News Digest: May 28-30, 2011

The following press releases and media reports about Chinese companies were carried on May 28-30. To view a full article or story, click on the link next to the headline.

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◙ Home Inns (Nasdaq: HMIN) Agrees to Acquire Motel 168 (PRNewswire)

◙ SAIC Motor (Shanghai: 600104) upbeat amid slowing China vehicle sales (English article)

◙ Baidu’s (Nasdaq: BIDU) Qiyi Explores Charging Fees as Users Reach 150 Million (English article)

◙ Shanda (Nasdaq: SNDA) to Report Q1 Financial Results on June 2 (PRNewswire)

◙ China Center for Corporate Governance Opens in Shanghai (Businesswire)