News Digest: July 9, 2015

The following press releases and media reports about Chinese companies were carried on July 9. To view a full article or story, click on the link next to the headline.
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  • Group Buying Site Meituan Prepares to Raise $1 Bln, Value Doubles in Half Year (Chinese article)
  • Alibaba (NYSE: BABA) Increases Investment in Singapore Post by $138 Mln (Chinese article)
  • LeTV (Shenzhen; 300104) Suspends Shares, Prepares for Smart Device Investment (Chinese article)
  • Ctrip (Nasdaq: CTRP) VP Jiang Hao Resigns, Become eLong (Nasdaq: LONG) CEO (Chinese article)
  • Weibo (Nasdaq: WB) in Strategic Tie-Up with Guinness World Records (Chinese article)
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