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Analysts said the fact that steelmakers kept producing more and more steel in April was due to several reasons.

And Chinese fintech giant Ant Financial Services Group, Alibaba's payment affiliate and owner of Alipay, has acquired a stake in Paytm, India's largest mobile wallet operator by user number.

Analysts said off-balance sheet debt raised through such financing vehicles, which do not disclose the size, posed risks to the nation's financing system.

Analysts from Everbright Securities said in a report that the country's new Securities Law, which took effect on March 1, has come up with more severe punishment for fraudulent measures. This is also a crucial preparation for the introduction of T+0 settlement.

And bad because a bottle of Kweichou Moutai's premium liquor costs much more than 600 yuan, or almost as much as a share in the company.