News Digest: June 12, 2012 报摘： 2012年6月12日

The following press releases and media reports about Chinese companies were carried on June 12. To view a full article or story, click on the link next to the headline.

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◙ Huawei, ZTE (HKEx: 763) Execs Sentenced to 10 Years for Corruption in Algeria (English article)

◙ 7 Days (NYSE: SVN) Announces Strategy Update and Share Repurchase Program (PRNewswire)

◙ Lenovo (HKEx: 992) Launches No-Contract Mobile Broadband Service (English article)

◙ NetEase (Nasdaq: NTES) Invests Over RMB 10 Mln in Mobile Literature Content (English article)

◙ Shanda Games (Nasdaq: GAME) Reports Q1 Unaudited Results (PRNewswire)