China News Digest: October 12, 2016

The following press releases and news reports about China companies were carried on October 12. To view a full article or story, click on the link next to the headline.
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• Yum (NYSE: YUM) Details Transformation Plans after China Separation (Businesswire)
• SF Express Backdoor Listing Plan Approved by China Securities Regulator (Chinese article)
• NetEase (Nasdaq: NTES) Breaks into Smart Device Market (English article)
• Solar Panel Maker LDK Bankruptcy Approved; Creditors Take Huge Losses (English article)
• Shanyang (Shanghai: 600146) Buys US Apparel Brand Oneworld Star for $280 Mln (Businesswire)