News Digest: July 1, 2011

The following press releases and media reports about Chinese companies were carried on July 1. To view a full article or story, click on the link next to the headline.

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◙ Buffett-Backed BYD Surges in Shenzhen Debut on Electric-Vehicle Incentives (English article)

◙ China UnionPay and MasterCard (NYSE: MA) Sign Payment Gateway Svc Agreement (Businesswire)

◙ SMIC (HKEx: 981) Chmn Dies, CEO Wang Voted Off Board, Stock Suspended (English article)

◙ Yingli (NYSE: YGE) to Supply 110 MW of PV Modules to Huanghe Hydropower (PRNewswire)

◙ New Oriental (NYSE: EDU) to Report Fiscal Q4 Financial Results on July 18 (PRNewswire)