China News Digest: June 16, 2016

The following press releases and news reports about China companies were carried on June 16. To view a full article or story, click on the link next to the headline.
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• YY (Nasdaq: YY) Announces Withdrawal of Buyer Group’s Going Private Proposal (GlobeNewswire)
• Ctrip (Nasdaq: CTRP) Reports Unaudited Q1 Financial Results (PRNewswire)
• Uber Chinese Rival Didi Chuxing Said to End Funding at $28 Bln Value (English article)
• Installment Plan E-commerce Platform Fenqile Wins $235 Mln Series D Funding (English article)
• Air China, China Eastern Resume Ticket Sales on Qunar (Nasdaq: QUNR) (Chinese article)