Lufax, formally Shanghai Lujiazui International Financial Asset Exchange Co Ltd, seeks to fund growth while its Hong Kong IPO is on hold due to changing regulation in online consumer lending - a core business.
Luohu district in Shenzhen, which used to be a poor village, is now a flourishing residential area with modern apartment buildings. LUO HAIMING/FOR CHINA DAILY
Lu Zufang, Jiading District official, said the National Intelligent Connected Vehicle (Shanghai) Pilot Zone in Jiading, which has become a world-class venue for testing smart cars, has built 200 test settings for various driving situations.
MONTGOMERY, Alabama-Japanese automakers Toyota and Mazda on Wednesday announced plans to build a mammoth .6 billion joint-venture plant in Alabama that will eventually employ about 4,000 people.
MONO's special design for gym workouts aims to provide a new option for gymgoers, with fabric which absorbs sweat, dries fast, and is ultraviolet-proof and anti-bacterial, according to the designer.
Los Angeles International Airport told domestic passengers to arrive three hours early as it expected 238,000 passengers and 113,000 vehicles on Wednesday.
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Luo Huining, the new liaison chief in the Hong Kong Special Administrative Region, meets media in Hong Kong on Jan 6, 2020. [Photo by Parker Zheng/China Daily]
Lou Jiwei, formerly minister of finance, highlighted that the deleveraging pace needs to be controlled within safer parameters.
MCCONNELL'S REFUSAL
Louis Dreyfus Company, a global merchant firm of agricultural goods, has agreed to invest million in a concurrent private placement at the IPO price.