News Digest: November 5-7, 2011

The following press releases and media reports about Chinese companies were carried on November 5-7. To view a full article or story, click on the link next to the headline.

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◙ PepsiCo (NYSE: PEP) Sells China Bottling Assets to Tingyi (HKEx: 322) (English article)

◙ Alibaba, Tencent (HKEx: 700), Baidu (Nasdaq: BIDU) in Land Grab (Chinese article)

◙ China Mobile (HKEx: 941) TD-SCDMA Procurement Bids Rise – Source (English article)

◙ Sinopec (HKEx: 386), PetroChina (HKEx: 857) Up on Fuel-Pricing Change Speculation (English article)

◙ UCWeb Sues Tencent (HKEx: 700) For Unfair Competition (Chinese article)