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Hong Kong was ranked fifth globally in the latest World Competitiveness Yearbook 2020 published by the Switzerland-based International Institute for Management Development (IMD), down from second last year.

His company had sales of more than 1 million yuan last year.

His remarks came after Peter Salovey, president of Yale University, issued a statement on Thursday, affirming Yale's "steadfast commitment" to its international students and scholars.

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Hong Kong holds its first large-scale inter-departmental counter-terrorism exercise on March 25, 2019. [Photo/IC]

Hong Kong reported 19 confirmed cases of COVID-19 on Tuesday, a day after recording a single-digit daily rise in coronavirus infections. Eight of the 19 patients were infected from an unknown source.

His new policy bans "all nonessential gatherings of individuals of any size for any reason''.

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Hong Kong is trying to rescue its "frozen" tourism industry by relying on the Guangdong-Hong Kong-Macao Greater Bay Area and exploring more of this sector, said Dane Cheng, executive director of Hong Kong Tourism Board (HKTB).

Hong Hao, chief strategist at Bank of Communications International Holdings, wrote in a report that only strategic investors have reduced their stakes in the A shares lately.

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His words touched Wu Chunxia, a woman from a nearby village who was working in Shanghai. The two added each other as contacts on WeChat, and Shi invited Wu to visit Shibadong. She was deeply impressed by Shi's optimism and the vigorous development of the village.

Hong Kong further tightened pandemic precautionary measures on Wednesday as the city reported a record-breaking 113 new coronavirus cases, including 105 local transmissions.