China News Digest: May 11, 2016

The following press releases and news reports about China companies were carried on May 11. To view a full article or story, click on the link next to the headline.
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• Baidu (Nasdaq: BIDU) Responds to Stricter Rules Concerning Healthcare Advertising (English article)
• Qihoo (NYSE: QIHU) Leads China Going-Private Target Rebound in US Trading (English article)
• Alibaba Pictures (HKEx: 1060) Invests 1 Bln Yuan in Cinema Firm Convertible Bonds (Chinese article)
• Unicom (HKEx: 762) Makes Major Personnel Adjustments at Group, Provincial Levels (Chinese article)
• China Q1 Smartphone Sales Fall 5 Pct, Huawei in First, Apple (Nasdaq: AAPL) Fifth (Chinese article)
• Latest calendar for Q1 earnings reports (Earnings calendar)