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China's first listed bike-sharing company, Changzhou Youon Public Bicycle System Co Ltd, announced its acquisition of Hellobike on Tuesday, acquiring the Shanghai-based bike-rental brand to expand its presence in the fast-growing market.
China's e-commerce giant Alibaba Group Holding Ltd is considering raising billion via a second listing in Hong Kong to diversify its funding channels and boost liquidity, according to a Bloomberg report citing sources.
China's gross domestic product (GDP) expanded 3.2 percent year-on-year in the second quarter of 2020, data from the Chinese National Bureau of Statistics showed.
China's new yuan-denominated loans stood at 1.25 trillion yuan (1.5 billion) in November, up from 697 billion yuan in October, and it was 126.7 billion yuan more than that recorded in the same period last year, showed the PBOC data.
China's manufacturing purchasing managers index stood at 52 in March, up from 35.7 in February, showing a significant, positive change in production and business operations from the previous month.
来源：资阳报