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Compass is helmed by Co-founder and CEO Robert Reffkin, a former COO at Goldman Sachs. The other founder, Ori Allon, spent time at Twitter and Google after selling startups to the tech giants.

Commitment highlighted

Coca-Colalast Wednesday announced that it would raise prices on carbonated drinks. CEO James Quincey said that the action wasnecessary to respond to higher production costs for cans due tothe aluminum tariff.

Compared with leading world-class city clusters, however, the region still lags behind in many fields, such as public services, living conditions and rural and urban management.

Companies involved in high-tech and strategic emerging industries that are in line with the country's strategies will be allowed to list on the ChiNext board-the submarket filled with growth companies-through reverse mergers, the China Securities Regulatory Commission said in draft rules issued on Thursday.