China News Digest: June 7, 2016

The following press releases and news reports about China companies were carried on June 7. To view a full article or story, click on the link next to the headline.
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• Bitauto (NYSE: BITA) Announces $300 Mln Investment from Tencent, Baidu, JD.com (PRNewswire)
• Suning (Shenzhen: 002024) Pays 270 Mln Euros for 70 Pct of Soccer Club Inter Milan (Chinese article)
• TCL (Shenzhen: 000100)  to Take Handset Maker TCL Communication (HKEx: 2618) Private (English article)
• Yingli (NYSE: YGE) Announces Preliminary Financial Results for Q1 (PRNewswire)
• Midea (Shenzhen: 000333) Board Approves Kuka Investment, Acknowledges Difficulties (Chinese article)