News Digest: January 5, 2016

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The following press releases and media reports about Chinese companies were carried on January 5. To view a full article or story, click on the link next to the headline.
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  • Alibaba’s (NYSE: BABA) Ant Financial Finance Arm Said to Seek at Least $1.5 Bln (English article)
  • New World (HKEx: 17) to Prepare Buyout Offer for $7 Billion China Unit – Source (English article)
  • Qunar (Nasdaq: QUNR) Names New CEO, CFO, COO (GlobeNewswire)
  • Smartphone Maker Meizu Cuts 5 Pct of Headcount to Boost Competitiveness (Chinese article)
  • Xiaomi Co-Founder Li Wanqiang Returns to Head Xiaomi Pictures Division (Chinese article)
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