News Digest: June 23, 2011

The following press releases and media reports about Chinese companies were carried on June 23. To view a full article or story, click on the link next to the headline.

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◙ SIG Sees Good Chance to Buy Into Sina (Nasdaq: SINA) on Weibo Opportunity (Chinese article)

◙ Baosteel (Shanghai: 600019) in Talks to Buy $1 Billion Stake in Malaysia’s Amsteel Mills (English article)

◙ ZTE (HKEx: 763) to Build BSS/OSS Systems for New Singapore Broadband Network (Businesswire)

◙ E-House (NYSE: EJ) Announces ADS Purchase Plan by Executive Chairman (PRNewswire)

◙ Sheraton (NYSE: HOT) Set to Open Seven Properties in China This Summer (Businesswire)