China warns citizens not to go home for Lunar New Year amid new COVID-19 outbreaks
FriFriday 15
JanJanuary 2021 at 7:31pm
Tong Gong says she s going to follow the advice and not travel this Lunar New Year.
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In recent years, Tong Gong would always go back to her hometown in China s Henan province during the Lunar New Year holiday to reunite with her parents.
Key points:
Most people leave their cities of work to see their families back home
China is currently fighting new COVID-19 outbreaks in the country s north
This year however, the employee for the Chinese tech giant Tencent decided to stay in the southern city of Shenzhen, the so-called Silicon Valley of China , instead of making the trip up north to Luoyang city.
Staggering growth of super-rich in China
According to Forbes’ Rich List of China in 2020, the total wealth of the 400 richest people in China soared from $1.29 trillion to $2.11 trillion last year an increase overall of more than 60 percent. For those who made it to the list, almost two thirds saw an increase in their wealth. The entry criterion for last year’s Rich List was $1.55 billion, compared to the $1 billion threshold in 2019. Much of this was due to the rise and rise of share prices.
Nongfu Spring, which was publicly listed in last September in Hong Kong, had a 120 percent increase in its stocks by December 17. Zhong Shanshan, the company’s founder, whose wealth rocketed from $2 billion to $69 billion, replaced Jack Ma as the richest person in China. Jack Ma only saw his wealth rise by 72 percent to reach $65.6 billion! In China’s bottled water market, Nongfu Spring now occupies all market shelves and vending machines. With its control of some of the best natural w
Now they are paying attention to us : Meet the Xinjiang entrepreneurs driving an economic revival-- Beijing Review bjreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bjreview.com Daily Mail and Mail on Sunday newspapers.
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QINGDAO, China, Dec. 21, 2020 /PRNewswire/ SOS Limited (NYSE: SOS) (the Company or SOS ), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China announced today its preliminary estimates of certain financial results for its full fiscal year of 2020 ending December 31, 2020, and business outlook for the fiscal year of 2021.
Outstanding Revenue Growth Expected For Full Year 2020
Based on information available as of today, full year 2020 revenue is expected to be approximately $49.5 million, representing growth of 451% compared to that of 2019. The revenue s robust growth is primarily due to the effective execution of the Company s business transformation strategy, which enabled us to cease our legacy peer-to-peer lending business and focus on providing marketing-related data for clients such as insurance companies, financial institutions, medical institut