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And if it wants, the government can be more subtle in directing investment toward Chinese cloud companies.

An overall test is likely to take place at the start of December. If everything proceeds smoothly, the stock connect mechanism will start operation on Dec 3 at the earliest, according to Shanghai Securities News.

Analysts suppose the market changes not in conflict with mainland's CDR role

Angang Steel Company said its net profit would rise 236 percent year-on-year to 3.3 billion yuan (7.7 million) on the back of a recovering market demand and cost-efficiency moves.

And in March, Cainiao Green Alliance Charity Fund, which was jointly established by China Environmental Protection Foundation, Alibaba Foundation, Cainiao Network and co-funded by several logistics enterprises, planned an investment of a total 300 million yuan in green packaging, recycling, delivery and intelligent processing.