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The company announced a 12 percent drop of revenues in its 2019 interim results due to the absence of co-production revenue and declining income from advertisers under Hong Kong TV broadcasting.

The company also is looking to use drones, driverless cars and robots to accelerate the delivery process.

The company currently operates 500 bikes throughout the city of Ramat-Gan and 100 bikes on the campus of Bar-Ilan University, both located in the center of Israel.

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The commitment of Refinitiv to the Chinese market reflects the country's attractiveness for foreign investment as an economy that has staged a steady economic recovery from the COVID-19 epidemic and has furthered opening-up efforts despite the epidemic, said Liu Chunsheng, an associate professor of international trade at the Central University of Finance and Economics in Beijing.

The companies say the initial goal of the project is creating “technology solutions that will provide U.S. employees and their families with simplified, high-quality and transparent healthcare at a reasonable cost.” Its long-term goal is “improving employee satisfaction and reducing costs.”

The company and its underwriter will confirm the IPO date and publish the prospectus following discussions with the stock exchange.

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The company also said that it anticipates one of its CIIE blockbuster exhibition products - an immunotherapy that successfully completed phase III global clinical trials in hepatic cellular cancer in late October and for which the company is making a new drug application in the United States, Europe and China simultaneously - to make its world debut in China.

The company has been heavily investing in self-driving technologies. It said it would mass-produce driverless buses for designated areas by the end of July with Chinese bus manufacturer Xiamen King Long United Automotive Industry Co.

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The combination of low supply and high demand is propelling Wang to turn from bulk sales inked at trade shows to cross-border e-commerce, and that includes selling to both businesses and individual customers.

The company has been purchasing construction materials and daily supplies locally. It has also hired a large number of residents to help lift them out of poverty, said Wang Jinzhong, Party secretary of the China Railway Hotan-Ruoqiang Group.