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Apple shares rose 4 percent in after-hours trading to hit a fresh all-time high.

Apple Inc announced on Friday a first-of-its-kind investment fund in China to connect suppliers with renewable energy sources.

Arecolor Kenya General Manager Xu Huanwen told Xinhua in Nairobi that they are seeking to establish a million factory to produce printing consumables such as toner, ink, copy cartridges and power banks.

As Beijing is deeply concerned that a property bubble could be damaging to the real economy and the financial sector, top leaders once again vowed to stick to their tightening stance on the property sector at the Politburo meeting, said Lu Ting, chief China economist at Nomura Securities.

As Beijing's first department store built in 1955, the Beijing Department Store has been struggling to survive, as e-commerce has reshaped the country's retail landscape. Companies sell things online at lower margins, and Chinese consumers have become used to clicking on their smartphones and having their goods delivered to their doorstep.