News Digest: May 15, 2015

The following press releases and media reports about Chinese companies were carried on May 15. To view a full article or story, click on the link next to the headline.
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• Lenovo (HKEx: 992) To Spin Off Smart TV Unit As JV With Alibaba (NYSE: BABA) (English article)
• Youku Tudou (NYSE: YOKU) In Merger Talks With iQiyi – Market Talk (Chinese article)
• Xiaomi Smartphone Sales Rise 36 Pct To 15 Mln Units In Q1 (Chinese article)
• Sina (Nasdaq: SINA) Reports Q1 2015 Financial Results (PRNewswire)
• Alibaba (NYSE: BABA) Invests In Parcel Delivery Firm YTO Express (Chinese article)
• Latest calendar for Q1 earnings reports (Earnings calendar)