News Digest: December 16, 2011

The following press releases and media reports about Chinese companies were carried on December 16. To view a full article or story, click on the link next to the headline.

══════════════════════════════════════════════════════

◙ New China Life (HKEx: 1336) Plunges in Debut After Stock Priced Near Bottom of Range (English article)

◙ China Scales Up Solar Power Capacity Plan By 50 Percent (English article)

◙ Acer (Taipei: 2353) To Cut Product Lines By About 2/3 Next Year – Chairman Wang (Chinese article)

◙ Sinopec (HKEx: 386) Says ‘Not the Time’ to Discuss Higher China Gas (HKEx: 384) Bid (English article)

◙ Kaixin001 to Launch Social E-Commerce Service (English article)