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As of Dec 31, 2016, Fosun's total assets exceeded 480 billion yuan ( billion). Over the past few years, it has invested extensively worldwide with the total investment amount expected to reach billion.

As many as 60,000 tickets will be sold online for a single day over the period, 36,000 tickets for the morning and 24,000 for the afternoon.

As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores. It said the stores will close in phases throughout the Chapter 11 process and details of the first phase will be disclosed in the coming weeks. Penney is the biggest retailer to file for bankruptcy reorganization since the pandemic and joins luxury department store chain Neiman Marcus, J.Crew and Stage Stores. Plenty of other retailers are expected to follow as business shutdowns across the country have evaporated sales. In fact, U.S. retail sales tumbled by a record 16.4% from March to April.

As many as 44 projects belong to the industrial development, with an investment of 18.6 billion yuan, accounting for 66 percent of the total investment, 35 projects belong to the infrastructure upgrade, with a sum investment of 5 billion yuan, 18 percent of the total investment, and 42 projects are for public service, with a sum investment of 4.5 billion yuan, up to 16 percent of the total investment.

As hush-hush as Amazon’s CBRS project is now, it used to be even more hush-hush. Last November, IEEE Spectrum reported that the initial application was filed on behalf of a venture called Chrome Enterprises LLC, and covered locations in Cupertino and Tracy, Calif., as well as Sunnyvale. The application listed coordinates that were close to, but not exactly on top of, Amazon facilities.