News Digest: June 25, 2015

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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  • Uber Lands Big Chinese Backer in Hillhouse (English article)
  • Suning’s (Shenzhen: 002024) Laox to Invest 3 Bln Yuan to Open 26 Stores in Japan (English article)
  • Hired Car Services Specialist Yidao Makes Big Layoffs (Chinese article)
  • Baidu (Nasdaq: BIDU) Announces Pricing of $1.25 Bln Notes Offering (PRNewswire)
  • JD.com (Nasdaq: JD) Fined 500,000 Yuan for Price Fraud, 200th Time in 3 Years (Chinese article)
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