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As the Emeritus Director-General of the World Health Organisation and a member of the Hong Kong community, I strongly support the Hong Kong SAR government's timely and decisive decision to postpone the Legislative Council election on Sept 6, 2020 to protect the health and well-being of the Hong Kong people. Indeed, more than 60 countries worldwide have postponed elections to reduce the risk of infection by the novel coronavirus which is raging around the world.
As we reported yesterday, one analyst was estimating the company to?record about 50 billion yuan (.17 billion), a 40 percent increase from last year, and another more bullish analyst was estimating that sales could top?60 billion yuan (.8 billion).?Last year, Alibaba Group’s websites Taobao Marketplace and Tmall.com processed more than .8 billion in sales during the 24-hour period, which is roughly one-third more sales volume in a single day than the three biggest U.S. shopping days combined.

As the end of the first quarter this year, Chinese banks' total assets reached 276 trillion yuan (.1 trillion), up by 7.7 percent year-on-year. The non-performing loan ratio of commercial banks stood at 1.8 percent as of the end of the first quarter, slightly higher than the ratio of 1.74 percent in 2017. The banking sector also reported net profit of 571.5 billion yuan in the first quarter, up 6.09 percent year-on-year, according to the China Banking Association.
As policymakers have repeatedly stated that housing is for housing, not for speculation, real estate development is likely returning to fundamentals such as demographic changes, migration and housing studies, which encourage developers to rethink real demand, said Wu.
As the current wave of outbreak would likely last for at least several weeks or longer and there may also be a winter surge later in the year, postponing the election for a year is not "disproportionate" as claimed by the five foreign ministers, the spokesman said.
来源:资阳报