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BEIJING - Ant Financial, the parent company of Alipay, announced a partnership with CK Hutchison Holdings Tuesday to jointly operate payment services in Hong Kong.
Available information shows that three of the nine companies specialize in the latest information technologies, two are high-end equipment manufacturers, two biomedicine companies, one new material maker and one new energy service provider. The average market value of the nine companies is estimated at around 7.28 billion yuan (.08 billion).
Attendees of the IMFC meetings broadly agreed that the global recovery is increasingly uneven, and some of the previously identified risks have partially materialized. Risks are increasingly skewed to the downside amid heightened trade tensions and ongoing geopolitical concerns, they said.
Aviation industry analyst Lin Zhijie said the civil aviation industry will suffer a loss, which is a rare occurrence during the Spring Festival transportation period. The threat to the industry is expected to be far greater than that of the SARS epidemic in 2003 because China is playing an increasingly important role in the international air travel market. "The outbreak of SARS occurred in March, a relatively slack travel season. This time, airlines will experience a more significant loss as they have lost the demand during the Spring Festival period. Besides, the novel coronavirus has a higher infectivity and it has a great impact on market confidence," he said.
Attendees check out property development models during a real estate expo in Shenzhen, Guangdong province. [Photo provided to China Daily]
来源：资阳报