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Luxembourg, Slovenia and Uruguay were among the first-time participants of the CHTF.

Luo Wei, an associate professor at Peking University's Guanghua Management School, said many mainland-based internet companies listed overseas wish to list at home, where they may even receive higher valuation as domestic investors appear to understand and recognize their business models better.

MANILA -- The Philippine health department has noted a sharp rise of measles cases in Metro Manila, prompting health authorities to declare on Wednesday measles outbreak in the Philippine capital.

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M&S is already moving its entire business here online through Tmall, the e-commerce platform rolled out by Alibaba Group Holding Ltd, and JD.com Inc.

Luo, the founder of smartphone brand Smartisan Technology, sold 910,000 sets of products, including tech gadgets, groceries as well as food and snacks, to an online audience of over 48 million people. Though the exact revenue has not been announced, sources who did not wish to be named indicated that it had exceeded 170 million yuan.

Lovefun, a manufacturer of household chemicals, said last week that it would invest 419 million yuan to build a production base in Shantou, Guangdong province. The firm said the annual sales revenue and net profit from the new base, when operational, would be 833 million yuan and 82.6 million yuan.

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Lottery sales totaled 36.4 billion yuan (about .2 billion) in September, slumping 13 percent year on year, according to a statement from the Ministry of Finance (MOF).

Luciano Brustia, regional managing director of Asia-Pacific at InterSystems, said its business in China expanded at an annual rate of 18 to 20 percent in the past five years, and the robust growth momentum is expected to be sustained in the future.

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Lower tier cities' housing markets are also backed by those who work in major cities but cannot afford the high home prices there. In order to improve the living conditions of their families, they choose to buy apartments in their hometowns, according to a recent report by online property information provider Anjuke.

MEXICO BEACH, Fla., Oct 13 - Search and rescue volunteers have located hundreds of people reported missing in the US Southeast after Hurricane Michael tore through their Florida Panhandle communities, but the death toll of at least 18 was expected to rise.