News Digest: May 8, 2013

The following press releases and media reports about Chinese companies were carried on May 8. To view a full article or story, click on the link next to the headline.
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• Games Will Be Breakthrough Area For Tencent (HKEx: 700) WeChat – Ma (Chinese article)
• Baidu (Nasdaq: BIDU) Acquires Online Video Business of PPS for US $370 Mln (PRNewswire)
• Ex-Qidian Team to Provide Content for Tencent (HKEx: 700) Book Channel (English article)
• Nokia (Helsinki: NOK1V) Changes China Head For 4th Time In 3 Years (Chinese article)
• Alibaba Posts Q4 Profit Of $640 Mln, Up 172 Pct (Chinese article)
• Latest calendar for Q1 earnings reports (Earnings calendar)