PRESS DIGEST - China - July 7

BEIJING/SHANGHAI, July 7 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Tuesday. Reuters has not checked the stories and does not vouch for their accuracy.

CHINA SECURITIES JOURNAL

-- Chinese coal producer Shanxi Lu'an Environmental Energy Development Co Ltd (601699.SS) plans to acquire assets from its parent by 2015 so the whole group can list, Chairman Ren Runhou said. Ren forecast coal oversupply in China within five years.

SHANGHAI SECURITIES NEWS

-- A Disney theme park may be built in Shanghai's Chuansha district after the 2010 Shanghai Expo, according to a report jointly published by a Shanghai government think tank and the planning agency of Shanghai's Pudong district.

-- The China Banking Regulatory Commission will allow 10 more banks to set up finance leasing units in the next two years, said Chen Qiong, a regulatory official. Currently, six lenders have started leasing businesses.

-- Chinese steel maker Laiwu Steel Corp (600102.SS) said it expected to post a loss in the first half of this year due to weak demand, oversupply and low prices.

-- Chinese television maker Hisense Electric (600060.SS) forecast that its first-half profit may jump more than 50 percent due to rising demand for flat-screen televisions.

FINANCIAL NEWS