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Chinese car rental company CAR.Inc (00699.HK) whose share price is dragged down by Luckin Coffee (Nasdaq: LK) announced Tuesday that it does not own a single ADS in Luckin Coffee and has not participated in the commercial trade of the coffee maker, applying to resume trading from the day.

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UnionPay International recently cooperated with Huawei and the Singapore Branch of the Industrial and Commercial Bank of China to launch Huawei Pay service in Singapore for the first time, according to an announcement released on the website of UnionPay on Monday.

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As of April 7, the global coronavirus cases have exceeded 1,337,000 with the cases in the US surpassing 364,000, according to the real-time data released by Johns Hopkins University.

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Luckin Coffee (NASDAQ: LK) closes 18 percent lower Monday, hitting the record low, according to burse data.

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Tencent has become the majority shareholder of game live streaming platform Huya by acquiring the latter's shares with 262.6 million U.S. dollars from social media platform JOYY Inc, increasing its voting power in Huya to 50.1 percent.

It has increased its stake in e-commerce platform Pinduoduo, adding about 1.54 million ADSs for around 50 million U.S. dollars.