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Despite factors like many top realty players missing first-half revenue targets, the government's stringent rules continuing to keep a lid on runaway prices, and financially strained investors turning cautious on new developments, the industry is all excited about the future.

Despite progress in recent years, pyramid schemes, especially those online, remain an issue in China, causing massive financial losses, twisting the values of participants and harming the social credit system, the MPS said at a meeting Wednesday.

Denza, a joint venture between BYD Auto Co Ltd and Daimler AG, and based in Shenzhen, is rolling out models with a range of more than 400 km.

Despite a fall in IPO numbers, the average amount of capital raised on the A-share market reached its highest since 2011.

Deliveries of long-range jets like the Boeing 777 or 787 and Airbus A350 or A330 have been hit particularly hard as airlines seek deferrals, and many withhold progress payments.