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"Compared to pure IT players, we find our competitiveness in our profound understanding and rich experience in clinical medicine," Ho said, adding the company's solid financial backing is another benefit.

"Concerns about a possible policy shift are hurting the market," said Zhang Gang, a Shanghai-based strategist with Central China Securities Co. "Investors can hardly find any sectors where they can make money, so they feel a strong urge to leave the market," he was quoted by Reuters as saying.

"Chinese consumers are on average 15 to 20 years younger than our European customers. In China, we are especially catering to the millennials. The majority of our Chinese consumers are younger than 35 years," said Langer.

"Corn production could not meet domestic demand, and the export amount was below expectations," the report said.

"Convenient payment services sound simple, but they can encourage immense spending growth," said Alexander Yin, chief financial officer at TGC, the parent company of ePassi, the Finnish payment terminal provider that works in partnership with Alipay.