News Digest: July 8, 2015

The following press releases and media reports about Chinese companies were carried on July 8. To view a full article or story, click on the link next to the headline.

  • China Stock Slump Spreads as Alibaba (NYSE: BABA) to Whipsaw Investors (English article)
  • Weibo (Nasdaq: WB) Enters E-commerce Business (Chinese article)
  • Wanda Cinema (Shenzhen: 002739) Line H1 Revenues Up 41 Pct to 3.48 Bln Yuan (English article)
  • Uber’s China Rival Didi Kuaidi Said to Raise Funds From Ping An, Capital Int’l (English article)
  • Alipay In 130,000 Offline Stores, as Ant Financial Gets $45 Bln Valuation (Chinese article)
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