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Among the 164 "unicorns" - private companies valued at billion or more - named by the Chinese Ministry of Science and Technology last week, some 10 companies that appear on the list have been invested in by Fosun at varying degrees, said Chen Qiyu, co-president of Fosun International.

Amid the fast virus spread, consumers here refrained from going for shopping or doing outside activity. It hit hard microbusiness owners in traditional markets and shopping complexes nationwide.

American Airlines said Sunday it is extending those cancellations through Sept 3. Boeing has yet to complete a certification test flight and formally submit its software upgrade and training changes to the Federal Aviation Administration (FAA) for approval.

Amazon’s net sales rose 26% to .5 billion during the quarter, exceeding Wall Street’s expectations. But profits fell more than 30%, as the costs of scaling up for the pandemic weighed on the Seattle tech giant’s bottom line.

Among others, it expects sales of electric vehicles, plug-in hybrids and fuel cell-powered cars in the country to reach 2 million by 2020, and such cars are to account for 20 percent of all vehicle sales by 2025.