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Ant Group, a Chinese financial technology company which manages the mobile payment service Alipay, seeks to pass the HKEX hearing for its IPO as soon as next Tuesday, and is expected to float on the Shanghai and Hong Kong bourses by late October, according to Hong Kong Economic Times (HKET).

Another pattern is emerging among the candidates and politicians outside the race. While many of them say a number of tech companies need to be reined in, Amazon often gets namechecked more than its peers.

Ant Financial, an affiliate of Hangzhou-based tech titan Alibaba, announced last month that its Alipay has entered local bus networks in 50 domestic cities. This service would reach 100 cities this year, including third- and fourth-tier cities.

Annie Lee, general manager of Swire Coca-Cola Beverages Hainan Ltd, a subsidiary of Coca-Cola China, said per capita consumption of the company's beverages was the equivalent of 89 cans in Hainan in 2019, which is higher than the country's average of 47 cans. This is due to the high tourist numbers in Hainan last year.

Apart from strategic cooperation with Sogou, Haier will reach partnership deals with the Chinese Academy of Sciences, LingLong Co (a joint venture of e-commerce giant JD and leading Chinese AI company iFlytek) and Mobvoi Inc, a Chinese AI startup backed by Google Inc in the field of AI and smart home.