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Wang Guobin, a partner with Gen Harmony, said that most of the listed companies had already entered the maturity phase when they went public under the earlier approval-based IPO mechanism. In other words, investors could hardly benefit from the returns of growth enterprises. But the registration-based IPO mechanism has made a major change, based on which secondary market investors can be more deeply involved in the growth phases of companies, he said.

WASHINGTON - US Secretary of State Mike Pompeo said Wednesday that the United States on May 2 would lift a ban on US lawsuits against foreign firms operating on the property in Cuba seized from Americans.

WASHINGTON - US President Donald Trump will nominate Army Secretary Mark Esper to be the next secretary of defense, the White House said Friday, three days after the resignation of acting Defense Secretary Patrick Shanahan.

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WASHINGTON - US border agents arrested or stopped nearly 1 million undocumented migrants at the nation's southern border with Mexico in the past 12 months, an administration official said on Tuesday.

WASHINGTON — First lady Melania Trump "hates" to see families separated at the border and hopes "both sides of the aisle" can reform the nation's immigration laws, according to a statement from her office.

WELLINGTON - A photo exhibition on China's education development kicked off here Monday at Victoria University of Wellington in New Zealand.

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WASHINGTON -- US President Donald Trump said on Tuesday that he was going to name a new US ambassador to the United Nations within two or three weeks following Nikki Haley's resignation.

Walmart has been ramping up its online business in recent years. The novel coronavirus pandemic has shown the importance of e-commerce to retailers. Walmart's online sales doubled during the second quarter.

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WASHINGTON — President Donald Trump's top adviser for Russian and European affairs is leaving his job at the White House, a day before he's scheduled to testify before the House impeachment investigators, a senior administration official said Wednesday.

WELLINGTON - Prime Minister Jacinda Ardern told New Zealanders on Wednesday to behave as if they had the coronavirus and cut all physical contact outside their household when the country heads into a one-month lockdown at midnight.