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The company said the e-card will never replace physical ID cards, but will complement such purposes for users' convenience. The e-card comprises codes linking to a certain person and can protect users' personal privacy, it added.

The company's offshore bonds have suffered, as analysts at banks including BNP Paribas SA have said investors should exit them. The 2024 notes issued by Wanda Properties International, a unit of Wanda Commercial, have lost 2.9 percent this year, the worst performer among high-yield dollar bonds from Chinese issuers in Bank of America Merrill Lynch indexes.

The company plans to list on the NASDAQ under the symbol "HZ," with an expectation to raise up to millionin the IPO, according to its prospectus filed on Friday with the US Securities and Exchange Commission.

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The company on Wednesday is launching a new subscription music service, Amazon Music Unlimited, that starts at .99 a month for a library of tens of millions of songs. That’s less than half the cost of Apple Music, Spotify Premium and other competing music services.

The company posted record revenue and profit, despite spending billions on COVID-19-related initiatives and hiring hundreds of thousands of workers. Amazon incurred another .5 billion in costs related to COVID-19 in the third quarter — 0 million more than expected — after reporting billion of costs in the second quarter.

The company's second concept vehicle, the K-Byte luxury electric sedan with autonomous driving capacities, was premiered in Shanghai, one day before the opening of CES Asia 2018.

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The company logo of the Didi ride-hailing app on a car. [Photo/Agencies]

The company sold 110,500 cars in March, an increase more than four times over the previous month, according to the company's source on Friday.

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The company's self-developed ULED technology, which enhances color, contrast, resolution and motion with a combination of advanced hardware and software, and outstanding local supply chains, have helped Hisense to give effective and timely feedback to the market, said Liu.

The company said such expectations would push traditional carmakers to improve their research and development.