China Price jump indicates Yuan Peg stoking inflation.

American Oriental Bioengineering Inc. (AOB) files 10-Q - Quarterly report [Sections 13 or 15(d)]. AMERICAN ORIENTAL BIOENGINEERING, INC:The Company applies Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 323 “Investments - Equity Method and Joint Ventures” in accounting for its equity investments. Under FASB ASC 323 equity method is used for investments in entities in which the Company has the ability to exercise significant influence but does not own a majority equity interest or otherwise control. The cost method is used for investments over which the Company does not have the ability to exercise significant influence or control.

China Agritech Inc. (CAGC) files 10-Q - Quarterly report [Sections 13 or 15(d)]. CHINA AGRITECH, INC:China Agritech Inc. (the “Company” or “China Agritech”) is a holding company whose direct and indirect subsidiaries manufacture and sell organic liquid compound fertilizers, organic granular compound fertilizers and related agricultural products. The Company conducts its business operations primarily through its subsidiaries including Anhui Agritech Agriculture Development Limited (“Anhui Agritech”), Beijing Agritech Fertilizer Ltd. (“Beijing Agritech”), China Tailong Holdings Company Limited (“Tailong”) and Pacific Dragon Fertilizers Co. Ltd. (“Pacific Dragon”). The Company’s revenues are derived from the sale of fertilizers and related agricultural products to customers.

Baidu, Inc. (BIDU) files 424B3 - Prospectus [Rule 424(b)(3)]. Neither the Depositary nor the Company nor any of their respective directors, officers, employees, agents or affiliates shall incur any liability to any Owner or Beneficial Owner of any Receipt, if by reason of any provision of any present or future law or regulation of the United States, the Peoples Republic of China or any other country, or of any governmental or regulatory authority or stock exchange, or by reason of any provision, present or future, of the Memorandum and Articles of Association of the Company, or by reason of any provision of any securities issued or distributed by the Company, or any Offering or distribution thereof or by reason of any act of God or war or terrorism or other circumstances beyond its control, the Depositary or the Company shall be prevented, delayed or forbidden from, or be subject to any civil or criminal penalty on account of, doing or performing any act or thing which by the terms of the Deposit Agreement or Deposited Securities it is provided shall be done or performed; nor shall the Depositary or the Company or any of their respective directors, officers, employees, agents or affiliates incur any liability to any Owner or Beneficial Owner of a Receipt by reason of any non-performance or delay, caused as aforesaid, in the performance of any act or thing which by the terms of the Deposit Agreement it is provided shall or may be done or performed, or by reason of any exercise of, or failure to exercise, any discretion provided for in the Deposit Agreement.

China BAK Battery, Inc. (CBAK) files 10-Q - Quarterly report [Sections 13 or 15(d)]. CHINA BAK BATTERY, INC.:China BAK Battery, Inc. (“China BAK”) is a corporation formed in the State of Nevada on October 4, 1999 as Medina Copy, Inc. The Company changed its name to Medina Coffee, Inc. on October 6, 1999 and subsequently changed its name to China BAK Battery, Inc. on February 14, 2005. China BAK and its subsidiaries (hereinafter, collectively referred to as the “Company”) are principally engaged in the manufacture, commercialization and distribution of a wide variety of standard and customized lithium-ion (known as "Li-ion" or "Li-ion cell") rechargeable batteries for use in cellular telephones, as well as various other portable electronic applications, including high-power handset telephones, laptop computers, power tools, digital cameras, video camcorders, MP3 players, electric bicycles, electric motors, and general industrial applications.

China Pharma Holdings, Inc. (CPHI) files 10-Q - Quarterly report [Sections 13 or 15(d)]. CHINA PHARMA HOLDINGS, INC.:China Pharma Holdings, Inc., a Delaware corporation, owns 100% of Onny Investment Limited (Onny), a British Virgin Islands corporation, that in turn owns 100% of Hainan Helpson Medical & Biotechnology Co., Ltd (Helpson), which is organized under the laws of The People's Republic of China (the PRC). China Pharma Holdings, Inc. and its subsidiaries are referred to herein as the Company.

AirMedia Announces New Share Incentive Plan Funded by CEO-Owned Shares. AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq:AMCN - News), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, today announced that Herman Guo, its chairman and chief executive officer, will transfer 13,000,000 ordinary shares of AirMedia in his ownership, which are equal to 6,500,000 ADSs of AirMedia, to an award pool that will be used for a three-year share incentive plan. This new share incentive plan and future grants under it will not affect the Company's total number of shares outstanding.

American Oriental Bioengineering Reports First Quarter 2010 Financial Results. American Oriental Bioengineering, Inc. (NYSE: AOB), ("the Company" or "AOBO"), a pharmaceutical company dedicated to improving health through the development, manufacture and commercialization of a broad range of prescription and over the counter ("OTC") products, today announced financial results for the first quarter ended March 31, 2010.Revenue in the first quarter of 2010 increased 16.7% year over year to $53.7 million from $46.1 million, reflecting continued demand for the Company's core prescription and OTC pharmaceutical products.

China Agritech, Inc. Reports 109% Revenue Growth for the First Quarter of 2010. China Agritech, Inc. (Nasdaq: CAGC) ("China Agritech", or the "Company"), a leading organic compound fertilizer manufacturer and distributor in the People's Republic of China, today announced its unaudited financial results for the first quarter ended March 31, 2010.Mr. Yu Chang, Chief Executive Officer of China Agritech, commented, "We are excited to report another strong quarter. First quarter is typically the slow season. However, our liquid and granular fertilizer sales remained strong. As severe climate changes and natural disasters continue to unfold in many parts of the agricultural provinces in China, agricultural product supplies becomes increasingly important in balancing demand for an already undersupplied population.

China BAK to Present at Investor Conferences in U.S.. China BAK Battery, Inc. ("China BAK", the "Company", or "we") (Nasdaq: CBAK), a leading global manufacturer of lithium-based battery cells, today announced its plans to present at investor conferences in mid-May and early June in the U.S.Mr. Jun Zou, China BAK's Chief Financial Officer, will present on behalf of China BAK and discuss the Company's business development and strategy.