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She added, “Amazon has a unique culture and prioritizes customer obsession. I personally relate more to the hard-working culture depicted in the NYT article, than the fun and empathetic culture in Jeff’s memo. I had great managers and enjoyed the strive for excellence, so it was a good fit for me personally.”

Shares of S&P 500 technology companies, which are exposed to Chinese markets, dropped 4.1 percent. US tech stocks, including Apple, Intel and Microsoft, also were hammered.

Shanghai-Hong Kong Stock Connect was launched on Nov 17, 2014, and Shenzhen-Hong Kong Stock Connect was launched two years later, giving the Chinese mainland and international investors direct access to each other's markets from their home market for the very first time.

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Several times he went on the Lifeline Express, a mobile hospital set up on a train, with charitable organization the Lifeline Express Hong Kong Foundation. The project reached into remote areas of the mainland, providing free cataract surgeries for patients in need. China accounts for about 18 percent of the world's blind, while cataracts are one of the major causes, according to the World Health Organization.

Shares of the company slumped more than four percent on the news.

Shan and her team found that although bike-sharing is very popular in China, many international companies have started strategic planning in automobile-sharing in some CBD areas in China.

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Shares of Ping An bank edged up 0.06 points, or 0.4 percent, to finish at 15.14 yuan on the Shenzhen Stock Exchange on Tuesday.

Shanghai is aiming to become a smart city with a wide application of technologies such as big data, IoT and artificial intelligence by 2040. This goal has presented a host of business opportunities for companies across all industries.

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Several startups have applied for IPO training on the board and some funds have developed related products to bank on the potential market boom. Local governments are also busy seeking qualified candidates and even offering bonuses for pioneers.

Shao was there for the celebration last year, which fell on June 26.