News Digest: July 27, 2011

The following press releases and media reports about Chinese companies were carried on July 27. To view a full article or story, click on the link next to the headline.

══════════════════════════════════════════════════════

◙ Xunlei, Shanda Cloudary Aborted IPOs Create Domino Effect for Tudou, Others (Chinese article)

◙ Sun Art Retail Gains in Gray Market Ahead China Hypermarket Chain’s Debut (English article)

◙ TAL Education (NYSE: XRS) Announces Results for the Quarter Ended May 31 (PRNewswire)

◙ UPS (NYSE: UPS) Launches Express Flights to Fast-Growing Chengdu (Businesswire)

◙ Nissan’s China Venture to Invest $7.8 Billion to Boost Output, Gain Sales (English article)