News Digest: July 24, 2013

The following press releases and media reports about Chinese companies were carried on July 24. To view a full article or story, click on the link next to the headline.
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• Tencent (HKEx: 700) Invests in Xiaomi via Russia’s Digital Sky – Sources (English article)
• US Citizen Detained As China Pharma Probe Spreads (English article)
• NetDragon (HKEx: 777) Announces HK$17.79 Share Buyback (PRNewswire)
• New Oriental Announces Fiscal Q4Results, Declares Special Cash Dividend (PRNewswire)
• Alibaba Files For Public Offering To Raise Up To HK$150Bln – Media (English article)
• Latest calendar for Q2 earnings reports (Earnings calendar)