News Digest: November 16, 2011
The following press releases and media reports about Chinese companies were carried on November 16. To view a full article or story, click on the link next to the headline.
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◙ Telecoms Regulator Enters Broadband Anti-Monopoly Investigation (Chinese article)
◙ China’s Low Hotel Occupancy Rates Threaten Hilton, Starwood (NYSE: HOT) Expansion (English article)
◙ VanceInfo (NYSE:VIT) Announces Q3 Results, Raises Full Year Revenue Guidance (PRNewswire)
◙ China GrenTech Announces Receipt of “Going Private” Proposal at $3.10 Per ADS (PRNewswire)
◙ SAP (Frankfurt: SAP) Plans to Double China Workforce, Budgets $2 Bln Spending by 2015 (English article)