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As smart cities' initiatives using information technology are rolling out in many cities in China, the demand for internet security infrastructure is high.

As the production capacity expanded, Hisense supported some of its employees to start their own companies that provide auxiliary products such as fridge rubber seals and condensers. They were able to lease equipment from Hisense during the initial stage of production.

As the COVID-19 pandemic continues to impact travel agencies, airlines and shipping companies around the globe, apart from CSCEC, many of its peers have also begun to announce progress on their overseas construction sites via online open events.

As the first Hong Kong-listed company with a dual-class structure, Xiaomi, which opened at HK.40 (.73) on Wednesday, surged more than six percent in the morning trading session. It hit an intraday high of HK.20, before closing at HK.55 in the afternoon, up 3.11 percent for the day.

As the Asia-Pacific region has surpassed America and Europe in crude consumption, China's crude futures contract also offers companies a hedging tool that better reflects market conditions in Asia, he added.