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ATI Newswire - the latest updates

China upgrades FTA with Singapore, reports new trade routes coming

November 13, 2018

BEIJING - Chinese media is reporting that Premier Li Keqiang signed an upgraded bilateral free trade pact with Singapore during his visit this week. The revisions are said to ease trade by slimming down red tape on shipment origins and customs procedures, while assuring greater service trade and investment protection.

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19 Hong Kong Stock Options Classes win approval in Taiwan

November 13, 2018

HONG KONG - The Stock Exchange of Hong Kong confirmed today that the Taiwan Futures Exchange has approved inclusion of an additional 19 stock options classes in its list of offshore exchanges and contracts for which Taiwan Futures Commission Merchants (FCMs) have trading authorisation.

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Foreign equity outflow from Asia largest since 2011

November 12, 2018

SINGAPORE - Concerns over a slowdown in China and the Asian region more broadly have sparked the largest foreign equity outflows in a month since August 2011. The region's debt markets fared better, managing to attract inflows. However, the previous strong inflows into the Chinese debt market came to a halt in October.

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Tencent, Shangri-La form strategic partnership

November 12, 2018

SHENZHEN - Tencent and Shangri-La Group have signed a strategic partnership which will focus initially on developing and deploying Smart Hotel solutions to transform hotel operations and services for Shangri-La.

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Business Diary

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Third StartmeupHK Festival – Hong Kong

January 21, 2019 to January 25, 2019

THE StartmeupHK Festival, a week-long celebration of the Hong Kong's startup ecosystem, will be staged by InvestHK for a third year, bringing together startups, seasoned entrepreneurs and investors.

Hong Kong's startup ecosystem now hosts seven official unicorns across sectors as diverse as logistics, AI, FinTech, hardware, travel technology and cryptocurrency trading.

Sensetime, started by academics at Hong Kong's Chinese University in 2014, is now the highest-valued AI startup in the world, at US$4.5 billion.

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