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Chinese short-video and livestreaming startup Kuaishou, backed by Tencent, is expected to go public in Hong Kong this year, as the company's recent value has risen to billion, Chinese news website Jiemian citing people familiar with the matter said.

Cinema operator HG Entertainment Co isone step closer to an initial public offering (IPO) in Shanghai, a move which will make it the first listed entertainment branch of its parent company Hengdian Group, owner of a movie production base closest to Chinese version of Hollywood.

Clinical trials of remdesivir are also ongoing in China where more than 200 patients with severe and critical symptoms and over 30 patients with mild and common symptoms have been enrolled in the trial.

Ching said she has been highly selective of her clients and does thorough research to make sure she delivers precise, relevant and value-added information.

Chun-Yuan Gu and Frank Duggan have spent their careers at ABB. Gu started at ABB in Sweden in 1989 and held leadership positions in R&D, mainly in Robotics, before becoming head of the Robotics Global R&D Center in Shanghai in 2006. In January 2014, he assumed responsibility for ABB's operations in China. He is fluent in English, Mandarin and Swedish, and holds a degree in engineering from Jiao Tong University in Shanghai and a PhD in engineering from the Royal Institute of Technology in Stockholm, Sweden. Gu will continue as managing director of ABB in China, in addition to his new role, and will be based in Beijing.