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China CITIC Bank Corp Ltd helped China General Technology (Group) Holding Co Ltd, a major State-owned conglomerate specializing in areas including pharmaceuticals, advanced manufacturing and technical consulting, raise 2 billion yuan on Thursday through issuance of 90-day super and short-term commercial paper with a bond coupon rate of 2.4 percent. Out of the total funds raised, 400 million yuan will be used for prevention and control of the epidemic.

China Securities Regulatory Commission has sent an investigative team to Luckin Coffee, which has recently fallen into scandal due to suspicions of financial fraud, Tencent News reported on Monday.

China Central Television's sports channel also announced that it will suspend cooperation and exchanges with the Rockets, including broadcasting.

China Eastern said it has started to adjust the prices of the first batch of five flights, including the flights between Harbin and Xi'an, and Chengdu and Taiyuan. China Southern said it will adjust the prices for more than 50 flights, accounting for 30 percent of its domestic capacity.

China announced more efforts to deepen supply-side structural reform to attain high-quality development at the central economic work conference held at the end of 2017. The tone-setting meeting also listed "pushing forward a new pattern of all-around opening-up" as a priority.