News Digest: August 25, 2011

The following press releases and media reports about Chinese companies were carried on August 25. To view a full article or story, click on the link next to the headline.

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◙ CNOOC (NYSE: CEO; HKEx: 883) Achieves a Significant 51.4% Increase in H1 Profit (PRNewswire)

◙ Hertz, General Electric (NYSE: GE) partner in building electric vehicle market in China (English article)

◙ China Unicom (NYSE: CHU; HKEx: 762) H1 Profit Falls 9.2% (English article)

◙ 360Buy Stops Using Alipay For Electronic Payments (Chinese article)

◙ Renren (NYSE: RENN) and MSN China Announce Strategic Cooperation (PRNewswire)