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LAIX said that the proceeds from the IPO will mainly be used for research and development, selling and marketing, as well as the balance for general corporate purpose.

Known as the Principals for Responsible Banking, or PRB, the initiative is a collection of guidelines ensuring that banks lend, finance, set goals, treat clients and conduct financial reporting in a way that is climate friendly and sustainable.

Lai, the SAR government's top security official from 2012-17, cited possible threats to public health from crowds gathering to vote in the coming election.

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Kroeber also highlighted the role of innovation in driving future economic growth. "If China wants to maintain high-speed economic growth, it needs to shift away from a capital intensive form of growth to one that is more focused on productivity growth and innovation."

Kuiper HQ will be in the same locale as Microsoft’s world headquarters, and within about an hour’s drive (on a good day) from the growing HQ for Amazon CEO Jeff Bezos’ other big space venture, Blue Origin, south of Seattle in Kent, Wash.

Known for a wide array of offerings from online gaming and messaging to mobile payment, Tencent has in recent years fortified the cultural focus, a frontier it believed would generate longer-term value and hence get its users more "hooked".

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LOS ANGELES - China's leading electric vehicle manufacturer BYD won "Award of Year" presented by the Select LA Investment Summit, an annual meeting held at the World Trade Center Los Angeles (WTCLA).

LOS ANGELES - Adult film star Stormy Daniels filed a lawsuit Tuesday against US President Donald Trump, seeking to invalidate a "hush agreement" she signed days before the 2016 presidential election, which prevented her from disclosing their "intimate" relationship.

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Lai Xiufu, head of Hubei Office of China Banking Regulatory Commission

LAS VEGAS－Daniel Kirchert, president and co-founder of the intelligent electric vehicle brand Byton, said he is confident about making smart electric vehicles in China.