News Digest: September 30, 2011

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The following press releases and media reports about Chinese companies were carried on September 30. To view a full article or story, click on the link next to the headline.

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◙ China Internet Stocks Fall in New York on U.S. Investigation (English article)

◙ 55tuan Denies Rumors of 70% Workforce Cut (English article)

◙ Ctrip (Nasdaq: CTRP) Announces Up to $100 Million Share Repurchase Program (PRNewswire)

◙ Renren (NYSE: RENN) Announces US$150 Million Share Repurchase Program (PRNewswire)

◙ Court Upholds Verdict Against Qihoo 360 (NYSE: QIHU) in Tencent (HKEx: 700) Suit (Chinese article)

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