News Digest: May 17, 2011

The following press releases and media reports about Chinese companies were carried on May 17. To view a full article or story, click on the link next to the headline.

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◙ Yahoo’s (Nasdaq: YHOO) China Foothold Threatened by Rift With Alibaba Over Spinoff (English article)

◙ Wal-Mart (NYSE: WMT) Acquires Minority Stake in Yihaodian (English article)

◙ VanceInfo Reports Solid Q1 Results and Raises Full Year Guidance (PRNewswire)

◙ Canadian Solar (Nasdaq: CSIQ) Announces 81 MW Sales Agreement with Saferay (PRNewswire)

◙ Ctrip (Nasdaq: CTRP) Q1 profit reaches $36 million, up 23 percent (Chinese article)