), Lenovo (HKEx: 992) Sign On To First Intel-Powered Smartphones (English article)

◙ Taobao Mall Changes Name To Tianmao, Buys tianmao.com URL (Chinese article)