News Digest: June 21, 2011

The following press releases and media reports about Chinese companies were carried on June 21. To view a full article or story, click on the link next to the headline.

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◙ Renren (NYSE: RENN) Announces Unaudited First Quarter 2011 Financial Results (PRNewswire)

◙ China Telcos Announce May 2011 Subscriber Totals (English article)

◙ BofA (NYSE: BAC) May Sell Part of CCB (HKEx: 939) Stake to Bolster Capital (English article)

◙ Softbank’s Son Says Accord on Alipay Dispute Will Likely Be Reached Soon (English article)

◙ Hewlett-Packard (NYSE: HPQ) Names Steve Gill as China President (Chinese article)