News Digest: June 17, 2011

The following press releases and media reports about Chinese companies were carried on June 17. To view a full article or story, click on the link next to the headline.

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◙ Chinese Banks Back $10 Billion Bid to Build Solar Energy Plants in Europe (English article)

◙ Alibaba Group to Split Taobao Online Retail Unit Into Three (English article)

◙ Mobile Number Portability Trial Period Ends in Tinajin, 50,000 Users Switch (Chinese article)

◙ Alcoa (NYSE: AA) Re-aligns China Strategy to Support Expanding Footprint (Businesswire)

◙ HiSoft (Nasdaq: HSFT) Acquires IT Talent Training Company (English article)