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Tencent Cloud, the cloud computing arm of Chinese internet titan Tencent Holdings Ltd, has unveiled its cloud video conferencing product as it sees big growth potential in the blossoming smart office market.

Terry Gou, founder of Foxconn, the world's largest contract manufacturer of electronics, said in July that two systems will emerge in the world, one from the US and the other from China.

That could also pose a challenge because many firms are lining up for listing in China. However, Yan is optimistic. "Success will come when the time is ripe. We've a good team, so neither us nor our investors are going to worry because of that."

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Tenzen Sheden said the team members hope to establish a formal Harley motorcycle club later this year to expand the team and attract more Harley fans and other motorcycle lovers.

Tencent-backed Lianjian's Beike Zhaofang, which is also known as KE Holdings Inc, is conducting trials to improve the property market's transparency and lower risks, said Chen.

Terminus will establish its first overseas headquarters and research and development center in District 2020, a venue that the expo area will be transformed into soon after the event finishes.

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Tencent has also signed a cooperation agreement with the Shandong Vocational College of Light Industry and the Nanjing Institute of Technology.

Tencent Holdings Ltd also signed strategic cooperation agreement with the government of Xiongan in November, to set up a financial technology lab and digitize public medical services.

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Technology, communication services and consumer discretionary stocks fell the most among the major S&P sectors. Beaten-down sectors including financials , industrials and energy bucked the trend, rising between 0.4% and 1.0%.

Terms of the deal were not disclosed. Most of the titles include picture books.