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Shares fell by 1.42 percent to close at HK3.6 per share on Wednesday. 

Shares of Boeing lost .39, or 2.48 percent to settle at S330.28 in trading on the New York Stock Exchange on Wednesday as its biggest supplier said it was having trouble meeting Boeing's demand as it seeks to increase production of its 737 aircraft.

Shaanxi Heimao Coking Co Ltd is set to unlock 486 million shares, the largest from a single company next week.

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She added: "Nor is it reasonable to believe that the known and potential benefits of these products outweigh their known and potential risk.

Shared bikes have become the newest battlefield for global capital, with large amounts of investment flowing into the billing-on-time bike-rental mobile applications.

Several weeks ago, when the Curriculum Review Conference was reviewing the 12-year compulsory education curriculum for 2019, the high school panel proposed reducing the percentage of writings in classical Chinese in high school Chinese textbooks to below 30 percent from the current 45-55 percent.

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Shan Suhua, director of a judicial tribunal of the court, said the court has selected the first demonstration case, in which a listed company is suspected of giving false statements. The case, involving more than 1,000 small investors nationwide, is scheduled to be heard in late February.

Shanghai is one of China's four municipalities - cities with provincial-level authority - and has been a center for international trade, finance and innovation, the plan said.

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Several hours before the PBOC meeting, the US Federal Reserve implemented an emergency rate cut of 0.5 percentage point, the largest cut since the 2008 financial crisis, to help calm financial markets and stabilize the economy as the outbreak spreads to more parts of the world.

Shanghai-based smart car developer NIO, considered by some to be "China's Tesla" and launched its NIO ES8 electric SUV model last Sunday.