China News Digest: April 21, 2016

The following press releases and news reports about China companies were carried on April 26. To view a full article or story, click on the link next to the headline.
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• China Mobile (HKEx: 941) Announces Q1 Results (HKEx announcement)
• Baidu (Nasdaq: BIDU) Video to Be Spun Off, Secures 1 Bln Yuan Funding (English article)
• Yum (NYSE: YUM) China Sales Jump in Q1, Boosted by KFC (English article)
• Evergrande Taobao Soccer Club Posts Nearly 1 Bln Yuan Loss, Costs Rise 50 Pct (Chinese article)
• ZTE (HKEx: 763) Under New Leaders Eyes Return to Top 3 China Smartphone Brands (Chinese article)
• Latest calendar for Q1 earnings reports (Earnings calendar)