News Digest: July 31, 2015

The following press releases and media reports about Chinese companies were carried on July 31. To view a full article or story, click on the link next to the headline.
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• Baidu (Nasdaq: BIDU) Announces $1 Bln Share Repurchase Program (PRNewswire)
• Focus Media May Drop Backdoor Listing, Eyes New Strategic Industries Board (Chinese article)
• Wine E-tailer Jiuxian Lands 500 Mln Yuan Series G Funding (English article)
• China Renaissance Earmarks Half of 5 Bln Yuan Fund Raising for VIE Buyouts (Chinese article)
• China Box Office Posts Monthly Record with 5 Bln Yuan in July (Chinese article)
• Latest calendar for Q2 earnings reports (Earnings calendar)