News Digest: June 24, 2015

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The following press releases and media reports about Chinese companies were carried on June 25. To view a full article or story, click on the link next to the headline.
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  • Alibaba (NYSE: BABA) Revives Koubei to Take Fight With Tencent to Food (English article)
  • LeTV (Shenzhen: 300104) in Spotlight Over Sales Figures (English article)
  • Momo (Nasdaq: MOMO) Announces Receipt of “Going Private” Proposal (GlobeNewswire)
  • KKR Bets on China Professional Education With Tarena (NYSE: TEDU) Investment (English article)
  • Hongda (Shenzhen: 002211) Chairman Quits Amid Probe, 165 Mln Shares Frozen (Chinese article)
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