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Launched in 2016, Pintec's AI-driven asset allocation system in China has successfully implemented machine learning AI platforms for Chinese financial institutions such as Minsheng Securities Co Ltd, Bank of Zhengzhou Co Ltd, and Guoyuan Securities Co Ltd.

Lawmakers attend a deliberation session at the Legislative Council in Hong Kong, on June 14, 2018. [Photo by ROY LIU / CHINA DAILY]

Last year, the firm inked a strategic partnership with China Development Bank, which will provide a credit of 4 billion yuan (5 million) to promote its businesses, including R&D for its software technologies. Liu Jiren, chairman and CEO of Neusoft, said part of the effort will be put into developing software platforms and chipsets for next-generation intelligent cars.

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Leiweke is the former CEO of Maple Leaf Sports & Entertainment, which owns the NHL’s Toronto Maple Leafs, the NBA’s Toronto Raptors, and MLS’ Toronto FC, as well as Toronto-based arenas.?Before that, he ran AEG, which owns the Los Angeles Kings (NHL), the Los Angeles Galaxy (MLS), and part of the Los Angeles Lakers (NBA). AEG is the other company submitting a Key Arena proposal, which is due April 12.

Last year, the zone exported products worth 2 million, up by 68 percent year-on-year, according to the Council for the Development of Cambodia.

Legislator Horace Cheung Kwokkwan said during the legislative debate on Friday he had received a lot of complaints from parents about the textbooks, especially politically inciting notes, prepared by teachers. He said the task force could help keep politics out of classrooms.

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Last year, the temporary inversion of the bond yield curve in the US stoked fears of a recession. When the short-term yield on bonds in higher than 10-year notes, it often signals a recession because investors question prospects for long-term growth. But the strong US job market and consumer spending allayed recession fears.

Lee said the act constitutes meddling in the affairs of other nations using a domestic law. It contravenes common rules of the international community, Lee said.

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Legal professionals called for judicial authorities, such as the country's top court, to offer more protection for private enterprises and entrepreneurs, in a move to support and increase development of the private sector.

Lau Siu-kai, vice-president of the Chinese Association of Hong Kong and Macao Studies, said the new amendments can have a deterrent effect on some radical opposition lawmakers in Hong Kong, preventing them from setting a bad example for the young people in the city.