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Huang is just one of many trying their luck at the video-posting trade. Although more people are getting involved in outdoor activities as COVID-19 is gradually contained in China, the online audiovisual market continues to grow.

Huawei Technologies Co said on its official website on Tuesday that it has decided to sell all of its Honor business assets to Shenzhen ZhixinNew Information Technology Co Ltd.

Huawei, valued at billion, came in 97th, the only Chinese brand on the list.

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Huawei's consumer business showed strong performance, with multiple terminal products seeing rapid growth. Its smartphone shipments exceeded 240 million last year, ranking the second in the global market. Personal computer and wireless audio businesses both saw robust growth of more than 200 percent.

Huawei is not the first Chinese company to work to develop operating systems. Internet giant Alibaba Group made a similar push before, but it failed.

Hungary would like to enhance cooperation with China in such areas as economics, trade and finance and it will continue to support and participate in Central and Eastern European Countries-China cooperation, he said.

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Hydrogen energy will also have substantial capacity for road and rail traffic, ships and space flight, all of which will provide new opportunities for the company's future development, he said.

Huawei gained a 28 percent share of the global telecom equipment market in the third quarter of 2018, up 4 percentage points since 2015, market research company Dell'Oro Group said in its latest report.

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Huang said it will be meaningless if reimbursement for rare disease bills is low, as such charges are sky-high, adding that it is also unacceptable to ask patients to pay the bills before applying for reimbursement.

Huatai Securities, China's third-largest brokerage by market value, said the company intends to issue 82.5 million global depositary receipts in London, and each one represents 10 of the company's A-shares. The company expects to raise at least 0 million in funds, according to a statement issued by the company last week.