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Dada sold 16.5 million American Depository Shares in its IPO at a midpoint price of per share for gross proceeds of about 4 million. The company said in its regulatory filing that 40 percent of the proceeds will be used to implement their marketing initiatives and grow the user base, while another 35 percent will go for technology and research development. The rest will be used for corporate purposes, including funding working capital needs and potential strategic investment and acquisitions.

Dayang is one of the world's largest garment and ready-to-wear suit makers. It aims to build a world-class menswear brand as well.

Dawson said of Dyson's mission in China: "It's a combination of providing immediate solutions to the problems at hand. In our case, high-performance purification machines and addressing issues like energy usage, thus making products more efficient."

DPRK staged a grand gymnastics and artistic performance in Pyongyang to welcome President Xi Jinping during his visit last month. SHEN HONG/XINHUA

Deals include the sectors of green energy, green food and tourism, according to the expo organizer.