News Digest: June 10, 2011

The following press releases and media reports about Chinese companies were carried on June 10. To view a full article or story, click on the link next to the headline.

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◙ China Kid-Focused Web Firm Taomee (NYSE: TAOM) Off 8.6% In Debut (English article)

◙ China’s Sina (Nasdaq: SINA) Extends Stock Losses (English article)

◙ Spreadtrum Acquires Stake in MobilePeak, an HSPA+ Modem Chipset Designer (PRNewswire)

◙ Sky-mobi (Nasdaq: MOBI) Announces Partnership With Jiayuan (NYSE: DATE) (GlobeNewswire)

◙ ZTE (HKEx: 763) Gets $500 Mln in Syndicated Loans Led by Bank of China (Chinese article)