China News Digest: August 4, 2016

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The following press releases and news reports about China companies were carried on August 4. To view a full article or story, click on the link next to the headline.
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  • Didi, SoftBank Lead $600 Mln-Plus Round for GrabTaxi (English article)
  • Qihoo 360 (NYSE: QIHU) to Spin Off Businesses for Future IPO in China (English article)
  • Fosun (HKEx: 656) Denies Under Pressure to Sell Assets (Chinese article)
  • China Internet Users Reach 710 Mln, 92 Pct Access Via Mobile – CNNIC (Chinese article)
  • Burberry (London: BRBY) to Buy Out Partner in China JV for 54 Bln Pound (Chinese article)
  • Latest calendar for Q2 earnings reports (Earnings calendar)
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