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Dowson Tong, senior executive vice-president of Tencent, delivers a speech during Tencent’s first MEET EdTech Innovation Summit held on Wednesday in Beijing. [Photo/Tencent]

Duan Shouliang, chief judge at a criminal tribunal of the Shanghai High People's Court, said courts will strictly punish loan sharks, especially the organizers of the schemes.

Dual-class share structures－a common governance structure used by tech companies to ensure founders' control over a company despite large-scale equity financing－is also allowed on the new board, the regulations said.

During a recent conference in Beijing on cooperation between China and France in the senior care sector, Olivier Richard, deputy head of mission at the French embassy in China, said many barriers to foreign access have been removed this year and French companies are being treated equally with Chinese companies.

During Sohu's second fiscal quarter briefing held on Monday, the Nasdaq-listed company's CEO Zhang Chaoyang said that most US-listed Chinese companies are audited by world leading firms such as PwC and Deloitte. The jointly-held auditing firms in China are as capable as their parent companies, especially when dealing with fiscal data, he said.