News Digest: April 24, 2012 报摘： 2012年4月24日

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

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◙ China Auto Rental Said to Struggle to Attract Investors (English article)

◙ Sohu, Tencent, Baidu Video Channels to Jointly Buy Copyrighted Material – Source (Chinese article)

◙ Huawei Profit Halves; Handset Competition Saps Margins (English article)

◙ Lashou Reported Cutting Staff, Halting Ads, Calls Move “Strategic Adjustment” (Chinese article)

◙ Alibaba.com (HKEx: 1688) Reports Net Profit1 of RMB339.2 million in Q1 2012 (Businesswire)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)