News Digest: May 8, 2012 报摘： 2012年5月8日

The following press releases and media reports about Chinese companies were carried on May 8. To view a full article or story, click on the link next to the headline.

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◙ Lenovo (HKEx: 992) to Launch Mobile Devices Facility in Central China (English article)

◙ GE (NYSE: GE) to Buy 15 Pct of China’s XD Electric (Shanghai: 601179) (English article)

◙ HTC Selects Spreadtrum’s (Nasdaq: SPRD) TD-SCDMA Baseband for Smartphone Series (PRNewswire)

◙ Alibaba Investigates Taobao Staff Bribes (English article)

◙ Shanda Cloudary Posts First-Ever Profit of $3 Mln in Q1 (Chinese article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)