News Digest: October 18, 2011

The following press releases and media reports about Chinese companies were carried on October 18. To view a full article or story, click on the link next to the headline.

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◙ New China Life eyes approvals for $4 billion IPO next week: IFR (English article)

◙ Shanda (Nasdaq: SNDA) Receives Cash Proposal to Buy All Shares at $41.35 (PRNewswire)

◙ Canadian Solar (Nasdaq: CSIQ) Updates Q3 Guidance (PRNewswire)

◙ Ming Yang (NYSE: MY) Signs China Development Bank Deal, With $5 Billion of Financing (PRNewswire)

◙ Alibaba’s Taobao Mall Revises Rules in Response to Merchant Protests (English article)