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Anywhere else in Beijing and these people could well be lining up to buy the seasonal delicacies of tangyuan or yuanxiao (rice dumplings), but in this case the lines are just part of the daily ritual. What the taste buds of these people in Niujie (literally Cow Street), Xicheng district, are hankering after is homemade halal food, readily available in the area, with its large population of those of the Hui ethnic group.

Apartment buildings for relocated residents in Hangzhou, East China's Zhejiang province, are ready for handover on April 28, 2020. [Photo/Sipa]

Ant Financial announced on June 8 that it has completed a private financing round of billion, the largest of its kind worldwide. Many analysts estimate a 0-160 billion valuation of Ant Financial — higher than its parent company Alibaba — and list it as a top 10 world internet company.

Apart from the flagship Toutiao service, the company is on a constant hunt for investment targets such as Flipagram, Musical.ly and Live.me. Just last month, it also purchased Faceu, a selfie app using augmented reality technologies.

Anti-graft officials also will increase oversight of government officials and those in leading positions of State-owned companies and financial institutions to prevent them fleeing overseas should they be involved in wrongdoing.